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That article seems like one giant strawman to me, and I don't even know much about all this shit. Maybe I'm wrong here...but...
Is anyone even making the argument that no hedge fund should ever short a company when they feel the stock price is too high? The article acts like that's the prevailing attitude.
My understanding is that you can't pull off a short squeeze (and definitely not this "gamma squeeze" thing) unless the funds are leveraged way too much on the short side of a stock. Just some hedge funds being short doesn't mean they can be squeezed if they can easily cover the calls, right? And isn't that why these Wallstreetbets guys had to pick the exact correct stock? So the lesson isn't "Dear hedge fund manager, never short another stock again or we'll come after you" because that wouldn't work anyway. The lesson is "Don't overextend a position and leave yourself vulnerable to things you can't control with no cap to your potential losses. Gambling that way is irresponsible."
Again, what the hell do I know? I'm more trying to learn here and be entertained than anything. But that just struck me as a bizarre view of what's happened here.
Yep. And of course these articles are bullshit. These are all paid articles.