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They can cover their initial capital outlay pretty easily by selling a small number of shares on the way up.
by mrkstu 6y ago
They can cover their initial capital outlay pretty easily by selling a small number of shares on the way up.
- bilbo0s 6y agoSo mathematically, this is a pyramid scheme for the redditors. The people that buy at the inflated price fund the people who bought before them. The hope being that hedge funds will buy at the inflated price. I also had a horrible thought, what if someone came in and bought short positions at inflated prices with his lunchbox money instead? Then that person is trying to wait out the redditors. Wow. So many angles. Too rich for my blood.