Amid the Wall Street drama surrounding GameStop and Robinhood, some investors in the GameStop short sale are using their proceeds to do good deeds for others.
One investor, who wished to remain anonymous, on Thursday delivered 10 Nintendo switches purchased from GameStop locations in the Dallas-Fort Worth area.
The investor said GME profits made his efforts possible.
Wall Street was plagued this week by an organized campaign by small investors to tackle large hedge funds by chasing shares of GameStop and other struggling retailers in Grapevine.
The campaign started on Reddit and other discussion boards when small investors encouraged each other to buy GameStop shares, forcing the larger players such as hedge funds to cover their bets by buying the share, which further increased the price.
The anonymous investor who donated the Nintendo Switches said they earned a good amount through r / WallStreetBets for this hilarious GME trade “and feel inspired to give back” in an equally hilarious way. ”
The investor said they hope to persuade others of the Reddit forum r / WallStreetBets to give back in a similar way and turn the GameStop short sale into a force forever.