When you watch a bank get robbed there's no reason to feel much sympathy for the bankers but it's also naive to think ordinary working-class non-bank-robbers will benefit long-termhttps://twitter.com/MaraWilson/status/1354513196783079427 …
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It's getting press coverage now. Glowing press coverage. Which is understandable but it will mean more people will want to join in. And it doesn't matter if someone does or doesn't have an exit strategy, in order for one person to sell high, another has to buy high.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yep. And it's why I'm not too happy about it. Somebody is going to get hurt, very badly, and it's not just going to be the hedge funds. And it's going to take a lot of work on Gamestop's part to not be included in the bag-holders.
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Modern companies don't function on cashflow. They function on confidence. That's why I use Enron as an example. Their financial shenanigans were not what killed them. The loss of confidence post exposure was lethal.
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