> There is a danger that some of the hedge funds who have taken the short positions in
> these stocks (GameStop and otherwise) could go bust. And if that happens, their
> creditors wont get the money they are owed and it will be a lot harder for Wall
> Street to get credit form the kinds of people who lend to Wall Street. And there is
> even the potential for a credit market collapse as happened in the GFC.
So a bunch of rich dickhead bankers and investors dumped money into trying to artificially depress GameStop's stock, AMC's stock, and others, and instead they ended up getting shafted by idiot poor people on Reddit, and it might cause a market collapse that will adversely affect those same rich dickheads, and not the actual poor people who largely don't hold stocks?
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Re: Thoughts on the whole Gamestop stock thing?
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