LogFAQs > #949997552

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Topic	You guys see what's going on with GameStop's stock?
CoolCly 01/27/21 9:09:36 PM #135:	LordoftheMorons posted... 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). This is like a transcript of the Citron video last week that explains why GME is a $20 stock and it's definitely going down and everyone is going to lose money, but never acknowledges the short interest that is causing this --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG <cite>CoolCly posted [p:949997552] in You guys s... [t:79253781]...</cite> <quote>LordoftheMorons posted... </cite> <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).</quote> This is like a transcript of the Citron video last week that explains why GME is a $20 stock and it's definitely going down and everyone is going to lose money, but never acknowledges the short interest that is causing this --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG</quote> ... Copied to Clipboard!
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