RE:RE:Is GameStop finally the Straw that BREAKS the Camels Back? I disagree with your view.
I much prefer a true free market. The trading halt is not protecting the small investors but rather it's protecting the greedy professional shorters (usually work for banks) as the pro shorters are taking a bath and trading houses are just trying to stop the bleeding of these professional shorters. Regulation should be protecting the small investors from the big boy traders and manipulators. With such protection, the pro shorters will keep on manipulating stocks as their playbook strategy knowing the house will favor them. Here we have the small investors winning over the pros but bankers put a stop to it.
Maxmoe wrote: Sadly, all irrational speculation ends the same way. The little guy gets stuck holding a $30 stock he paid $300 for. Greed and stupidity are a dangerous team. Every generation has to learn the hard way , so too will the Reddit generation. It would be nice if a few shorts get wiped out in the process.