GAMESTOP: IN THE LINE OF SHORT SELLERS

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·@pouchon·
0.000 HBD
GAMESTOP: IN THE LINE OF SHORT SELLERS
<center>![image.png](https://images.hive.blog/DQmcWaVdzAQGCwAcPtpGgMYhfTfKSQJkiBBrNLijpe6yYV7/image.png)
[source](https://act.webull.com/nvi/ziDaj7RW9NRe/l3s/Wheel/wb_oversea)

This week is full of amazing news in the Financial market.
Yellen with Bitcoin, not sure where she will start with regulation.
Many big techs companies will have their reports this week including Apple.
Microsoft did really good with their cloud service.

Just like that Compact disk or anything you carry with you
stand no change for storage in the line of cloud service.
above all I was not sure about Gamestop rising like it may never go down.
Social media at his best. A prominent group in Reddit decides to boost the value
in order to beat the short seller at their game to make a profit.

I have to say it is a catch 22 seeing the stock getting freeze many times for the last two days.
Right now sitting at $209, this is madness trying to take away profit from the institution traders.
Gamestop itself is in a bad situation. They are losing many due to the way people are shopping lately
Brick and Mortar businesses are changing for good except for Wally world that keeps reinvent itself.

![image.png](https://images.hive.blog/DQmUPKqQYAH45FHrM7Z4F3YdFFfJrojMgLCGHKxT6dpJ1bj/image.png)

The retail investors push the value of Gamestop at $10 billion right now to fight the short sellers.
What a short squeeze we have on our hand. Definitely if you buy, you need to sell in order to make
a profit while blocking the short sellers theirs.
Do you recall when they did the same thing to Tesla. At one time they were winning cause they short
the short hoping it will drop and when it did they purchase it at the lower price and sell it again
since they already make their profit.

Musk was not pleased with their intention till Tesla stocks started to rally back and then
 the reversal started to happen when they lost together billions of dollars.
I am not sure how long it will last but the battle shows how a community should bring together
their effort to combat big pockets.

I have been inside of Gamestop. It will be terrible seeing them close soon. This rally may not save them
unless they restructure their business.
Gamestop is not alone in this battle. Bed Bath and Beyond is having a little push as well.
If you are into trading, be careful.
It is a lot faster to lose than earning this way.
On the other hand, keep stacking satoshis.</center>


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