GameStop Stock Soars, and Social-Media Traders Claim Victory (wsj.com) 21 points by vga805 5y ago ↗ HN
[–] __turbobrew__ 5y ago ↗ The good 'ol Michael Burry pump and dump [–] [dead] darig 5y ago ↗ It's not a classic pump and dump play, they are solely trying to punish option traders who bet heavy on puts. They are willing to lose a little to make sure the short sellers lose everything.
[–] [dead] darig 5y ago ↗ It's not a classic pump and dump play, they are solely trying to punish option traders who bet heavy on puts. They are willing to lose a little to make sure the short sellers lose everything.
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