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To: Justa
But will the rules be changed so that being $500 underwater will not be called? Will the other hedge funds see this as a chance to pick off a competitor or a time to unify behind a brother being attacked by the sheep? Will the end of "Trading Places" be edited so the head of the trading floor says to the Duke brothers "don't worry about it, I'm sure it will get straightened out over the next week and then you can settle up"?

I'm cynical enough to believe that the Reddit bettors will be the ones hung out to dry while the hedge funds may get a billion dollar spanking just to teach them a lesson to not let others break the big game.

54 posted on 01/28/2021 9:03:08 AM PST by KarlInOhio (The greatest threat to world freedom is the Chinese Communist Party and Joe Biden is their puppet.)
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To: KarlInOhio

I’ve read that other hedgefunds not exposed to GME have been providing funding to ones that are exposed. IMO this probably means the exposed hedge funds are making private, off-the-books asset transfers to the hedge funds bailing them out. Not much of a silver lining there so yeah, the GME naked-short hedge funds are getting killed.


61 posted on 01/28/2021 9:23:51 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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