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Topic	You guys see what's going on with GameStop's stock?
LordoftheMorons 01/27/21 8:26:11 PM #116:	red sox 777 posted... No one is forcing anyone to buy in and people have been very transparent about their thesis for this stock. All investments involve risk. By and large, GME shareholders have done very well and short sellers, mainly hedge funds, have lost something like $30 billion. Nobody's done well until they've cashed out Presumably everybody here acknowledges that a share of GME is not actually worth $350. It'll equilibrate around $20 or whatever it was before. As people sell off their stocks, the price will go way down, and any money that some people are making is going to be at the expense of others who bought/sold at worse times (and nowhere near all of those losses will be from the hedge funds). --- Congrats to azuarc, GotD2 Guru champ! <cite>LordoftheMorons posted [p:949996039] in You guys s... [t:79253781]...</cite> <quote>red sox 777 posted... </cite> <quote>No one is forcing anyone to buy in and people have been very transparent about their thesis for this stock. All investments involve risk. By and large, GME shareholders have done very well and short sellers, mainly hedge funds, have lost something like $30 billion.</quote>Nobody's done well until they've cashed out Presumably everybody here acknowledges that a share of GME is not actually worth $350. It'll equilibrate around $20 or whatever it was before. As people sell off their stocks, the price will go way down, and any money that some people are making is going to be at the expense of others who bought/sold at worse times (and nowhere near all of those losses will be from the hedge funds). --- Congrats to azuarc, GotD2 Guru champ!</quote> ... Copied to Clipboard!
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