CNBCのインスタグラム(cnbc) - 1月30日 07時30分
Mark Cuban on Thursday cheered the epic short squeeze in GameStop shares, saying he believes the contingent of investors hyping the stock on sites like Reddit have taken a page out of Wall Street pros’ own book.
“It’s not the first time low float or heavily shorted stocks have been targeted,” Cuban said. “There are many hedge funds that have made a lot of money over the years targeting heavily shorted stocks … It’s just the people who are making the push aren’t who we expect them to be and so that’s why I like it.”
“When you bring people out of nowhere to really show the inefficiencies of the market, it’s a good thing,” the billionaire entrepreneur added. The WallStreetBets crowd on Reddit is playing the speculative nature of the market, historically dominated by high-frequency computer-driven trading, Cuban said. “People who bought it just to speculate, some will make money,” he said. “Some will lose money but that’s just the way the market has always worked.”
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