Game stockyou mention that there was nearly above a hundred per cent outstending. Float an was short. Sow, i agree, it's extremely similar to crypto Tura in that sense. I thing i want is that the element of surprise is important. Think there's just that overall confluence. Te they debasically executed verywell a the timing of it so that the shorts, they couldn't do anything at that time.
Today, Su and I discuss the rise of WallStreetBets and financial populism in general. As one of the most experienced market participants I know, Su has a unique perspective on the story behind the GameStop short squeeze. We explore why he thinks it is going to end in tears for small investors, which invisible rules of the traditional financial system have been laid bare for everyone to see, and how all of this massively validates crypto and Defi going forward.
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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