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AFP
![The share of the US video game chain Gamestop is currently causing a sensation.]()
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The share of the US video game chain Gamestop is currently causing a sensation.
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imago images/Political-Moments
![In the meantime, the price rose by 1700 percent.]()
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In the meantime, the price rose by 1700 percent.
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AFP
![The reason for this is the large number of small investors who joined forces on Reddit forums and on Twitter.]()
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The reason for this is the large number of small investors who joined forces on Reddit forums and on Twitter.
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AFP
![Adrian B. did not act on Robinhood. He now has a real broker account.]()
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Adrian B. did not act on Robinhood. He now has a real broker account.
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The shares of the US video chain Gamestop have been causing a stir for weeks. Small investors are fighting against professional hedge funds. And: for once the little ones win. For example, Adrian B. * from Zurich. He made a lot of money. And is happy: «My landlord wanted to sell the house in which I live. Now I can buy it myself », says Adrian B. * to BLCK. He would like to remain anonymous to avoid jealous looks.
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The Swiss can only slowly grasp that they have earned more than two million francs with Gamestop shares. The past few weeks have been extremely nerve-wracking for him. Adrian B. was on the verge of a circulatory collapse several times. “I suddenly felt better when I saw the seven-digit amount in my bank account,” he says VIEW.
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1700 percent more value
The shares of the American video chain Gamestop made headlines around the world in recent weeks. After years of low prices, the stock grew a staggering 1700 percent in a matter of days. The reason for this is the large number of small investors who joined forces on Reddit forums and on Twitter.
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Together they drove up the price and thus brought even large, professional hedge funds into distress, which had bet on a low price. In order to avoid even greater losses, the hedge funds got involved themselves. And thus drove the course further up.
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A hobby that is worthwhile
For Adrian B. it all started as a hobby. He followed the hustle and bustle on the stock exchange as well as the Reddit forum Wallstreetbets. The forum is full of madmen, but every now and then there are well-researched stock tips. So the idea of investing in Gamestop came up for the first time. “I believed in Gamestop and was pretty sure they wouldn’t go broke,” he says. He was convinced that opportunities in e-commerce and the latest Playstation would make the price rise again in the long term.
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A year ago he got in with about 2000 shares. “Back then the price was $ 17. At $ 24 I kept investing and I bought the last shares at around $ 38, “says Adrian B., who actually works in advertising. At the end of January, the price soared to over $ 347. He has now sold everything except 100 shares. And thus secured a house.
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There’s more to Gamestop
“In the same month the landlord called me and told me that he wanted to sell our house,” says Adrian B. Now he can buy the house himself without a mortgage in the Zurich agglomeration. It was the most pleasant conversation with the bank in years, he says with a laugh.
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Adrian B. now wants or has to take a break. He has bought an expensive computer and will continue to experiment with around 5000 francs on the stock market. He now also has a real broker account. He keeps his last 100 Gamestop shares as a souvenir. “But there could well be a second round,” he believes.
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* Name changed by the editor
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Published: 02/05/2021, 4:38 pm-Last updated: February 5, 2021, 5:04 pm–Related posts:
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