I wonder whether the Gamestop buyers understand the standard mechanics of stocks, and that the price will crash when they run out of *new* buyers, not when current holders choose to sell; and think they can time it, earlier than others trying the same. Or if they just don't know.
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Eliezer Yudkowsky Retweeted Arjun
Oh, *that's* interesting! If further naked shorting is impossible and outstanding shorts are that high, I genuinely no longer know whether WallStreetBets can win this or not - my current theoretical understanding doesn't give a non-detail absolute answer.https://twitter.com/arjunxkapoor/status/1354657224728010754 …
Eliezer Yudkowsky added,
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Replying to @DanielleFong @ESYudkowsky
if the establishment has a win it might have to be from their extra powers
9:18 PM - 27 Jan 2021
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