OneTime on 27 January 2021
| kirby007 said: eaxctly, seeing people go hyped up by sticking it to the suits dont realise the term of these shorts, while 6b dollar loss for "hedgefunds" seems cool thats only if they have to buy at this point in time |
You'd be surprised at the number of people who look at an electronic screen that shows 10 shares, and assume that it means they actually own 10 shares.
What's really happening is a bank is showing you a number. Maybe there's a share behind there somewhere, maybe it's just a screen showing you a number...
I doubt that many financial institutions at the moment are paying $300 a time for GameStop shares just to show you a number on an electronic screen...
