[joseph_grobbles]

"Pump and dump schemes absolutely should not be supported. Piling into a short squeeze is not a pump and dump scheme."

LOL. Give me a break.

This is ___100%___ a P&D scam. They can squeeze shorts because they target trash stocks of failing businesses (you know -- the stocks that get shorted), then create a positively ridiculous story about a value proposition. A bunch of moron retail investors on Reddit aren't going to do shit to squeeze shorts, but they're the front for a couple of very well financed players.

But...something something Nancy Pelosi. Christ. Yeah, she's really scamming the system playing a stock at all time highs. Real elite moves.

[seabird]

Yes, GME's current price does not reflect the value of the company. That being said, anybody that feels that staying involved in a short play involving a profitable retailer with significant activist investor interest when short interest is exceeding 100% is a good idea shouldn't be allowed within 10 miles of a risk management office. If someone's definition of pump and dump scheme includes investors making awful decisions and contractually obligating themselves to handing their money over to other people at insane losses, then this is one. For the rest of the world that is willing to call a bad trade what it is (even when the winners have quite the potty mouth), it doesn't even come close.

[llampx]

The lady doth protest too much, methinks.