Like, maybe some failson at a hedge fund will take the fall for this and get hired in the same position somewhere else within a month, but the people who are going to get hurt the most are the poor people who come in last minute, think they're making a safe bet with their meager savings during a fucking depression, and get burned big time

  • TheBroodian [none/use name]
    ·
    4 years ago

    Y'all realize who's going to get hurt by literally any and all activities within the capitalist framework right?

    • Lovely_sombrero [he/him]
      ·
      4 years ago

      There is a change that the hedge funds actually are the ones that get hurt. It looks like they did some naked short selling, since over 130% of the stock is shorted. And they might just buy out the short squeeze, buying the stocks that the retail investors hold.