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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 ketamine__ on Thursday January 28, 2021 @10:37AM (#25943463)
> Ultimately, a few medium-sized hedge funds were caught doing something stupid

Shorting a company that sells a physical product in malls during a pandemic is stupid? It seems their intuition is correct but there was a black swan event.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by mcguire on Thursday January 28, 2021 @11:15AM (#25944167)
Shorting a company to the extent that you have enough leverage to go bankrupt? Not the brightest move. Shorting it so that you may not be physically able to satisfy the sales? That's window-licking territory.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by mattkrause on Thursday January 28, 2021 @10:46AM (#25943642)
Like everything, it’s a matter of degree.

Would I start a company to sell physical video games, in malls, in a pandemic? Hell no.

Would I short it to the extent that it the shares become ‘rare’ enough to induce a lot of demand? Also, hell no.

Both extremes are....not clever.

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