A short seller explains how GameStop's short squeeze affects Wall Street
Scott Fearon: No, no. We're not. Korajczyk: I've heard rumors that the crowd is looking at other heavily shorted stocks. Fearon: Oh, sure they are. The poster child this morning is a company up in Milwaukee called Koss. If you believe that markets are always efficient, today is proof that they are not. There's no way GameStop is worth $347 a share. There's just no way. Korajczyk: I think you're right. The problem is, it's so risky to bet against the bubble right now. Fearon: Oh, I wouldn't! I've talked to a lot of hedge funds this morning who are just itching to short a few of these thin...
Source: businessinsider.com