Was the GameStop Phenomenon Just One Big Pump-and-Dump Scheme?

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Unless you’ve been out of the country or living in a cave, it’s been hard to escape the short-squeeze phenomenon that has played out on the U.S. public markets. The ongoing battle between hedge funds and the investors on the WallStreetBets subreddit has made headlines. For a select group of traders, it’s been a windfall. But wherever there are winners, there are also losers.

On this clip from Motley Fool Live recorded on Jan. 28, “The Wrap” host Jason Hall and Fool.com contributor Dan Caplinger discussed the ugly truth.

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