2 upvotes, 1 direct replies (showing 1)
Eh idk that they were super cocky, let’s be real, if WSB didn’t make a meme of GameStop I’d say it was a good decision to short. GameStop is a dead company and has been for a long time.
Whatever the mechanism is, whether it’s a buyout or the people just get brought into a bigger firm, everyone at Melvin will be fine.
Comment by crazydr13 at 27/01/2021 at 14:28 UTC
3 upvotes, 0 direct replies
I agree it was a no brained to short them when they were at $4 over the summer. But with each rise, they doubled down on their bet. Yeah, I agree with you on that too