Looks like GameStop’s buyback policy has evolved into a new, more aggressive form of taking people’s money. (the good news is every single hedge fund manager deserves to be hit by a bus so there’s really no downside here)
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Perhaps some and that's a fair comment. But I do think some honest people are going to be swept up in this mania, thinking they can make a quick buck when even this is going to be stacked against them. And those assholes we think are losing will bounce back.
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Same thing happened with Beanie Babies, Bitcoin, and a hundred other things. You can’t keep gullible people from throwing their money away. Best you can do is make it as hard as possible for them to lose it.
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