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re: What’s the end game on these Reddit/WSB pumps?
Posted on 1/27/21 at 2:13 pm to Huge Richard
Posted on 1/27/21 at 2:13 pm to Huge Richard
quote:
So it’s a pump and dump scheme?
No it is meant to frick over hedge fund manages who got greedy shorting GME. They could have bought their shorted stocks and made a ton but they got greedy and wanted to force GME out of business before buying back stack and making even MORE money.
The autists said frick you and now we are going to cost you $20 billion in your greedy shorting activities.
As a biproduct, yes some people are making huge bank but in the end the vast majority will essentially be taking a loss just to show wall street that the retail investors can play the game too.
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