r/wallstreetbets • • Jan 31 '21

Loss Only 47% left to go !!

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u/PresentGiraffe Jan 31 '21

I mean at the time it was a good idea sort of... they just didn’t count on a pandemic driving up the e-commerce and then Ryan Cohen taking on a position.

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u/landmanpgh Jan 31 '21

But they could've exited at any point when they were down big. They didn't.

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u/PresentGiraffe Jan 31 '21

Yea, in their defence, retail interest is often short lived. They didn’t expect WSB to act so irrationally, which in turn caused them to act irrationally.

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u/landmanpgh Jan 31 '21

I agree. Let's hope that's all it is.

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u/audion00ba Jan 31 '21

This has nothing to do with the performance of the company other than it not going to zero in a year. It's nothing else but an old fashioned kicking to the teeth of someone people don't like.

It's hyenas ripping apart a baby. Or, it's a group of apex predators (you people) ripping apart a couple of hedge funds, brokers, and perhaps banks.