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| Topic | You guys see what's going on with GameStop's stock? |
| MajinZidane 01/26/21 10:45:55 PM #42: | In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional "long" position, where the investor will profit if the value of the asset rises. There are a number of ways of achieving a short position In basic terms: some big hedge fund companies have "short sold" GameStop, meaning they make money if the value of GameStop decreases. GameStop's value is increasing, so they are losing money on that "short sell." It's more complicated than that in regards to how they short sold, but that's the tl;dr --- Virtue - "You don't need a reason to Boko United." ... Copied to Clipboard! |
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