Well, those who bought at the peak when the stock was like $200 or $250 definitely lost. Just like with all pump and dumps (the ones you see in crypto all the time), if you get in on the scam early you can make some money, but get in too late and you'll be holding the bag.
Right now the stock is at around $150. When I first learned of reddit's GME shenanigans it was around $50-75.
It's worth mentioning that what they went for was a short squeeze. They knew that the stock was (naked) shorted beyond the amount of outstanding stock, so if they got enough people to buy the stock, its price would go to infinity.
Of course, those who run the system didn't let it happen and bailed their friends out.
they also gave us inflation to claw back their losses
Didn't it go as high as $300?
I think I saw it at $400 or $450 for a very short time, but given that many places suspended trading the stock at that time, I'm not sure what it means to have a price for a stock that can't be traded.
Their ponzi scheme's got exposed and seriously rich and important people got their assets threatened. Thats not going to fly ever. So they told Robinhood to break the law to protect them, and the SEC covered for them. Just more mask slipping and no one gives a fuck. I seriously dont understand why the federal government doesnt just openly tranisiton to a dictatorial oligarch system. I doubt anyone would do anything to stop them anyway.
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