4 ms·
No because instead of counting their money after shorting they were greedy and shorted again and again which led to a ridiculous amount of shorts (140% of share
by fileeditview 6y ago
No because instead of counting their money after shorting they were greedy and shorted again and again which led to a ridiculous amount of shorts (140% of shares).
As we can see now this was not only foolish but self-destructive. The only scenario where I see this paying off is when GameStop went bankrupt and there was no sign for this at all.
People love when greed gets punished and this is what we are seeing here.