I know people are up in arms about these stocks being froze and the general consensus is that it's happening because the "big guy", aka hedge funds, are getting taken to the cleaners by a bunch of individual day traders; But, doesn't strike you that its completely wrong to collude on social media, or otherwise, to negatively or positively effect a share price of a stock artificially and beyond any representation of that particular companies financials, movements, or potential? And people thinks its censorship that the FCC is considering new rules? I'm probably in the minority, but this is ludicrous! If any financial broker did this and was caught, they'd be in jail.
FYI, there's gonna be a bunch of innocent people that get completed screwed on this along with many of these reddit day traders. Frankly, there playing with fire and they're bound to get burned. I put short sellers in the same the category. Don't kid yourself for a minute If you think the only ones that are going to get hit are some rich hedge-fund managers. I think its a disgrace and its just the continual downward spiral of our nation.
Disclaimer, I have no horse in this race but mark my words, gamestop is gonna crash and crash hard! It's not a matter of if, its only a matter of when. The hedge fund folks know this can't go on forever any they have the leverage and bank to play this game. They'll cover there margins, short sell it at the crash and they'll be fine. If you think otherwise your kidding yourself.