Re:GameStop Is Rage Against the Financial Machine
by donmcronald on Wednesday January 27, 2021 @06:24PM
(#25935594)
> As if a few hundreds worth of GME stock would matter to a billion dollar hedge fund.
In aggregate I’m sure the hedge funds will be happy to take that money. The thing to be concerned about is the sentiment of that Reddit poster. It’s not wrong and IMO it’s the reason you see such politicization in the West now.
The thing people are failing to understand is that throwing away your money or electing an incompetent leader isn’t “sticking it to the man”. It’s simply giving them more money or a broken system where it’s easier for the dishonest to thrive.
Re:GameStop Is Rage Against the Financial Machine
by rhodozelia on Wednesday January 27, 2021 @06:58PM
(#25935947)
Would you like to wager when GME will decline by selling short?
Re:GameStop Is Rage Against the Financial Machine
by throwaway4good on Thursday January 28, 2021 @01:13AM
(#25938820)
As someone suggested in this thread - selling a call with expiry in summer - that seem like a reasonable thing.
You can also go to 4chan where you can find selfproclaimed nazis who thinks they are fighting the jews on wall street.
It is all very idiotic.
As someone noticed elsewhere here on hn; regardless if it is a pump and dump manipulation or a short squeeze, GME will eventually come down. Maybe not in a week but surely in a year.