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  1. Abhorsen

    Business & Finance The GameStop Short Stock Sensation

    Because outside of a short squeeze, the chances of this working are unlikely, and in the future, hedge funds will hedge against this as well by buying insurance against this.
  2. Abhorsen

    Business & Finance The GameStop Short Stock Sensation

    Selling the stock means that you've gotten rid of risk and turned it into something safe (cash). Buying stock is what is risky. It's sold to someone off of Robinhood. Robinhood isn't some closed loop where sales only happen inside robinhood. As a matter of fact, Robinhood wouldn't work if it...
  3. Abhorsen

    Business & Finance The GameStop Short Stock Sensation

    Gamestop is crap, yes, and usually isn't worth that much. But this isn't about Gamestop, so much as overleveraged hedge funds, who got slapped for being overleveraged. After a while, gamestop will go back to a normal price (definitely above $3-4/share), and then go back to its slow decline, as...
  4. Abhorsen

    Business & Finance The GameStop Short Stock Sensation

    Am I alone in thinking this is all fine? This is the market working as it's supposed to. Someone was overleveraged (i.e. doing stupid stuff), someone noticed it and exploited that to make money, and balance was restored to the Market. It's clearly an example of the market self correcting that...
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