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GameStop stock has skyrocketed over the past couple of weeks as the Reddit community Wall Street Bets has successfully pumped up the stock costing hedge funds and market makers billions of dollars. What's even more surprising is that Wall Street Bets was even able to garner the support of some billionaires like Elon Musk, Chamath Palahipitiya, and Mark Cuban. Not only did these billionaires raise awareness about Wall Street Bets, but Chamath even played along himself. These guys didn't play along just to help retail investors make some quick money though. Rather, these billionaires have had grievances with these shorters and hedge funds for years for market manipulation. This video explains how hedge funds and market makers manipulate the stock market and how many billionaires joined forces with Wall Street Bets to give big money a taste of their own medicine.

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Timestamps:
0:00 - GameStop Rocket
0:46 - Short Squeeze Made Simple
2:41 - Fake News
5:22 - Bull/Bear Raiding
6:53 - Spoofing
8:15 - Elon & Chamath

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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