Hedge fund believes gamestop gonna die. Bet so so big on it hoping no one would notice. Autists notice. Autists see that hedge fund has promises to buy an impossible large number of shares soon.
Autists sees opportunity. People who want to participate, only have to buy shares like a normal person. That's it.
In exchange for doing this, they'll cause an overextended hedge fund to implode into dust and entirely transfer the wealth they used to have to these plucky protagonists. Some may end up buying too high and selling too low; that's a risk they'll have to take. But no one is leaving until the overextended hedge fund is a desicated monument to cynical greed.
I feel stupid because I have no idea what is going on with this one. Can someone simplify this?
Hedge fund believes gamestop gonna die. Bet so so big on it hoping no one would notice. Autists notice. Autists see that hedge fund has promises to buy an impossible large number of shares soon.
Autists sees opportunity. People who want to participate, only have to buy shares like a normal person. That's it. In exchange for doing this, they'll cause an overextended hedge fund to implode into dust and entirely transfer the wealth they used to have to these plucky protagonists. Some may end up buying too high and selling too low; that's a risk they'll have to take. But no one is leaving until the overextended hedge fund is a desicated monument to cynical greed.