REDDIT KILLED A HEDGE FUND
I TAKE BACK SOME OF THE THINGS I'VE SAID
I TAKE BACK SOME OF THE THINGS I'VE SAID
MOVED
@Moon what happened? why is reddit involved?
@methyltheobromine @Moon wallstreetbets did a short squeeze in $GME, melvin did bet like a shitton of money that gamestop stocks will go down, redditors made it skyrocket
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@jeder @methyltheobromine @Moon
And since the shorting is based on getting a "loan" of shares to sell, the buyback difference can go up to infinity, meaning the reddit guys are sucking up dem billionaires money.
