Quote:
Originally Posted by Fred
A few people made a lot of money during that spastic GME trading period. I'm gong to go out on a limb and guess that most of those Reddit readers lost their butts on that. I just wonder how much of the GME asset sheets are even close to being correct. There are a lot of short positions on GME, but I just can't see another stupid run on the stock like that one crazy trading period. Vegas should put an over/under bet on how long that stock will still be trading.
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I only passively follow the internet cult trainwreck that is GME, but they seem to be very cash-heavy and very little idea what to do with that cash.
The US dollar isn't going to help the revenue bottom line as interest rates get cut. They need to put that money to work.