Comment on GameStop’s definition of “New”

xkforce@lemmy.world ⁨1⁩ ⁨year⁩ ago

And this is the company wallstreetbets wanted so bad to defend. It should have died. It DESERVED to die but Reddit wanted it alive because if there’s anything Reddit hates more, it is short sellers. But the reality is that most of the time the companies that get taken down by short selling aren’t healthy to begin with. After all, why push a strong company off the cliff when you can push a weak one that is overvalued?

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