What's not mentioned in this blog article is the reason people picked Gamestop of all stocks. There were way too many short positions. Hedge funds and brokers were selling shares that they didn't have - to such a large extent that there were more sold than shares in existence. Wall street hedge funds were caught in a bluff. Retards on Reddit, and later people from other walks of life, started calling the bluff. Any leader or media personality who tries to give an assessment and narrative of the Gamestop situation should mention how we got here. And those who don't... well, I think their silence is complicity. The "Greater Fool Theory" is "the buyer is betting that someone will buy the investment from them at a higher price". Well, the working theory of WallStreetBets is that Greater Fool is the retards who shorted the stock and/or are holding short positions. And kept trying to manipulate the price with additional positions. I think that shorts in Gamestop are a toxic asset, kind of like mortgage backed securities were in '07. The investors (hedge funds, institutions) with short positions are obligated to buy the stock at market value (whatever it is) when calls come in. Disclaimer: not investment advice, I may not know what I'm talking about, etc.