Short sellers gotta be loving this rn. Very unlikely that these stocks keep up long term
bruh what are you smoking
The stock price has no effect on such a damaged and failing business like GameStop. What happens when Reddit moves on? This is a bubble, and at some point people will start selling. Internet got the shortest attention span in history, in a year the price will be back to normal levels.
The long term effects will obviously be that investors like us will be paid attention to more. And short term bubbles are fun. But if I were a short seller, I’d take a long term play for shorting GME now, even if it costs me in the short term