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Exactly. Just take a look at the shareholders and count how many shares those institutional have: https://money.cnn.com/quote/shareholders/shareholders.html?sy
by TheAlchemist 6y ago
Exactly.
Just take a look at the shareholders and count how many shares those institutional have:
https://money.cnn.com/quote/shareholders/shareholders.html?symb=GME&subView=institutional https://money.cnn.com/quote/shareholders/shareholders.html?s...
It's Wall Street vs Wall Street - redditors were just the catalyst, and will be left holding the bag.
- ignoramous 6y agoWhat's surprising is all the concern for redditors here and elsewhere; whilst the overwhelming vibe from r/wsb is this meme resulting in squeeze is strictly personal and not at all business for most that are holding on. The rest (presumably greedy) are either making money or losing money because they're either riding up with the market or down. That's a feature of the zero-sum game that the financial system has been reduced to both the benefit and the detriment of the greed that's on all sides of the table.
- hobs 6y agoBecause the vibe you would want to make for a pump and dump scheme is an emotional hold it forever mindset. There's no distinction between the two, if you have that mindset you will be left holding the bag even if you think you won.
- deleted 6y ago[deleted]