Quote:
Originally Posted by lewdog
You know there is!!!!
And you know they'll never admit it............
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Nah even before it took off this had eat Buehler445s lunch written all over it.
I talked to a buddy that I harass periodically for agronomy. Anyway he asked me about it and mentioned that surely he’d be looking to sell (yesterday). I told him’ “Man, you know both our asses would be out by 50 LOL”.
Not to go off on a rant here, but I’m really concerned as to what the regulatory response is going to be. It was all fun and games until I start reading tweets from politicians about it. And that’s as far as I’ll go there because it will be speculation.
But let’s be real here. Even if the GameStop thing is 100% Reddit jackasses (I’m 85% sure other hedge funds ran it and used Reddit jackasses as cover), structurally it’s no different than what these hedge funds do to each other. They just published it, talked a bunch of shit, and have no exit strategy (largely).
What Citrion et al did was strictly bad decision making and risk management. I’ve made bad decisions before and precisely nobody gave half a **** about it. I just don’t want any negative repercussions from this madness.