Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
by lasftew on Wednesday February 03, 2021 @03:36PM
(#26018773)
Money was made by fools at the expense of greater fools. Short-term trading is a zero-sum game, always has been, always will be.
Except for the HFT firms and market makers, who basically own the Robinhood flow and who thrive in foolish volatility. Guess who's paying so that r/WSB bros pay zero commisions? It's not the Red Cross.
Except for the HFT firms and market makers, who basically own the Robinhood flow and who thrive in foolish volatility. Guess who's paying so that r/WSB bros pay zero commisions? It's not the Red Cross.