There is a danger that some of the hedge funds who have taken the short positions in these stocks (GameStop and otherwise) could go bust. And if that happens, their creditors wont get the money they are owed and it will be a lot harder for Wall Street to get credit form the kinds of people who lend to Wall Street. And there is even the potential for a credit market collapse as happened in the GFC.
|
Previous 
Index 
Next 
Flat 
Re: Thoughts on the whole Gamestop stock thing?
Reply
