Re:How r/WallStreetBets gamed the stock of GameStop
by babyshake on Wednesday January 27, 2021 @12:49PM
(#25931318)
Are we totally sure there isn't an element of astroturfing?
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Re:How r/WallStreetBets gamed the stock of GameStop
by dhbanes on Wednesday January 27, 2021 @12:53PM
(#25931368)
Short sellers participate in this all the time.
Re:How r/WallStreetBets gamed the stock of GameStop
by drawkbox on Wednesday January 27, 2021 @12:58PM
(#25931439)
Indeed. Hedge funds by nature skim from volatility. When they hold short positions they have "partners" that short and distort.
Everything is astroturfing/selling pretty much nowadays.
Social media is not reality, though astroturfing/distorting can become reality for better or for worse, depends on your position/tribe. What is on the surface is rarely what is the driving force underneath.