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philip964 wrote: ↑Tue Feb 02, 2021 4:40 pm https://www.cnbc.com/2021/02/02/the-oth ... -hits.html

All the Reddit stocks were lower today. In case you haven't been following it, Gamestop went from $2.50 a share to $450 as share in about 3 months. Then it went back down as profit taking took hold. It closed around $90 today. A lot of hedge funds who like to short stocks had to be bailed out. A stock exchange company callled RobinHood where you pay no trading costs that focuses on young investors, blocked Gamestop buying so hedge funds could close out their shorts. Supposedly hedge funds lost 19 billion while young Reddit traders made that much. Many stories on Reddit of young kids making a lot of real money (if they sold).

https://www.reddit.com/r/wallstreetbets/

This is where the Reddit stock action is with Gamestop and others.