The crazy thing is running these stocks up allows these shit ass companies to do a public offering and raise a ton of capital to delay the inevitable. now imagine if these WSB people instead of driving up the price of failing companies, instead drove the price up on smaller biotech and technology companies who’s only downside is lack of cash, the companies would be able to raise capital on the open market and have a large chance of succeeding with new technology that would improve the lives of Billions of people in the long run, these stocks would then turn into huge long term winners...these guys need to think one step further rather than short squeezing failing companies, drive the price up on companies with potential. Look at what all these small vaccine companies are Doing with just several 100m dollars. GameStop alone has had over 10billion dollars worth of equity pumped into it over the last week. All this money could go to good causes that in the long run would make these investors more money.
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