on this special episode of the Personal Finance Podcast,

we're going to talk about what's going on with GameStop,

AMC, and all these other stocks that are flying to the moon. What's up everybody and welcome to the personal finance podcast? I'm your host Andrew

founder of Dollar After Dollar.com and today on this bonus

episode of the personal finance podcast we're going to talk about what the heck is going

on with the stock market right now because I have never

gotten so many emails in my entire life on one single subject and it's all over the news and if you

haven't seen it yet I'm going to explain exactly what is going on

so this is one of the craziest funniest situations I've ever seen with the stock

market and it's one of the wildest stories that I've ever seen as well.

I can see this becoming a Netflix documentary

very, very, very soon.

And if you're out of the loop,

get your popcorn ready because this is exactly what happened. So GameStop, if you're not

familiar with GameStop, it's a video game store, it's a dying business because what happens

a lot of times right now is a lot of people download video games online.

Plus with COVID hitting right now a lot of malls are dead and a lot of Game Stops are inside of malls.

So it's a lose-lose situation for GameStop. So what happened was a

hedge fund started shorting the stock. Actually a lot of hedge funds started

shorting the stock, betting that it would go down. So that's all shorting a stock is,

is someone is betting that a stock is going to go down instead of up. Now here on the

personal finance podcast, we never recommend that you ever short any stock because it's a very dangerous game to play because it can go down infinitely and then you're stuck holding the bag

...