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In reply to the discussion: "The Squeeze of a Lifetime" or The GameStop stock frenzy, explained. Vox [View all]MissMillie
(38,553 posts)26. This short-sell stuff is part of the 2008 market crash
And the hedge fund operators are a-OK with manipulating the markets in their own favor, regardless of who else gets hurt.
This time they got their asses handed to them. And unfortunately, they probably WILL get a bail-out.
The sad part is that the day traders now own a bunch of artificially inflated stock, and they're going to end up losing, and there will be no bail-out for them.
But you'll notice that all of a sudden, the hedge fund guys are open to some sort of regulation. Apparently what's good for the goose is not good for the gander.
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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