r/wallstreetbets caused two equity firms to lose close to $5,000,000,000 after the firms made heavy short positions on GameStop stock. The larger equity firm had to get an emergency $2 billion dollar cash injection today to stay afloat. Gotta love IRL shitposting. - The Donald

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r/wallstreetbets caused two equity firms to lose close to $5,000,000,000 after the firms made heavy short positions on GameStop stock. The larger equity firm had to get an emergency $2 billion dollar cash injection today to stay afloat. Gotta love IRL shitposting. (media.patriots.win)

posted 78 days ago by BidenSniffsLittleKid 78 days ago by BidenSniffsLittleKid +351 / -0

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– mintscape 5 points 78 days ago +5 / -0

I would not risk a short position on this stock, the activism is aimed at punishing short sellers after all, it could go to $500 at least if the hedge funds are forced to cover.

Sure this is going to tank, that is obvious but the short interest is still over 100% of the float, I think 130% right now.

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▲ 6 ▼

– FastnFurious 6 points 78 days ago +6 / -0

Agree. This is out of my league. I’m happy to see these Biden loving NY Liberals get fucked.

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