> retail investors are being denied long term returns
excuse me? what part of inflating GME to $400 is a deserved long term return?
this is effectively a pump and dump scheme, whether or not most of the participants think so. once the squeeze stops, no ones buying GME over $100 and everyone left holding shares better have bought two weeks ago or theyre gonna lose money.
I never said "deserved long term return." I'm saying that a hedge funds made bets, deals, ultimately with these WSB crazies. That position represents risks that they are being shielded from.
Most of these people aren't holding any stocks. They're buying derivatives, so they technically have no stocks to dump. They will likely bet like crazy on the downward part too.
But if Robinhood has some preexisting deal where they have to loan out X% of long shares to shorters, why should they have to take on the risk of defunct shorters if it is within their rights to just stop allowing trades in the symbol, without any goal of overall price manipulation?
excuse me? what part of inflating GME to $400 is a deserved long term return?
this is effectively a pump and dump scheme, whether or not most of the participants think so. once the squeeze stops, no ones buying GME over $100 and everyone left holding shares better have bought two weeks ago or theyre gonna lose money.