Bruh, lets be honest its GameStop. That company IS going the way of blockbuster. "pure gambling" is a stretch everyone can read the tea leaves here. Honestly pre-covid when was the last time you went into a GameStop and saw more than two other people.

Sounds like you're agreeing with me? Not sure what your point is. Obviously these trades are not based on any sort of fundamental analysis.

Wall street made a bet and now retailers are getting tagged as bad actors for taking the other side.

But it doesn't have to go the way of blockbuster, it appointed 3 new directors to its board with e-commerce and tech experience. It seems to be looking to transition to an e-commerce platform.

Its going bankrupt in the medium term if nothing changes, but that ratio of shorts would only make sense if it was going bankrupt in a quarter or two, where Gamestop actually rallied on revenue with the release of the new console generation.

never been to game stop, but there is one next to my supermarket. I see almost always 2-3 groups of people in there, never empty. Germany though.

It's mostly just one hedge fund. It would be an overgeneralization to call all hedge fund clowns...

Similar to calling all retail investors amateurs.

I didn't but a large portion of retail investors are likely amateurs.

Oh I know you didn't I was just pointing out the parallel to the point being made. :) Similarly the majority of people trading options are gamblers.

"These clowns" e.g. Citron and Melvin Capital. I know.