undefined | Better HN

0 pointsdragontamer2y ago0 comments

Yeah, no one is going to change short selling rules any time soon because it's all jus t made up crap and rumors from WSB to pump GME.

Hate to break it to ya, but you're getting played of you actually think the problem here was short selling.

The problem is that skittery online retail can be so openly manipulated to believe such conspiracies and that this leads to the profits of the small leaders of the crowd.

0 comments

smcn2y ago

Nobody is trying to change short selling rules. Like I said, this wasn't a rebellion against short selling.

Also, this is all verifiable information. I'd encourage you to confirm what it is that I'm saying.

Benjamin Graham said that in the short term, the stock market is a voting machine, and in the long term a weighing machine. None of this is anything new. It's just the speed at which information travels that has changed.

dragontamerOP2y ago

> Nobody is trying to change short selling rules.

Obviously, it was all just a ploy to trick Redditors into buying GME. If people actually cared about short selling, they'd describe new rules or regulations on the issue.

That's all it ever was. There's not much else to the story. I guess I could go over the bull$$$$ arguments over AMC, BBBY or FRC or any of the other meme stocks. But it's all just meming the stocks up in price.

smcn2y ago

No, at no point was anyone taking umbridge with short selling. They had issues with large hedge funds trying to kill companies, that may be where your confusion lies.

Also, adding FRC in there is an interesting move. Do you blame retail traders for that?

1 more reply

ikekkdcjkfke2y ago

But wasn't it facinating that the stock was shorted >100%?

j / k navigate · click thread line to collapse

0 pointsdragontamer2y ago0 comments

Yeah, no one is going to change short selling rules any time soon because it's all jus t made up crap and rumors from WSB to pump GME.

Hate to break it to ya, but you're getting played of you actually think the problem here was short selling.

The problem is that skittery online retail can be so openly manipulated to believe such conspiracies and that this leads to the profits of the small leaders of the crowd.

0 comments

smcn2y ago

Nobody is trying to change short selling rules. Like I said, this wasn't a rebellion against short selling.

Also, this is all verifiable information. I'd encourage you to confirm what it is that I'm saying.

dragontamerOP2y ago

> Nobody is trying to change short selling rules.

Obviously, it was all just a ploy to trick Redditors into buying GME. If people actually cared about short selling, they'd describe new rules or regulations on the issue.

smcn2y ago

No, at no point was anyone taking umbridge with short selling. They had issues with large hedge funds trying to kill companies, that may be where your confusion lies.

Also, adding FRC in there is an interesting move. Do you blame retail traders for that?

1 more reply

ikekkdcjkfke2y ago

But wasn't it facinating that the stock was shorted >100%?

j / k navigate · click thread line to collapse