My understanding is that Rocket came out of nowhere and was to distract from the mounting pressure on GameStop. GameStop shares are being held hostage. The hedge funds need them to close their massive (possibly illegal) short positions. By pumping Rocket, they are hoping that people get tired of holding GameStop and sell to jump into Rocket.
My understanding is that Rocket came out of nowhere and was to distract from the mounting pressure on GameStop. GameStop shares are being held hostage. The hedge funds need them to close their massive (possibly illegal) short positions. By pumping Rocket, they are hoping that people get tired of holding GameStop and sell to jump into Rocket.
https://greatawakening.win/p/12hkd6hiQK/stonk-frens-gme--rkt-whats-next/