Huge hedge fund shorts a stock by 140%. Reddit and 4chan investor subs notice that the hedge fund is out over their skis and starts buying the stock. This forces the hedge fund to cover their leveraged bet at new price. Hedge fund literally looses billions $.
Its the little retail investor vs the giant Wallstreet hedge fund managers and the little guy was winning. Now it looks like the media government and big corps might effectively shut down action. Like the election the swamp, deep state, and wallstreet don’t actually like competition.Rules for thee but not for me type of situation.
Huge hedge fund shorts a stock by 140%. Reddit and 4chan investor subs notice that the hedge fund is out over their skis and starts buying the stock. This forces the hedge fund to cover their leveraged bet at new price. Hedge fund literally looses billions $.
Its the little retail investor vs the giant Wallstreet hedge fund managers and the little guy was winning. Now it looks like the media government and big corps might effectively shut down action. Like the election the swamp, deep state, and wallstreet don’t actually like competition.Rules for thee but not for me type of situation.