/biz/ - Business & Finance

>>56480372
I think the GME short ended up in the hands of Citadel, who as a market maker is very capable of containing the problem. Despite all of the bankruptcy issues, there is a desperation about BBBY that really sticks out. The shorts burned RC on Gamestop and I think his machinations for growth in the retail sector is fundamentally at odds with the hedgies' gameplan to go long Amazon and short the fuck out of brick and mortar. The amount of pressure the shorts were putting on shorts while they were feasting on the shareholder equity of their victims was creating a dangerous amount of leverage. A billionaire showing up to the party to do the opposite is a FATAL revelation for the shorts. I think they were already in too deep by the time GME happened and it was only a matter of time until BBBY got sniffed out.