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Listen to Podcast: GameStop and the Short Squeeze (https://www.npr.org/2021/01/27/961291455/gamestop-and-the-short-squeeze)
You may stream or download the Podcast. A transcript of the Podcast is also available.
The podcast is about 9 minutes. While listening to the podcast, consider how the short selling and rising price of GameStop stock relates to some of the concepts we have learned in class.
Identify an economic concept from class that is illustrated in the podcast.
Is an individual expecting the price of the stock to rise or fall in the future when they are short selling? (You can consider being the one who short sells the shares or the one who loans the shares for short selling.) Explain.
Clearly identify your examples from the podcast as it it relates to the course material. You may use any concepts that you have learned from the entire class.
Consider concepts such as supply and demand (shifts from factors the affect demand and supply), financial markets, or saving and investing.
Clearly relate the video clip to the concept that you selected.
You are required to write 8 sentences as your entry and you should have about 175 to 250 words. Proper spelling and grammar is required. The more details you include and the stronger your explanation, the more points you will receive.
Writing assignments are graded on a 10 point scale based on the rubric provided in the syllabus. Bonus points may be awarded for exemplary responses and participation.