Jim Cramer discussed his thoughts
"The consensus seems to be that the Reddit revolution had the hedge funds on the ropes until Robinhood and others halted trading. But Cramer said in reality, this massive short-squeeze, while brilliantly executed, was never going to last forever. The huge surge in trading uncovered a number of flaws in our regulatory system, but there was no conspiracy," wrote TheStreet's Scott Rutt in his Mad Money recap.
"Cramer said some of who he calls the "rebels without a cause" are more concerned with being right, even if they lose money. But if you're not investing to make money, then you have no business investing," he continued.
Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Wednesday