The funny thing is that I do not believe this sub is treating $GME like a casino. The discussions to enter the trade were based on a reasonable economic premise that the hedge fund shorts were acting irrationally by trying to bury the company, resulting in 140% of the outstanding being sold short. Any idiot could see that this this anomaly, which caused market cap to be less than the net cash value of the company, was ripe to be taken advantage of.
In my book, that is not a casino bet. That’s a bunch of people making rational rescissions to correct a gross market inefficiency. That’s America baby!
[deleted] on January 27th, 2021 at 22:17 UTC »
TELL HER TO HOLD THE FUCKING STOCKS
Edit: WE LIKE STONKS AND APE R STRONG TOGETHER 🦍
APES TO ASTRONAUTS
BloomedInADarkRoom on January 27th, 2021 at 22:41 UTC »
"Message board of posters"
She really wanted to say shitposters haha
RlCKJAMESBlTCH on January 27th, 2021 at 22:54 UTC »
The funny thing is that I do not believe this sub is treating $GME like a casino. The discussions to enter the trade were based on a reasonable economic premise that the hedge fund shorts were acting irrationally by trying to bury the company, resulting in 140% of the outstanding being sold short. Any idiot could see that this this anomaly, which caused market cap to be less than the net cash value of the company, was ripe to be taken advantage of.
In my book, that is not a casino bet. That’s a bunch of people making rational rescissions to correct a gross market inefficiency. That’s America baby!