I’m telling you that CNBC has confirmed beyond a shadow of doubt that GameStop (GME) is being illegally naked shorted. I couldn’t believe my eyes or ears this morning. If you don’t own this stock or think it’s stupid idiots throwing money away, a very “respectable” news source let the magic word “naked short sellers” slip
Cats out of the bag now
Ignore the price. It's down slightly after a day where it was primarily HFs trading against each other. 3M volume when we'd normally see 60M shares trading hands.
It does not conform to anything that's been experienced in the history of the market, save for the Volkswagen squeeze in 2008- but this is exponentially bigger.
I seriously suggest doing your own research: http://libredd.it/r/Superstonk and search for posts with DD flair, especially from u/atobitt . They're not long reads.
Would you please tell me what DD means? ?
Due Diligence. The investing term for doing your own research, like "Hey Anons, get in here!" or a Q-proof.
Thank you. That's what I thought but I couldn't confirm it. Have a great day, fren!