The Biggest Short Squeeze of Your Life

Hedge funds and big wall street investors were shorting the game stop stock. When you short a stock, you borrow shares at one price, sell them in market and agree to buy them back. If the price goes down, you make money on the difference. But there's a catch. If the stock goes up, it's the financial equivalent of getting caught with your pants down. And so the reditors realize that if they bought enough game stop stock, that is exactly what would happen to the short selling hedge funds. The price would go up, the big ueys would lose money, and the internet investors would win. In april of 20 20, someone named senior hedge