Quote:
Originally Posted by FD
A few hedge funds with big short positions will lose, but most of the short squeeze is being pushed by other hedge funds. They are just using the redditors as cover. There isn't enough money on WSB to execute this big of a trade, it is mostly coming from some different hedge funds that are making out like bandits while the vast majority of the redditors are getting in late and will be left holding the bag.
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There is some small irony in the fact that something like this could easily be used to make a **** ton of money off of individual people who don't know what they're doing.