Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
by PragmaticPulp on Wednesday February 03, 2021 @01:06PM
(#26016846)
It’s already turning into a conspiracy theory. The popular narrative is that GME would have continued going up, but RobinHood colluded with hedge funds to stop it. It doesn’t make any sense and ignores the incentives that RobinHood had to continue allowing people to buy.
However, when to they’ve become completely invested (some times literally) in the narrative that GME was going to make them all rich while the hedge funds went bankrupt, it’s difficult to admit that they were wrong.
However, when to they’ve become completely invested (some times literally) in the narrative that GME was going to make them all rich while the hedge funds went bankrupt, it’s difficult to admit that they were wrong.