This is a great explanation of what happened yesterday with GameStop. I pulled this off of TG. - The Great Awakening - Where We Go Qne, We Go All!

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This is a great explanation of what happened yesterday with GameStop. I pulled this off of TG. (media.greatawakening.win)

posted 3 years ago by kkuff 3 years ago by kkuff +234 / -1

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– 05timiLdeepS 1 point 3 years ago +1 / -0

If someone buys that "borrowed" stock at $10, who is the real owner? If the price of the stock goes up, shouldn't the profit belong to the real owner. I am unclear how the broker can square these trades.

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– aekotra 1 point 3 years ago +2 / -1

If a bank lends you $100 and you take it to the market and double it, who gets the extra $100? The bank? No.

Think "loan" instead of "borrow". The trader is paying interest to the broker while the stock is in their possession.

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