Bill Gates and GameStop: Bill and Melinda Gates’ marriage ended: What short selling GameStop shares could have to do with the split of Microsoft co-founder | message
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Bill and Melinda Gates announce separation
Reddit comment gets new explosiveness after marriage-off
Preparing for a market crash?
Bill and Melinda Gates divorce after 27 years of marriage
Microsoft has been a co-founder since 1994 Bill Gates married to the former programmer of the Redmond company Melinda. Now the couple surprisingly announced their separation via the short message service Twitter. “After careful consideration and much work on our relationship, we have decided to end our marriage,” the post reads. “In the past 27 years we have raised three incredible children and built a foundation that works to help people around the world live healthy and productive lives. We continue to share the belief in this mission and will continue to work at the foundation, but we do no longer believe that as a couple we can grow together in this next phase of life. ” What followed was a loud media response about the couple’s sudden divorce plans, who are fighting to improve health care worldwide with the help of the Bill & Melinda Gates Foundation.
– Bill Gates (@BillGates) May 3, 2021
Hint of separation in Reddit forum?
However, the message seems to be less surprising for a user of the Reddit community “r / GME”, as “MarketWatch” reports. The sub-forum deals mainly with the shares of the video game retailer GameStop, which runs under the ticker GME and which received a drastic price increase at the beginning of the year due to small investors. A user of the platform is said to have already pointed out in March that more than a million shares of the hyped group were borrowed in advance trading – a possible sign of a further attack by short sellers who are lending shares and buying them back on the market at a lower price before they do so have to return them to the distributors. As early as January, this tactic heated up the conflict between institutional and private investors. A user with the online pseudonym “jobom3” believed he knew the reason for the increased demand for borrowed GameStop stock. “I think they are only gaining time to protect their personal wealth,” he commented on the entry regarding hedge fund manager strategies. “They move them abroad or divorce their wives and put the money in their names. Tricks like that. At least that’s how I would do it.”
Possible hedge against market implosion
The user caused a real outcry in the community. Although the comment did not receive much attention in March, it has now been celebrated in the forum since the announcement of the soon-to-be ex-partners. The entry has now received several comments and is assigned digital currencies and awards that users of the online community can give to one another. Because in the course of the latest breakup news, the rather vaguely worded text contribution can now be interpreted completely differently. Reddit board members believe jobom3 predicted the Gates’ divorce and say it supports speculation that some wealthy GameStop short sellers are battling the short squeeze to protect their fortunes from the possibility of a market implosion. This tactic could also avoid the demands of ex-partners, as can be read on the portal.
Don’t be afraid of a market crash
Nevertheless, it may seem far-fetched to recognize a direct connection between the Microsoft co-founder’s marriage and the course of the GameStop share. “Could someone show me any links that connect Gates to GME?” Asked a user on the forum. “Maybe not directly to GME,” replied another member, “but [Bill Gates] has likely put money in hedge funds and other investments that will go under if they are all liquidated and the market collapses. ” Canadian National Railway is buying, MarketWatch explains, but rumor has it that the billionaire has already made provisions for such a case, according to another user: “Bill is ready for the market crash; Last year he bought more land than usual and is also profiting from water futures “, the GameStop forum reads. Any involvement on the part of Gates in the GameStop share – whether direct or indirect – is difficult to identify .
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