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In reply to the discussion: "The Squeeze of a Lifetime" or The GameStop stock frenzy, explained. Vox [View all]Fiendish Thingy
(15,371 posts)2. As much as I like to see hedge fund guys get burned, this could go south in a bad way
As more folks jump on the bandwagon with different stocks (now AMC, whos next?), if enough short positions are called at once, market liquidity will freeze, bringing everything down, just like 2008.
It was fun while it lasted, hope folks come to their senses quickly, otherwise the burned big boys will call in favours at the FEC to go after the Reddit kids...
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"The Squeeze of a Lifetime" or The GameStop stock frenzy, explained. Vox [View all]
sagesnow
Jan 2021
OP
As much as I like to see hedge fund guys get burned, this could go south in a bad way
Fiendish Thingy
Jan 2021
#2
The irony of it all is that the people that began it are masquerading like they are "Robin Hood"
TheRealNorth
Jan 2021
#7
I believe that so many of the Independent Redditt traders bought so many put options that
sagesnow
Jan 2021
#12
Yep. The hedge fund guys got out-hustled by a subreddit thread, and now they're all butthurt.
Volaris
Jan 2021
#10
That's it - Wall Street and investment banks have been fucking this country for decades . . . .
hatrack
Jan 2021
#18
This is the overall problem with the stock market and the way companies are managed
Buckeyeblue
Jan 2021
#19