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You better believe it. The board has 2.5 million users, many of them piling into the same stock. They get huge leverage and are ready to gamble hard, often blow
by incrudible 6y ago
You better believe it. The board has 2.5 million users, many of them piling into the same stock. They get huge leverage and are ready to gamble hard, often blowing up in the process, but as they say: YOLO.
A professional trader on the other hand may have more money to trade with, but will not risk their career by making dumb overleveraged bets on a single stock.
- Fabricio20 6y agoExcept the professional traders decided to short a stock over 100% and got caught doing so by the private "retards".
- incrudible 6y agoOne hedge fund making such a bet does not reflect the entirety of the profession. My point is that the money these retail investors control due to leverage, recklessness and sheer numbers makes up for the higher AUM of professionals. The story isn't over yet anyway, unlike with TSLA, literally nothing about GME justifies its current price. It remains to be seen how many of those "retards" are willing to YOLO away their money "for the lulz" and who is going to take their profits.