JUST IN: GameStop $GME stock trading halted for a 5th time after surging 110% today.
Short sellers have lost approximately $1 billion.
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JUST IN: GameStop $GME stock trading halted for a 5th time after surging 110% today.
Short sellers have lost approximately $1 billion.
Entertaining but these people should really just be buying and holding bitcoin instead of gambling on a dead company.
Yes, of course you're right. But I'd rather see them shorting Gamestop than buying treasuries.
You are absolutely right.
I love watching this shit. It's more fun than reality tv. It's satisfying watching hedge funds get rekt. You get to see the system unraveling in real time.
But are they? I remember that one hedge fund got rekt, but not fully I think... Is it that bad for them?
I'm for anything that makes a farce of the system. I think 1billion USD fiat evaporated today.
The people who bought 3 years ago for 700 sats per share are still deeply under water - denominated in a fiat curreny that lost significantly in value since then. That's playing the fiat casino.
It seems that history is repeating itself lol.
I like this stock 😁
Why are they halting it?
Buy bitcoin, buy freedom.
hahaha /r/wallstreetbets degens are going apeshit again... love it