Two big hedge funds, Melvin Capital and Citron Research, are thought to have been the most exposed. The Wall Street investors who had "shorted" stocks of GameStop were relying on the price falling so they could get their money out but a huge surge in investment has seen the price skyrocket and left them unable to close their positions. It was worth $100-ish at times on Monday and Tuesday and at its peak on Wednesday reached over $450. GameStop’s stock price jumped from $4 last summer to $20 at the end of 2020, to $40 two weeks ago. The amateur traders, whose subreddit bio is “ Like 4chan found a Bloomberg Terminal” and led by user “DeepFuckingValue” organised themselves to gradually buy up shares in the retailer, forcing the price of GameStop’s stock into the heavens, simultaneously making a lot of money for themselves and crushing the strategy of the colossal hedge funds who’d bet against it. Quite literally against all odds - in what has now become a class war - some investors on Wall Street have now lost millions of dollars. It all started with a subreddit called WallStreetBets on the chat site Reddit. Please try again later.It's the now famous tale of a band of keyboard warriors who decided to bet big against gigantic financial institutions by changing the fortune of a video game retailer on the downturn called GameStop. Sorry, you are ineligible to sign up for this newsletter. If you still have troubles receiving the emails, please contact EA. Please check your spam folder for the above email. You’ve already signed up for EA Originals newsletters with the above email. Unsubscribe at any time by changing your email preferences. You've successfully signed up to receive emails about EA Originals and other EA news, products, events and promotions. Sign up today to receive the latest Lost in Random news, updates, behind-the-scenes content, exclusive offers, and more (including other EA news, products, events, and promotions) by email. I can unsubscribe at any time by changing my email preferences, contacting privacyadmin.ea.com, or writing to Electronic Arts Inc., ATTN: Email Opt-Out, 209 Redwood Shores Pkwy, Redwood City, CA, 94065, USA. With branching dialogue options, players can interact with them, accept quests and missions, and be drawn deeper into their peculiar world. Curious Folk of Randomīound by the punishing rules set by the Queen, the citizens of Random are maddeningly unpredictable. Calm, cold, and calculating, the Queen forgoes words in favor of action, often delivered through a devastating roll of her powerful black dice. Random’s Queen has ruled over the kingdom for as long as anyone can remember, enforcing a perverse sense of order through her brutal control over its citizens' lives. Odd rolls a six, signaling a life of luxury and privilege, residing in the palace with the Queen herself. Like all citizens of Random, she is visited by the Queen on her twelfth birthday and presented with the honor of rolling the Queen’s black dice, which will dictate where in Random she will live for the rest of her life. But Even has a secret weapon to protect against the dangers of Random – her trusted companion, a living dice named Dicey. Living in the lowest and poorest of Random’s realms, Even has learned that life is tough and she's quick to distrust others. Despite her namesake, she is anything but even-tempered. Even is a courageous eleven-year-old girl from Onecroft.
0 Comments
Leave a Reply. |