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How do we know that? Is it possible that substantially all the active funds with a thesis on AMC/GME got out, so now the price is driven by retail meme buyers w
by fshbbdssbbgdd 5y ago
How do we know that? Is it possible that substantially all the active funds with a thesis on AMC/GME got out, so now the price is driven by retail meme buyers who have no price target?
- Traster 5y agoHonestly, I feel that we're way past the point of productively engaging with the wallstreetbets crowd, the "Naked short squeeze" eternal narative is about as substantial as the people claiming Trump will be inaugurated again later this year. There's no evidence threshold that can be met - on an infinite timeline, the fact that these hedge funds haven't lost money is just more evidence of dirty tricks rather than the most likely scenario - they dumped the stock long ago, and either have a strategy to get back in or have a strategy to avoid being burned again.
- david927 5y agoHonestly, no one is asking you. They've done the DD. They like the stock. They're going to hold. I see a lot of people kicking and screaming. I have no stake in this but I'm enjoying it all the same.