The Kiwi traders betting it all on GameStop

Fri, 29 Jan 2021

This article has been republished. It was first published in JanuaryRetail investors in New Zealand have been buying shares in a massively overpriced NYSE-listed video game retailer as part of a concerted effort to squeeze Wall Street hedge funds that have shorted the stock.Sharesies-user Dominic Wilshier invested roughly $20,000 in GameStop Corp, following a tip from an online trading influencer who goes by the names ‘Roaring Kitty’ and ‘DeepF**kingValue’ (DFV). “I watched one of his videos on YouTube and de...

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