Reddit vs Wall Street – When the rich were eaten | Part 2: Manipulation, Congressional Hearing, Will the “GAME STOP”?
In Part 1, we explored how WallStreetBets became the “graveyard” for the wealthy on Wall Street, where the short-selling plans for GameStop stocks were dismantled, leading to billions of dollars in losses for hedge funds. Even well-established funds like Melvin Capital, known for consistent profits, suffered massive losses and teetered on the brink of collapse. […]
