Thursday, February 04, 2021 6:06:49 PM
no, this happened because a group of reddit EARLY buyers in gme conspired to create a short squeeze to stick it hedge funds. they played with fire, and a ton of peole burned. that is what happened. it is not the fault of the hedgies or the brokers. all the anger is misdirected. folks should be angry with the pump and dumpers and themselves for falling for it. period. i can't stand hedge funds, but i call a spade a spade when i see it. and, the whining reddit sheeple have nobody to blame but themselves for falling for the destined for overall failure of the wallstreetbets head honchos to overthrow the hedge funds. the small guy cannot compete with all of wall street. and they stick together, because when one of their kind is threatened, then entire institution of wall street is threatened. and ultimately, that impacts us too, because our financial markets are a huge part of many people's livilihoods and retirement. so, maybe the small guy should think twice before trying this type of crap again. you don't bite the hand that feeds you.
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