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RE: GameStop Investing Craze is ‘More Proof’ of Bitcoin’s Success – Co-Founder of Skybridge Capital

in #gamestop5 years ago

Interesting choice of topic @daily-coin

Issue around Gamestop definetly brought so much attention to stock markets and exposed some real issues.

I've been wondering: would it be possible and profitable to open short positions on gamestop right now, while price is so high and assuming that very unlikely it will still grow much?
Could hedge funds make billions by shorting it right now?

What do you think?

Cheers, Piotr

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Hey and sorry. We didn't check our notifications for a while because we didn't think anyone would actually comment, post, or write messages to us.

That said, as you can see it's all gone down the drain. Back on r/WSB, some people are still fighting the good fight and there are a lot of conspiracy theories surrounding the subreddit and the GME stock as to why it's dropping, and many believe it's due to outside influence.

We're currently still monitoring the situation and wondering how it's going to proceed from here, but at the moment - no. It wouldn't have been smart to invest in GME five days ago, and it is still very uncertain.

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