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It’s only possible to perform a squeeze like this right now because this is the first time they’ve been that organized at the same time that a hedge fund has been that spectacularly stupid. Melvin and others took out enormous short positions, and advocated very publicly to screw a struggling company so they could make money.
It wasn’t hard to get a coordinated effort to fuck over some asshole bankers and make a shit ton of money doing it.
That’s why just now. It was a convergence of a lot of factors that doesn’t happen often and won’t likely happen again.
I don't think this is grassroots even though it's being portrayed as such. B1-66ER above asks a very pertinent question: why isn't the MSM burying this story? Why instead are they trumpeting it on every financial channel out there?
This is classic example of herd manipulation and demoralization. A few billion here and there is NOTHING to the TPTB. Having a hedge fund manager literally cry on TV and say he's upset because he "cares" is the elite mocking us. You have to understand, these people are narcissists and psychopaths that get off on shoving increasingly unbelievably ridiculous stories down our gullets. They laugh when we move in the direction they know we'll move in. It's a game to them.
Read billionaire Cohen's tweet that says he's just a guy making a living:
All of it is pure theater, written in Langley. I don't buy this wsb shit for a second. That doesn't mean there isn't money to be made in the squeeze but then what difference will it make when the dollar collapses?
These wsb people aren't in it for the money.
I believe many of us want the dollar to collapse already.
I think you're right but what comes after that? Be careful what you wish for.
This interview was in 2019, not recently.
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