Are we talking about cutting your own nose off to spite someone else's face?
I don’t particularly care if it goes to $10 tomorrow. I don’t expect to make money here. It’ll be fun to watch for a few days, maybe weeks.
We just felt a lot of solidarity with the sentiment over there, and are happy to make a small contribution to the squeeze.
It feels kind of like contributing to a Kickstarter with low chance of success.
But you know, there’s a nonzero chance it goes to $1000 before the shorts can wiggle out. That’s what makes it exciting.
In general, since watching what they did to Tesla I have no sympathy for shorts.
Meanwhile this financial system is hardly just a monolithic monster and plenty of big institutions will make money too.
I think the populist ideas / results around this are all weirdly misguided.