GME, BBBY, NOK, etc etc. It only gets worse as the margin calls come in tomorrow and Friday. There will be massive forced selling of quality positions to raise cash. Watch for falling bodies in NYC.
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Unfortunately the motive (aside from ridiculous profits) for this is above my pay grade. I just know that this is coordinated and requires huge capital.
I noticed that when reading the candlesticks today, there was a huge buy order that was keeping the price from dropping down today.
They might be letting retail buyers push the price up, but someone with a lot of money is preventing it from dropping
There’s a lot of victims in their past with axes to grind. This is a perfect once-in-a-lifetime opportunity to turn the screw.