Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught
by emanuelsaringan on Sunday January 31, 2021 @08:36PM
(#25984612)
This is just circular reasoning. More shorting -> fuels retail traders buying -> leads to more shorting -> leads to more buying.
This can go on until GME becomes part of S&P 500. At this point WSB doesn't even need to do anything because pension funds, and other institutional investors etc. will end up buying GME.
This can go on until GME becomes part of S&P 500. At this point WSB doesn't even need to do anything because pension funds, and other institutional investors etc. will end up buying GME.