Dead video game store whose stock faced a short squeeze because of the popular subreddit r/wallstreetbets after Youtuber Roaring Kitty (also known on reddit as r/deepfuckingvalue) noticed that the stock was illegally shorted 140%. The stock rise caused the hedge fund Melvin Capital to lose billions and be bailed out by Citadel, the same hedge fund that pays 40% of Robinhood's income in return for user data. This lead Robindhood's CEO to limit stock purchases of GME on Robinhood.
This called into question the idea of a free market and whether the real wolves on wall street are the hedge funds or ordinary people.
This called into question the idea of a free market and whether the real wolves on wall street are the hedge funds or ordinary people.
by carribgyal February 01, 2021
A type of stock that was purchased on Jan 28, 2021 so much by a collective amount of internet users and Redditors. It completely destroyed hedge funds and billionaires monopoly on the market.
by DODGEEEEEEEEEEEE January 29, 2021
by MagentaPuppy January 28, 2021
Gme, also known as gmedondada, gme.crzy, currently known as @gmedondada on instagram, gme is known for running a (CnC) server he names "Primitive" it uses "PrimitiveAPI" to send attacks, thebest DDoS service on the market.
by Qvjxg July 02, 2021