What happened during the Game Stop stock craze in 2020?
In: Economics
just go watch dumb money on netflix or any of the documentaries about it.
a guy that worked in investing decided to make a youtube channel and post on wallstreetbets and it took off and shattered the typical black shoals equation for options. he mostly bought shares. the hype of people buying options propelled it into a parabolic gamma burst. kind of repeatedly for awhile.
some people made life changing money. it just got a lot of publicity because it was so stupid. gamestop has been an awful company since forever. 😂
quick edit: he would give his thoughts [often](https://www.reddit.com/user/DeepFuckingValue/). and nobody believed or cared, or actively shat on him, for *awhile*. DFV is the guy in the thumbnail wearing the bandana.
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