Re:u/DeepFuckingValue and the GameStop Reddit mania
by yreg on Friday January 29, 2021 @06:22PM
(#25964165)
Why do you think a crash of GME would cause a full blown crash of the stock market?
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Re:u/DeepFuckingValue and the GameStop Reddit mania
by tinyhouse on Friday January 29, 2021 @06:32PM
(#25964265)
I don't think that.
Re:u/DeepFuckingValue and the GameStop Reddit mania
by yreg on Friday January 29, 2021 @07:11PM
(#25964599)
You replied to a comment discussing making use of GME as an insurance against a market crash related to this possible short squeeze.
If the market doesn't crash then GME can go to $0, as it won't be needed for the insurance purpose anymore.