I'm not sure that a short squeeze would be structurally possible without the big buy side institutions like BlackRock having a piece of the pie, as they're the ones lending securities to the hedge funds.
Exactly. It's still greed, but at least they're profiting from a company that gets to stay above ground, rather than trying to drive down a business with 15k employees during a fucking pandemic.
I'm not sure that a short squeeze would be structurally possible without the big buy side institutions like BlackRock having a piece of the pie, as they're the ones lending securities to the hedge funds.