Re:GameStop: Anger as trading in GameStop shares is restricted
by gruez on Thursday January 28, 2021 @12:09PM
(#25944982)
> Does it matter that your're underwater by 50%? The goal was to beat Wallstreet, They did.
1. If you end up losing money in the end, I'd hardly call that "beating".
2. "wall st" isn't a single entity. The hedge funds shorting GME might have lost money, but there's plenty of companies that made money on the side, eg. the asset management firm that unloaded their GME shares.
1. If you end up losing money in the end, I'd hardly call that "beating".
2. "wall st" isn't a single entity. The hedge funds shorting GME might have lost money, but there's plenty of companies that made money on the side, eg. the asset management firm that unloaded their GME shares.