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I still don't see the endgame here
Isn't everything done for the LOLz?
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In eventually selling to the hedge funds then it's the hedge funds that would be left with the stock (which is how they exit their short positions). So the price is sky high and the hedge funds have the stock.
Which, once the soap opera has played out, is worth a few $ a share again
I'm sure there will be a point where the price is beginning to plummet and many people that bought too late are left with a loss, but the majority of the losses would be with the short sellers and the majority of the wins with the early buyers
hippy
duncs
@Arducius
I still don't see the endgame here, you (collectively) bankrupt the hedge funds who shorted more than available stock to teach them a lesson then you start selling so you can see the actual profit in your actual bank account (because it's not worth shit until it's sold) and then because everyone does the same the price crashes and those who were late to sell end up getting screwed.
I just can't see it being the happy ending they all seem to think it is.
Really interesting to see it all play out though.