Smaller investors have been winning in the battle with Wall Street over GameStop, according to a financial analyst. “The generic backdrop to all this is kind of a little guy against the big [Wall] Street firms. And, in this case, the little guy has been winning,” analyst Jeff Carlson told The Epoch Times’ “American Thought Leaders.” “This is a very unique situation unlike anything I’ve seen before, at least of this magnitude, and it is kind of David versus Goliath. There’s a lot of people cheering for the retail investor and you’re clearly seeing these large investors a bit back on the ropes,” he added. So-called retail investors began pouring money into GameStop, a struggling video game company, earlier this month after learning hedge funds had bet on its demise. The purchasing, orchestrated on Reddit’s WallStreetBets, sent the stock from $17 to as high as $347, devastating at least one of …
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