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This is all presuming your average retail investor doesn't get cold feet and drop out. This is, unfortunately, going to be a situation where the sophisticated
by dclowd9901 6y ago
This is all presuming your average retail investor doesn't get cold feet and drop out.
This is, unfortunately, going to be a situation where the sophisticated investors win out, and the people they cajoled into buying stocks will be left holding the bag. Gamestop could not reorganize quickly enough to assure investors that they actually have the ability to capitalize on this influx of investment, especially not with a historically terrible business performance.