4 ms·
No and yes. GME was overpriced for a bit, but I think that was just a natural consequence of the shorts getting too greedy and putting themselves into an unten
by elihu 2y ago
No and yes.
GME was overpriced for a bit, but I think that was just a natural consequence of the shorts getting too greedy and putting themselves into an untenable position.
Basically, the shorts told the market "please take all my money away" and the market said "okay, no problem".