3 ms·

Hasn't SI/Float been around there for more than a year? I'm not an expert on this. Source: https://www.ortex.com/symbol/nyse/gme/short_interest https://www.ort

by egwor 6y ago

Hasn't SI/Float been around there for more than a year? I'm not an expert on this. Source: https://www.ortex.com/symbol/nyse/gme/short_interest https://www.ortex.com/symbol/nyse/gme/short_interest

beagle3 6y ago
Seems like the 100% line was crossed in Jun 2019 - and it does indeed mean that going long since that point, at almost any price was fundamentally sound investment and not ponzi; It is a pyramid, but the base layer of “suckers”, those that end up taking the losses in a standard ponzi/pyramid are already determined ; they are the most finance literate people in the market, and they did it willingly. WSB is just adding layers in the middle which is rational. The short sellers knew their risks perfectly well and did it willingly. They just didn’t expect anyone will figure out how to take advantage of the setup they created.
- MrMan 6y ago
  Investment ? Not sure about that
  - beagle3 6y ago
    As much as that term can apply to buying stocks, it does. Whether buying stocks should be considered investment or gambling - is an entirely different distinction.