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While the business dying means maximum profit for the shorters, the act of shorting isn't killing the business in any way; the price of shares does not affect t
by PeterisP 6y ago
While the business dying means maximum profit for the shorters, the act of shorting isn't killing the business in any way; the price of shares does not affect the revenues of GME nor their workers jobs, it has some impact on the bonuses of the top managers and that's it.
The shorters are predicting that the business will fail (and hoping for their predictions to come true), but they aren't causing the failure, so it's misleading to say that they are trying to kill the business as long as the only thing they're doing is shorting the stock. There's a very big gap between hoping that a rich uncle dies because you'd get some inheritance and actually trying to kill him.