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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment

Re:WallStreetBets vs WallStreet: It's not about the money an... by itake on Thursday January 28, 2021 @09:56AM (#25942649)
My understanding is retail investors are buying stock now at $200/share, with the expectation that institutional players will be forced to buy it back at +$200/share to cover their shorts.

This will leave the original holders of the shares (the ppl the shorters borrow the money from) with a stock worth less than $200, but maybe more than their original purchase.

If the retail investors don't "get out", then definitely a few will be caught with the bag, but I think its mostly going to be institutional investors paying crazy prices for this stock.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by dragontamer on Thursday January 28, 2021 @09:58AM (#25942675)
Current price is $400 actually. Seems to be a very fast moving stock however, it probably will be dramatically different in price by the time someone reads my post.
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