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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by xiphias2 on Wednesday January 27, 2021 @12:03PM (#25930625)
Also with out if money call options you can have 5x leverage quite easily with limited downside, and that's what retail is doing on masse.

It's more fun than playing lottery for sure.

[ Parent | on HN ]
Re:GameStop Is Rage Against the Financial Machine by dannyw on Wednesday January 27, 2021 @12:07PM (#25930673)
Also with half of the market being passive, every $1 of active money is matched by $1 of passive money.
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Re:GameStop Is Rage Against the Financial Machine by tonfa on Wednesday January 27, 2021 @04:29PM (#25934222)
What does it mean? The passive ownership usually follows market cap, it doesn't need to buy because the share goes up, it was already owning the correct fraction (ok unless it suddenly enters the sp500 then it might move the price :))
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