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Basically lots of hedge funds and other such entities had short sold.
Person on internet sees it. Rallies the stock, hedge funds have to panic buy to cover losses rallying prices more.
Internet character Kitty enjoys fucking with hedge funds. People make student loan pay offs thanks to hedge funds panicking.
SomethingOrOther
@ChasnotRobert
is there any credible story on fundamentals for gme? seems to be just a slow cash burn. Hilarious if they raise $2Bn more to add to their cash incinerator.
what is the it which dfv apparently thinks Cohen "might be able to do it?
or is it pure spin?