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The price of GME and AMC are not justified by fundamentals at this point but thats irrelevant, it’s the desire to squeeze out the hedgegfunds who never covered
by tartoran 5y ago
The price of GME and AMC are not justified by fundamentals at this point but thats irrelevant, it’s the desire to squeeze out the hedgegfunds who never covered their shorts that’s at stake here. Thats what is attractive about it and that is what has people buy these stocks and hold. Shortsellers meanwhile had large losses and continue to lose on a regular basis. They may be up to something..