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A comment on Ask HN: How is GME not a pump-and-dump?. Parent comment
They usually profit from switching side quickly or making informed bets you can’t easily make - like shorting stocks.
Except, they dug too deep this time. We’re seeing another LTCM meltdown in process, albeit smaller and so far more contained.
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They usually profit from switching side quickly or making informed bets you can’t easily make - like shorting stocks.
Except, they dug too deep this time. We’re seeing another LTCM meltdown in process, albeit smaller and so far more contained.