From my understanding, they did the same thing with GME and AMC. Assuming hedge funds. They're buying and selling their own shares of stocks over and over again, putting shorts on it, and intentionally driving down the price so they get money on the shorts even though they're losing some money on the stocks themselves.
The retail traders with TDS are betting with their options that it will implode. Now the hedgies are bragging about it. Fuck them - if Anon traders HODL what we've got and buy more on the dips (real dips) then we win.
Because when GME gets DWAC'd its gonna be PHUN!!!
The secret ingredient is crime.
I am new to stocks...but I am pretty sure it's blatant market manipulation.
From my understanding, they did the same thing with GME and AMC. Assuming hedge funds. They're buying and selling their own shares of stocks over and over again, putting shorts on it, and intentionally driving down the price so they get money on the shorts even though they're losing some money on the stocks themselves.
No, a lot of the same investors though I would imagine.
They are trying to shake you of your shares right now. There aren't any shares to buy, so they need to create Fear...to get you to sell.
how do you know there aren't any shares to buy?
Because the volume traded is higher than the Outstanding Shares - Restricted Shares...which is called the Float
The DWAC float is something like 29 million shares. Last week it was doing a half a billion shares.
Nice, thanks for the tip. Where's an easy place to see that?
https://finance.yahoo.com/quote/DWAC/key-statistics?p=DWAC
...or any other finance site.
That's because Marketwatch is a cucked out site that hates Trump. They are pretending this isn't happening.
They’re hitting the same markers of retail interested and the algorithm traders have it on auto pilot.
IHUB is a good place to learn if you are new.
https://investorshub.advfn.com/
Anytime.
Lots of good discussion boards there with a ton of experienced investors willing to help.
Beware there are also a lot of people looking to make money off of your inexperience.
The retail traders with TDS are betting with their options that it will implode. Now the hedgies are bragging about it. Fuck them - if Anon traders HODL what we've got and buy more on the dips (real dips) then we win.
https://twitter.com/IcebergResear/status/1452699920641650690?t=CHt2iu5JJzfI1XWngJBIEg&s=19