the shorted stonks are finally going down but Fidelity apparently refused to collude now shitposters are buying more stonks despite the trend

what a strange world where anons buy stonks and banks burn

apparently there are STILL MORE shorts on gamestop or something?

they are talking about if they hold the value above 200$ another couple days, another bank is going to collapse?

@icedquinn It makes no sense to me, shorting makes stock prices go down not up normally. so I have to wonder why the reverse is happening here.

@freemo because reddit found out wall street was trying to crash gamestop for a quick profit, and decided to start buying stocks in (distributed) masses.

which caused the value to rocket, and when the margins were called in a hedge fun was KO'd.

@icedquinn yea im aware of the story a bit (didnt really look into it too much).. but what you just describe would be them long-ing the stocks (buying) not shorting.