Nah, truth is the Gamestop fiasco wreaked of bullshit from the beginning. It may have started out as a short squeeze but now its evolved into the squeezers fucking each other over after Wall St. froze trading to let the Hedgers bail.
At this point the Hedge Funds are shorting the stock all the way back down in order to recoup their losses and when the dust has settled, they will be even richer.
Nah, truth is the Gamestop fiasco wreaked of bullshit from the beginning. It may have started out as a short squeeze but now its evolved into the squeezers fucking each other over after Wall St. froze trading to let the Hedgers bail.
Yup. Buy the rumor sell the news. Its like people forgot about the basics. Gamestonk.
It's probably worse than that.
At this point the Hedge Funds are shorting the stock all the way back down in order to recoup their losses and when the dust has settled, they will be even richer.