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TopicYou guys see what's going on with GameStop's stock?
LordoftheMorons
01/27/21 9:43:47 PM
#146:


foolm0r0n posted...
To put it simply: Stocks are a zero sum game, so investors can typically only win by hurting other investors. In this case, the ones getting hurt are heavily weighted towards the shorters. Every $ a shorter loses is one that an investor can take as profit without hurting other investors.

So investors only start losing after all short $s are extracted. And that's a lot of fucking $s.
I think you're vastly overestimating the fraction of shares being bought by hedge funds after how much this exploded.

I'm not contesting that there will be some net transfer from hedge funds to people on the wsb train. There's also going to be a huge transfer from wsb people who bought/sold late to people who bought/sold early.

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Congrats to azuarc, GotD2 Guru champ!
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