#OrderTypes101
🚨🔥GameStop… The stock that shook Wall Street
Can you imagine that thousands of small investors were able to defeat the big speculators in the heart of the American financial markets?
This is what happened in one of the boldest battles in the history of global exchanges!
⸻💵 How did the story begin?
GameStop was struggling financially, and its stock price was trading below $20.
Big investors and hedge funds bet on the stock's collapse and short-sold it, expecting massive profits when it dropped further.
But the surprise came from where they least expected it… 🔥
📣 Reddit platform ignites the revolution!
A group of small investors on the WallStreetBets forum decided to confront what they considered repeated exploitation by the big players.
They started buying GameStop stock collectively and in an organized manner, raising the slogan:
"We will not allow the rich to profit at the expense of weak companies!"
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🚀 What happened next?
The stock jumped from less than $20 to over $480 in days!
The shorts who sold short entered a “short squeeze” spiral,
and were forced to buy the stock back at crazy prices to cover their positions…
The result? Billions in losses!
👑 The hero of the story?
A young man who owned the stock early on and refused to sell it despite his profits reaching $23 million!
He said: "It's not about the money… it's about principle!"
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📌 The lesson?
When people unite, even Wall Street shakes!
And this incident has led to legal discussions.