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A comment on Ask HN: How is GME not a pump-and-dump?.

Re:Ask HN: How is GME not a pump-and-dump? by dev_tty01 on Friday January 29, 2021 @07:45AM (#25956672)
>> I don't think anyone at Wall Street is touching this stock right now.

Hmmm. Why wouldn't the hedge funds that are not short GME jump all over this? That is probably why it has gone so high. The quant programs detect the momentum and ride it up. The funds can trade so fast that they will exit before any of the RH traders.

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Re:Ask HN: How is GME not a pump-and-dump? by nursur2011 on Friday January 29, 2021 @05:20PM (#25963485)
Yeah, I have a hard time believing it's just small retail investors.
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