2 ms·
A handful of speculators were hurt. Now the WSB crowd is facing a large loss -- and guess who they are losing all that money to? You can bet that hedge funds
by betterunix2 6y ago
A handful of speculators were hurt. Now the WSB crowd is facing a large loss -- and guess who they are losing all that money to? You can bet that hedge funds with "dry powder" jumped on the opportunity to take short positions on GME as they watched the price and implied volatility balloon. All the people buying options and buying the underlying stock -- who do you think they were buying from?
- WorldMaker 6y agoWhich is why the squeeze will be fascinating if a high percentage of the WSB crowd really are going long.