That's the irony, the hedge funds they were targeting, unless they were run by borderline imbeciles, increased their short bets. It's like WSB designed this att

That's the irony, the hedge funds they were targeting, unless they were run by borderline imbeciles, increased their short bets. It's like WSB designed this attack never having heard of short averaging. People will say that the hedge funds cheated somehow to come out whole, but the reality is that the attack was extremely poorly designed. (And that's being charitable and assuming that this was an attack and not simply an out and out pump and dump.)