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Mega-investors punished with $70 BILLION LOSSES as GameStop and other shorted firms see stock surge – data analysts ...News
Short-selling investors lost a staggering $70.8 billion this month, according to financial data analytics firm Ortex. Their losses were partly driven by small traders pumping money into stocks like GameStop. Short-sellers lost $70.87 billion on US companies this year so far, according to analysis from Ortex reported by Reuters on Thursday. To put the loss in perspective, $70.87 billion is half a billion dollars more than the GDP of Slovenia, according to CIA statistics. In just a few short days, the American people realized their power and took down $70 BILLION in predatory trading. We're not even finished. This number w
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