Hedge funds made millions off this move by Robinhood. As soon as this information became known - and they would be the first to know about since they would've g

Hedge funds made millions off this move by Robinhood. As soon as this information became known - and they would be the first to know about since they would've game planned this out - they would've loaded up on put options and front-run retail investors who were getting stopped out of their position due to cascading liquidations. What a tremendous transfer of wealth from retail to institutions that we witnessed today. It's fairly interesting to see the cultural response to this, and it doesn't seem to divide down the usual left/right political lines which is a relief after years of constant fighting. I wonder if this might be a driver of more political harmony in the coming months. I also wonder how much of all this is due to a social media vacuum created by the end of Trump's tenure and his removal from social media. The timing of this GME episode lines up pretty well with that hypothesis.