Just points out that NOT all Hedge funds are prudently managed.
Do the social media traders really look like him?
Social media traders have no “reasonable” expectation of making a profit from trading in GameStop. They are just in it for the “game” of sticking it to the hedge funds, and doing an exceptional job of it too. See “Trading Places” for more detail on what is going on.
Amazing what a ruckus these internet traders have caused on Wall Street. They have upset the apple cart out of all proportion to their actions-ramping a failing business model and totally annihilating the shorts.