@Felthry It's so recent it's still technically a story in progress. About all I know is that a hedge fund run by people with too goddamn much money got blindsided by the power of bored nerds on Reddit, and from what I understand it's going to be hilarious to watch what happens when any of those bored nerds try to cash out.
@Felthry To my understanding, a hedge fund is a place rich people keep money with the expectation that money will be reinvested to provide a return, or at least remain stable.
As far as how shorting as a concept applies here? Fuck if I know.
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@Felthry To my understanding, a hedge fund is a place rich people keep money with the expectation that money will be reinvested to provide a return, or at least remain stable.
As far as how shorting as a concept applies here? Fuck if I know.