THREAD RE: #GameStop. When a hedge fund shorts a stock, especially at over 100%, it is making a bet the company will fail. This bet actually contributes to the bankruptcy of the company. So it seems totally fair if a group of people want the stock to go up, even if that means ...

bankrupting the hedge fund. The Redditors are only doing to the hedge fund what the hedge fund wants to do to Gamestop! Shorting at 140% is a huge risk, and now the hedge funds are experiencing the accompanying huge loss. The saying never invest more than you're willing to lose

applies here. I don't celebrate anyone losing vast sums of money, although I totally get why some find it funny. I just don't have much patience for the conviently timed calls for regulation now that they are beaten at their own game. ...

Everyone is acting to create personal profit for themselves at the expense of those who hold the opposite stock position. Melvin Capital could have pulled out way earlier, but it bet (wrongly) that the Redditors would run out of money/energy.

What's good for the goose is good for the gender. Everyone should play by the same rules, and restricting the ability of people to buy Gamestop, while only allowing (or forcing) them to sell is deeply anticompetitive and should be looked into.

Anyways, just thought I would add my 2 cents to an already saturated debate. I'm by no means an expert in any of this, these are just my cursory observations of the discourse, but I'm willing to be corrected by more financially literate folks @philllosoraptor