Reading this morning and some financial people are saying hedge funds lost $30 billion yesterday on this.
For those of you saying the little guy can’t do this, you’re wrong. It’s simply a case of enough little guys getting together to more or less create their own hedge fund. They are simply acting in concert.
The little guys together can do this, but it is unusual.
Bottom line is: (in my opinion) The hedge funds made an unwise move
And the Reddit folks are making an equally unwise move.
Not really. Most of them aren’t really into to it for very much.
