38 upvotes, 2 direct replies (showing 2)
I look on various news sites and see articles that say the big hedge funds are going to come back and win against the little guys, but they all just seem like wishful thinking.
Want to know why those sites are pushing this narrative HARD?
The hedge fund fuckers are still so deep in the hole and have an enormous short position. like more than 100% of the floating shares on the market. If the price doesn't come down, they are so absolutely fucked that they might not even exist once the dust settles. So them and the outlets and other big fishes are kinda working hard to keep telling people that GME is gonna fall soon and someone is gonna left holding the bag and scare people into selling now.
Comment by seven0feleven at 27/01/2021 at 05:02 UTC
15 upvotes, 0 direct replies
big fishes are kinda working hard to keep telling people that GME is gonna fall soon and someone is gonna left holding the bag and scare people into selling now
They're technically not wrong. It's literally a guess - and when it happens, it'll happen FAST... like literally within a few hours.
Comment by The_Keg at 27/01/2021 at 06:55 UTC
6 upvotes, 1 direct replies
and what happens when GME cashes in and issue more shares?