Can someone explain or give me the link to what happened with Robinhood and GameStop yesterday? If they are related. - The Great Awakening

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Can someone explain or give me the link to what happened with Robinhood and GameStop yesterday? If they are related.

posted 3 years ago by Fogmouth 3 years ago by Fogmouth +5 / -0

Kind of confused. Should I dump Robinhood?

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– cryofreeze 2 points 3 years ago +2 / -0

Hedge funds and Wallstreet shorted 113% of GameStop stock. In order to cover those shorts, they need to buy it all back. Reddit and 4chan are buying and controlling as many shares as they can preventing the buy back at any price, pushing the price up.

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