Thus, long $GME is like a synthetic short Robinhood position (at least, currently).
https://twitter.com/compound248/status/1355274739351248898
Long $GME was a synthetic short Melvin position just until about Tuesday as of this week. It’s morphed into a short Robinhood position.
Exactly, it’s currently more like a macro knife fight, speculators vs speculators. Those citing revenue multiples, valuation, etc are either missing that or willfully omitting it.
https://twitter.com/compound248/status/1355276780136001538
Speculators are wagering to “break the Bank of Fraud”, whereby Robinhood = the Bank of Fraud, and $GME is the currency with which the battle is taking place.
Some are opining that the feds will rescue or bailout Robinhood. If they do, i fear that this would backfire in ways far worse than simply letting things be.
What disturbs me is that there are plenty of morons who seem to believe that Melvin was short 140% of $GME. I ran into the below false claim several times in just a matter minutes: 
• • •
Missing some Tweet in this thread? You can try to
force a refresh
