There are probably some well-intentioned people in this thread, and they hope to make money, while shafting the hedge funds, and "blow up the system" while they're at it.
If they want to throw $100 at it for fun, I see no big deal.
But those who might put a lot of their money into this stupid stock manipulation scheme should consider what other people have to say, other than the stock pumpers.
I've been around the markets long enough to see this fake story before. This one has a new twist, but it is still nothing more than hype on stock manipulation.
GME is a dogshit company. Professional shorts figured that out, and shorted it.
Somebody naked shorted it, too. That allowed the conmen on Reddit to pump their story.
But those shorts covered long ago.
As far as the crypto angle, I guess selling computer games is not such a great business, so they are now selling something totally different.
I hope some crypto (and PRIVATE) alternatives do well, but most of them have gone to shit, and the wallets won't be anything worth having if the cryptos aren't being used because people lost their ass the last time.
Melvin may have closed/covered some their shorts - that’s why they have posted nothing but losses and closed the doors. How much do want to bet Citadel and others have neither closed nor covered....?
Greeting Mr. Newbie with 3 posts - all negative on GME. You (and all the "real" Pedes) might want to look into what's really going on. - Here's a good place to start: https://old.reddit.com/r/Superstonk/comments/tw641b/gamestops_bull_thesis_gamestops_history_due/
Just one little bitty problem: Superstonk is full of shit.
I agree with you.
There are probably some well-intentioned people in this thread, and they hope to make money, while shafting the hedge funds, and "blow up the system" while they're at it.
If they want to throw $100 at it for fun, I see no big deal.
But those who might put a lot of their money into this stupid stock manipulation scheme should consider what other people have to say, other than the stock pumpers.
I've been around the markets long enough to see this fake story before. This one has a new twist, but it is still nothing more than hype on stock manipulation.
GME is a dogshit company. Professional shorts figured that out, and shorted it.
Somebody naked shorted it, too. That allowed the conmen on Reddit to pump their story.
But those shorts covered long ago.
As far as the crypto angle, I guess selling computer games is not such a great business, so they are now selling something totally different.
I hope some crypto (and PRIVATE) alternatives do well, but most of them have gone to shit, and the wallets won't be anything worth having if the cryptos aren't being used because people lost their ass the last time.
Melvin may have closed/covered some their shorts - that’s why they have posted nothing but losses and closed the doors. How much do want to bet Citadel and others have neither closed nor covered....?