If youβre looking for an entertaining investing movie, Dumb Money is a great watch. It covers the GameStop short squeeze we saw a couple of years ago during the meme stock craze. Itβs funny, well ...
"Meme stock" is a diissive term invented by the shorties. You should avoid using it to describe $GME. It gives the impression it was all 4tehmemz, however it is a real situation that is still unfolding.
Just you wait and see. Patience is essential here. With legacy short positions being wrapped in equity swaps, the real short interest is hidden from the public. Also, did you perhaps notice how all these REG SHO laws keep getting postponed? Woopsie. Funny how that happens right? Its almost as if enforcing short position disclosure is a risk to society. Wonder why? It couldn't be that the hedgies have fucked themselves and gambled society on GameStop failing now, could it? SHOCKER.
Just you wait and see. Patience is essential here. With legacy short positions being wrapped in equity swaps, the real short interest is hidden from the public. Also, did you perhaps notice how all these REG SHO laws keep getting postponed? Woopsie. Funny how that happens right? Its almost as if enforcing short position disclosure is a risk to society. Wonder why? It couldn't be that the hedgies have fucked themselves and gambled society on GameStop failing now, could it? SHOCKER.
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