4 ms·

I suspect you don't understand how large many of these funds are. This nonsense is not going to bankrupt these folks. Non-shorted hedge funds are going to use

I suspect you don't understand how large many of these funds are. This nonsense is not going to bankrupt these folks. Non-shorted hedge funds are going to use this event to extract more dollars from individual investors. Frankly, I wouldn't be surprised if the funds that were initially short have already reversed their positions and are now riding this momentum to the bank. They have much more information and much more trading speed.

brodouevencode 6y ago
> This nonsense is not going to bankrupt these folks. Non-shorted hedge funds are going to use this event to extract more dollars from individual investors And, probably worse, lobby the government for more regulation such that retail traders have even fewer levers to pull.
Miner49er 6y ago
This short squeeze is a stress test of the entire market. The reason that the brokerages stopped trading yesterday is because the clearinghouse (there's apparently only really one) are at risk of going under from this. If that happens it'll be a cascading failure and the whole market will crash. Source: The WeBull CEO in the first 7 minutes of this video explains all this: https://m.youtube.com/watch?v=MAqxQe0l4g0&feature=youtu.be https://m.youtube.com/watch?v=MAqxQe0l4g0&feature=youtu.be