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by david927·4y ago·view on hn ↗
You're making a straw man argument and attacking it with a lot of anger. No one investing in GME is on a timeline. No one. Could it there be a huge gamma short squeeze? Absolutely. The due diligence that Mr. Gill put together is impressive. A tidal wave of investors agree with him. Will it happen? Maybe. But that's all you get to know -- that maybe it could happen. In the meantime they're holding shares of a company that is doing pretty well lately -- and they know that time is on their side. They can just back and hold their registered shares knowing that's all they need to do. They literally use terms like 'infinity pool' meaning they plan to hold for a long, long time.

And being prepared to hold for a long time is key. Here's why: let's say it's true. Let's say that hedge funds did engage in naked shorting of a company seemingly headed for the dust bin. If this buy, register and hold strategy was for only x months, then the hedge funds can wait to close out their position. Right? Is that confusing? By saying, "There's no end," it puts tremendous pressure on these hedge funds.

I've listed several places where the markets have been shown to be corrupt and rigged. People still go to jail for insider trading but not for any of these other, much worse, market manipulations? And you ignored it. What has incurred your wrath, instead, is that a large group of people would buy, register and hold a stock they like and not state unequivocally when they were going to sell. That's what has made you mad.

The math of all of this is that either don't understand what I'm saying or you do, which means you're either a little fool or a giant asshole.

1 comments
> No one .... is on a timeline

If you do not have a timeline for your predictions of financial doomsday, then that by definition means that your predictions are unfalsifiable. Which is the problem there I have trying to bring up this entire time.

It is a big problem, if you are literally saying that no matter how long goes on, without the doomsday happening, then you will just make up an excuse for why the doomsday got delayed.

That is a problem, because then the belief is not falsifiable.