When Davids on Social Media Topple the Goliath of Wall Street
By EsqSocial Corporation 29/01/21
Social media started out as a way to connect with old friends and distant relatives. Not anymore. Now, social media is being weaponized by everyday people to topple the giants of Wall Street. Recently, posters on Reddit and Discord saw an opportunity and pounced on it. They saw that major hedge funds had taken significant short positions against Game Stop, the retailer that sells video games and pop culture related merchandise in your local strip mall. With the recent advent of streaming games,...
By: Spilman Thomas & Battle, PLLC