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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 polote on Wednesday January 27, 2021 @04:37PM (#25934334)
> Reddit traders that are making a killing right now

How can you know that ? Some of them are making a killing, but how can you be sure it is the majority of them ?

It is easy to say that some hedge founds made bad bet, but I strongly think that some other hedge founds were winners. These people are professionals at making money from such events !

[ Parent | on HN ]
Re:GameStop Is Rage Against the Financial Machine by ric2b on Friday January 29, 2021 @08:10AM (#25956862)
> Some of them are making a killing, but how can you be sure it is the majority of them ?

Because they're mostly opening long positions (buying and holding the stock) and the price is way up?

[ Parent | on HN ]