4 ms·
Maybe it's a good time to stop calling them investors and instead call them speculators. They're not investing in anything, their money doesn't contribute to a
by dingaling 6y ago
Maybe it's a good time to stop calling them investors and instead call them speculators.
They're not investing in anything, their money doesn't contribute to any form of progress.
- llampx 6y agoWelcome to the stock market
- elihu 6y agoI assume Gamestop the company (and all the people they employ) are better off than they were a week ago. Maybe there won't be many lasting positive effects from having their stock briefly worth a lot more than it rationally should, but on the other hand you could make a reasonable case that they have been significantly harmed by short sellers, and that if a bunch of hedge funds lost their shirts because of their short positions they'll be more careful about shorting Gamestop or any other company in the future. Maybe that's a good thing.