Steely irresponsibly posted this in the stock thread before I had time to post about it in the appropriate forum

A reddit forum has led an online retail investor campaign to attack hedge funds by driving up the prices of highly shorted stocks, among them Gamestop. This is a little funny, but the leaders' political rants make me suspect there's also something genuinely dodgy going on, and I wouldn't be surprised if this operation somehow ends up with some of the people involved getting indicted, and others losing a lot of money—after we move from the pump phase to the dump phase.

More info here:

https://www.wsj.com/articles/how-gam...ed-11611743400

https://www.wsj.com/articles/blackbe...op-11611681716