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A comment on Hedge fund Melvin sustains 53% loss after Reddit onslaught. Parent comment

Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by 0xy on Sunday January 31, 2021 @10:20PM (#25985159)
TSLA's valuation can only be described as extremely optimistic, hedging on "huge bubble" status. I don't think we've seen the brakes on the buy side at all, considering the buy side has been artificially constrained by limits and restrictions.

Is $2,000 GME possible? Of course it is. It's not even unprecedented considering the other businesses valued at billions of dollars with shaky business models.

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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by imtringued on Monday February 01, 2021 @03:58AM (#25986884)
>Is $2,000 GME possible? Of course it is.

It is very likely that it reaches this price during the short squeeze and crashes a day later.

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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by blackrock on Sunday January 31, 2021 @10:44PM (#25985300)
At $2000, GME can reinvent itself and become a software/hardware tech company.
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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by gruez on Sunday January 31, 2021 @11:42PM (#25985622)
...only if they issue shares, which would surely tank prices.
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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by adflux on Monday February 01, 2021 @03:19AM (#25986668)
As AMC wisely did in the past week. They are saved by this hype
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