The incident involved highly organised small retail investors taking on the giant hedge funds who had short-sold the failing company. Mr Aandahl is a prominent short seller whose research reports helped sink the shareprices of Quintis and Blue Sky Investments.
“Short sellers have this unique place in the market as one of the lone dissenting opinions," he said. Mr Aandahl urged against a repeat performance of the GameStop situation saying there were no winners and only losers following the incident. “What requires the proper functioning of the capital markets is the common belief in the integrity of the markets and the idea that there is a level playing field”. “I think that took a huge shot in the GameStop saga.
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'The world is a stage'.