This week has been somewhat unusual, though that may be an understatement.
Media outlets and articles are being written on a relatively obscure company called Gamestop (NYSE: GME).
The gaming retailer’s share price has skyrocketed more than ten-fold over the past month , with most of the sharp rise coming in just the last couple of days.
This whole saga started when the retail masses, represented by anonymous individuals posting on a forum called Reddit, started to unite and call for a concerted effort to artificially inflate the share price of Gamestop.
What happened next is probably going to go down in history books.
Due to frenzied buying, the share price of this unprofitable company staged a massive surge, thereby frustrating short-sellers who aimed to profit from the decline in its stock price.
In a nutshell, the whole fiasco may very well reveal itself to be a well-orchestrated “pump and dump” scheme designed to suck in gullible retail investors....