I was kinda thinking... On the one hand, if it actually works, that doesn’t really seem all that bad....

In 30 years we may all be eating maggots. I understand they’re a great “green” source of protein.

Counterpoint:

Eh.

It’s almost like the value of it’s stock doesn’t actually make much difference in a Companies day to day.  It’s not like the company has that money or the company actually suddenly has more/less money to spend on stuff.

The hedge funds were actively participating on bankrupting businesses. Gamestop was going down, sure. But the short sellers were definitely agitating it further.

*shrug*

So, basically:

If we assume that wall street is essentially people just betting on how well/poor people are going to think the company is going to be doing.

To be honest, I don’t remember ever actually playing that game (when I was young, I’ve since played it on the net for a few minutes via emulator). Other than pretty much pure educational software teaching math and sentence structure (and typing), the only game I remember the school having was “Where in the World is…

Eh, I played E.T. at the time it was released. Of all the games my friend had for his Atari, it’s the only one I can remember because of how bad it was. (He had the Atari, I had a Bally, though most of my gaming was more Apple ][)

Meh, Shigeru. Apple][ master race here.

Don’t look at me.

You forget the /s (I hope).

this week wrote an op-ed for Fox News arguing that it is time to “send home the troops” from the National Guard who are still protecting the Capitol grounds. 

I guess that’s the thing. While it’s true that eventually the shorters have to buy, the squeezers don’t make any money until they actually sell. So at some point sometime tomorrow, there’s likely to be a mad dash to cashin and sell shares, and the stock will drop.

Yep. And presumably a whole lot of people who don’t manage to jam that “sell” button fast enough will be out a ton of money. Because odds are pretty good the hedge fund folks were right, and the stock was going to go down.

Except at an underlying/long run level it is still just investing in a company. It does well, you do well. Just because there are other fancier ways (and perhaps riskier ways) to make MORE money in the market doesn’t eliminate the fundamentals.

If you’re trying to bet against the house, you probably shouldn’t rely on using house money to do it, because at a certain point the house will say “enough”?

Shorting creates a perverse incentive where you are actively rooting for a company to fail, and thus are incentivize to act that way.