You wrote: "It went to $5 because its the most shorted stock on the market."
I responded "wrong", because that is a correlation/causation fallacy.
The only difference between Gamestop and, say, Hertz, is that Hertz actually declared bankruptcy. (And Robinhooders got FUCKING CREAMED on that one when it was delisted.)
You wrote: "It went to $5 because its the most shorted stock on the market."
I responded "wrong", because that is a correlation/causation fallacy.
The only difference between Gamestop and, say, Hertz, is that Hertz actually declared bankruptcy. (And Robinhooders got FUCKING CREAMED on that one when it was delisted.)