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Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous]https://www.reddit.com/r/wallstreetbets/comments/l9cz1k/for_everyone_that_just_joined_because_of_gme_and/ This is exactly why WSB is going to ruin a lot of individuals who get suckered into a ponzi scheme. Tiny disclaimer at the bottom does not absolve them of guilt. Regular people will go bankrupt listening to this. Meanwhile Melvin Capital will have a bad year, and then they will keep on managing a hedge fund until they retire.[/quote] And the other source keep saying that the hedge funds are going to profit. If the stock is artificially at $300+ and expected to fall, why wouldn't another hedge fund short sell as many shares they could find right now? To cover their losses, I would guess that the original short-sellers are already reselling their shorts to someone who wants to take the risk on the big $300+ -> $4 drop. [/quote]
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