Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
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Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
🚀🚀🚀🚀
This isn't "praxis." It is a squeeze on hedge funds that over-extended their short position.
The only praxis that's going to come out of this is the radicalization of a lot of folks when the SEC or other large entity fucks everybody out of millions of dollars. Already happening, we just gotta keep talking to them and keep exposing the contradictions.
Yeah, this is how this event is useful. We likely won't ever see anything like this for a long time, if ever. It's not a tactic you can replicate. And honestly, it's gotten more people in my life to admit that the system actually might be fundamentally broken in a way that can't be repaired than anything has for a while. All the chuds in my extended family also want the hedge funds to burn. I honestly wish Bernie were an actual socialist, because he should be kicking up a fucking storm in the media because of how much this highlights so many of the contradictions of capitalism.