My partner and I were so entertained by reading WSB last night we bought a share at $350.

I don’t particularly care if it goes to $10 tomorrow. I don’t expect to make money here. It’ll be fun to watch for a few days, maybe weeks.

We just felt a lot of solidarity with the sentiment over there, and are happy to make a small contribution to the squeeze.

It feels kind of like contributing to a Kickstarter with low chance of success.

But you know, there’s a nonzero chance it goes to $1000 before the shorts can wiggle out. That’s what makes it exciting.

In general, since watching what they did to Tesla I have no sympathy for shorts.

Is that any different to taking a day off work to go to a protest? Both situations have you losing money in order to bring issues to light. Same with union workers going on strike.

Except if I were to protest it is focused on that one employer / hits them.

Meanwhile this financial system is hardly just a monolithic monster and plenty of big institutions will make money too.

I think the populist ideas / results around this are all weirdly misguided.

Citron mainly is one focus for sure. I'm sure someone knows why Melvin Capital is targeted.

Yes, because here they not only lose money, but also all the money they lose is gained by the exact thing they protest against. It’s as if they went to protest Amazon by working at their warehouse for free.

Yes, it's different insofar as the money you're losing in this protest is going directly into the pockets of the group of people you're protesting against. Very illogical way to protest.

Not sure I understand the metaphor, but I think so. Here's a good intro to the mythology.

https://www.youtube.com/watch?app=desktop&v=AsTCB0ud2zM