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I'm going to respond because the conceit bears it. The people participating in perhaps this first known popular short squeeze have skin in the game. They don't
by motohagiography 6y ago
I'm going to respond because the conceit bears it. The people participating in perhaps this first known popular short squeeze have skin in the game. They don't care if they lose their bets.
As they say, we've seen who you cheer for, your disapproval means nothing.
- Bakary 6y agoAs someone with no skin in the game, I find the whole situation both amusing and satisfying. I'm genuinely happy for all the WSB users who can now retire. At the same time, it's still just people getting lucky/unlucky in the stock market. One Wall Street group got burned, but others made bank. At no point did the system change or become threatened in any way. Given all that, I don't understand why it is portrayed as some sort of heroic fight between good and evil.