By Friday a meme subreddit is literally going to have ran a 13 billion $ hedge fund into the ground. This is just an incredible 2021 event
Like Melvin would need a magician to turn this around. Options expire Friday and they're gonna be paying out billions. WAy more than they could be bailed out for. Nature is healing.
So interesting the sentiment is this isn't over. There's still such a strong motion to hold until large shareholders are forced to throw in the towel
The idea is everyone wins, they all sell to the 1% at the peak when they are forced to liquidate. It could get better lmfao
The idea is everyone wins, they all sell to the 1% at the peak when they are forced to liquidate. It could get better lmfao
If you're interested in specifics this is a good thread. Although only makes sense if you kinda know how robinhood and options operate. https://twitter.com/toxic/status/1353890766800621569?s=19