What will tomorrow bring? Will $GME (Gamestop) go to Mars and everyone's favorite crypto, the lovable Shiba faced Doge, go to the very Moon and hit $1.00? Who knows, it was trading at 0.044 this afternoon before falling to 0.038. Woof.
In the meanwhile, Melvin Capital's lost a reported 53% on it's investments in January, that's around $6 billion vaporized in blown up shorts, not least the now fabled $GME. More hedge fund pain's surely soon to follow because an autist army of raiders, backed up by a few billionaires, are HOLDING THE LINE and not selling. There's apparently plenty of uncovered shorts out there yet to plunder.
According to Millionaire Socialists like Elizabeth Warren and assorted shills in the lying, corrupt, venal, mendacious, aggressive, smug, hypocritical media this is nothing less than an act of violence by white supremacist, anti-semite extremists. Like, how dare they attack our sacred Hedge Funds of Progressive Democracy!
Come on, Commies, shouldn't you be against our stratospherically wealthy Oligarch Overlords? Apparently not, and to be fair, it's not easy being a Millionaire Socialist without millions of dollars to make it happen. But here at the Compound we have a different take. In the words of the Apostle (Eph 6:12):
For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.