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>The expectation is that investment is done to derive ownership of something with actual value. Since this started with a hedge fund shorting 140% of a company
by ameister14 6y ago
>The expectation is that investment is done to derive ownership of something with actual value.
Since this started with a hedge fund shorting 140% of a company, I tend to disagree.
- throw0101a 6y agoThis! I don't know why the story is with Reddit/WSB. What kind of incompetent fools are these "professionals" that their risk departments didn't flag this? And if it was flagged: who allowed the over ride and allowed it to go through? The fact that the rest of the market (Reddit/WSB or anyone) caught these funds with their pants down simply shows that The Market® works: a short squeeze is simply a reaction to too much demand and not enough supply.
- deleted 6y ago[deleted]