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One 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, re
by incrudible 6y ago
One 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.