Hedgies shorted $GME to 140% of float.
Brokers, American media, backed hedgies to let hedgies dump $GME from $300 to $30.
Short squeeze failed. Hedgies didn't lose bigly. Probably didn't lose any money at all. Squeeze was backed by someone moving 1000s of shares, it ain't just redditors doing the squeeze, other hedgies, Wall St investors made it possible.
People now have poor opinions of hedgies.
How will the hedgies ever recover.
Wall Street is finished. America is dead!
Hedgies shorted $GME to 140% of float.
Brokers, American media, backed hedgies to drive down $GME from $300 to $30.
Short squeeze failed. Hedgies didn't lose any money.
People now have poor opinions of hedgies.
How will the hedgies ever recover.
Wall Street is finished. America is dead!