If anybody really thought that hedge funds weren't going to come out of this and eventually recover, or even make money off this, they were delusional.
In fact, I'm of the opinion that some institutions were probably playing along and they've pulled the rug, and institutions matter the most with stock prices.
Tomorrow should still be interesting though, while I think they were probably restricted today too because of regulations, I've seen SOOOOO much claiming that you've been seeing short laddering in GME to try to fool the paper handed, and that it won't be allowed tomorrow so it should rocket.
The thing is, I think there was restrictions today too, and it meant nothing. I'm guessing that GME probably drifts tomorrow, likely won't be 60% down, but still won't do well.
Equities probably won't have as easy of a time though tomorrow, although if the market at least behaves, Google might fly and Amazon might have a solid day. Google would've flown after their last report, but the Nasdaq pooped the bed the next day, so while it did well, it didn't do as well as it could've.
Although I suppose I probably shouldn't be surprised if this take ends up looking bad. Elevator down and elevator up now it seems instead of staircase up and elevator down.
ETA: Although, if I may add, there’s a citadel the hedge fund and citadel the market maker. Both aren’t the same thing.
