As if it's a bad thing that Wall Street gangster hedge funds are finally feeling the squeeze
It's categorically false to suggest that Wall Street hedge funds are all suffering from this.
Some of them are making massive amounts of money on this situation. Some of that money comes at the expense of casual investors.
This idea that Redditors are siphoning money out of hedge funds is just not true for the last round of GME investors. In fact, those latest investors will probably end up funneling their losses right into hedge funds who short this on the way back down.
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It's categorically false to suggest that Wall Street hedge funds are all suffering from this.
Some of them are making massive amounts of money on this situation. Some of that money comes at the expense of casual investors.
This idea that Redditors are siphoning money out of hedge funds is just not true for the last round of GME investors. In fact, those latest investors will probably end up funneling their losses right into hedge funds who short this on the way back down.