Re:Young Koreans are echoing r/WallStreetBets in their war a...
by notyourday on Wednesday March 03, 2021 @11:22AM
(#26330507)
> How have short sellers been ripping off regular investors?
Not short sellers. The set of people who have been ripping off regular investors happen to encompass the majority of short sellers. Think the organized pump and dump that happen on CNBC every day. Those are the real target of the retail rage. They just can't articulate it well and since short sellers bet against the typical retail bet and since most of short sellers are the members of the 'special rules for us' group, short sellers are the target.
Not short sellers. The set of people who have been ripping off regular investors happen to encompass the majority of short sellers. Think the organized pump and dump that happen on CNBC every day. Those are the real target of the retail rage. They just can't articulate it well and since short sellers bet against the typical retail bet and since most of short sellers are the members of the 'special rules for us' group, short sellers are the target.
P.S. I'm short GME.