LogFAQs > #950166217

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Topic	Investor will NEVER SHORT SELL again after losing 19 BILLION on GAMESTOP!!!
JOExHIGASHI 02/01/21 4:24:36 PM #9:	DragonClaw01 posted... Well I mostly blame low interest rates. Because interest rates are so low things like bonds and savings accounts are effectively worthless, so it almost feels like you have no choice to invest in the market if you want any return and hence why you see all these gimicky plays like having over one hundred percent shorts on gamestop. Too much money no where to put it. Although given US debt levels, probably best to have low interest rates, thankfully inflation isn't a issue. There are other things to buy or even short than to be over 100% short gme. If it wasn't redditors doing this it would be some other investment firm. --- Next Xbox will be named Xbox1 2 <cite>JOExHIGASHI posted [p:950166217] in Investor w... [t:79270896]...</cite> <quote>DragonClaw01 posted... </cite> <quote>Well I mostly blame low interest rates. Because interest rates are so low things like bonds and savings accounts are effectively worthless, so it almost feels like you have no choice to invest in the market if you want any return and hence why you see all these gimicky plays like having over one hundred percent shorts on gamestop. Too much money no where to put it. Although given US debt levels, probably best to have low interest rates, thankfully inflation isn't a issue.</quote>There are other things to buy or even short than to be over 100% short gme. If it wasn't redditors doing this it would be some other investment firm. --- Next Xbox will be named Xbox1 2</quote> ... Copied to Clipboard!
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