[IgorPartola]

I’m not blaming anyone. I think it’s an interesting situation in the same way that oxygen rich atmosphere becoming a thing on earth led to interesting results. The market system is clearly broken. You need not look further than GME for evidence of that. Either GameStop has been undervalued by everyone for years at $5/share and is really worth $50/share (where it is today), which would mean the market is broken. Or GameStop is currently worth 10x what is its true value which means the market is broken. Its sole purpose is to help us efficiently determine how much each company is worth and allow us to trade them. And here we have a situation where nobody can argue (I don’t think) that the market is doing a good job at efficiently determining how much GME is worth, and trading it has a decidedly one-sided advantage towards hedge funds vs retail investors.

My only observation is that while I don’t know what long term effect WSB will have on the market, I think in the short term a lot of retail investors will lose their shirts as collateral damage.