it's not detached from reality at all, it's the fundamentals of how shorting a stock works.
a TON of people shorted gstop. When the price increased, they were forced to cover by their broker, which drove the price up further, which forced others to cover, etc. This happened to Volkswagen back in 2008.
now the whole system itself is detached from the physical reality of our planet, sure. But nothing about gamestop is detached from the reality of how the stock market works.
it's not detached from reality at all, it's the fundamentals of how shorting a stock works.
a TON of people shorted gstop. When the price increased, they were forced to cover by their broker, which drove the price up further, which forced others to cover, etc. This happened to Volkswagen back in 2008.
https://static.seekingalpha.com/uploads/2011/9/1/761622-131486118267016-Nicu-Mihalache_origin.png
now the whole system itself is detached from the physical reality of our planet, sure. But nothing about gamestop is detached from the reality of how the stock market works.