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Out of context: Reply #238

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  • NBQ001

    Holy shit. GME goes from $11’ish in October to $350’ish now. What a squeeze. Another stock that shows how these price surges make no sense. But surely there will be tears soon?

    NBQ00 1Permalink
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    • Short Sellers Lose $5.05 Billion in Bet Against GameStop.utopian
    • Hedge funds who short or bet against companies in a eternal bull market deserve to lose everything and go bust.NBQ00
    • Hedgefunds who act as market makers and essentially counterfeit stock by going naked short to 140% of available float deserve everything that's coming to them.monNom
    • Well the price surge does make sense. Michael Burry bought in at end of last year, this caused plenty of robin hood reddit geeks to buy in.shapesalad
    • This accelerated as the story spread, and redditors hyped it further knowing hedge funds taking the short side were being squeezed.shapesalad
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