So much for the "short squeeze" in BBBY, huh?
Down 60% in 3 days.
I hope nobody around here got suckered in by the Reddit touts on that one!
Hard lesson for anyone who did: Short squeezes NEVER go "to the Moon!"
NEVER.
They shoot up, and then they crash back down to reality.
On a post-split basis, GME closed at $38.37 on 7/21/22, the day before the split.
Current price: $34.95.
Like I said before the split, the split won't matter, in terms of future price.
IF they can get their shit together as a company, MAYBE the stock will have a sustained rally. If not, nope.
a) I don't believe you.
b) If you bought GME at $5, and you had a chance to sell at $400, but rode it back down $80 (pre-split), that ain't something to brag about.
AMC is even worse.
With a few trades to get more. But yes.
If you don't understand what folks are trying to do with GME then do you think you understand what people are trying accomplish on this WIN?
Yes, I know all about the bullshit story the touts invented.
I don't believe it.
Invented stories like Pizzagate, Epstein Island, human trafficking, etc? :/
Do you think they aren't being shorted? Or that the shorts are being covered? Maybe it's a deep state op to keep people holding onto shares of GME in hopes that they can keep their eyes off of the real happenings...
None of that has anything to do with GME.
Of course, there are shorts. But the "massive, super secret hidden mega shorts that will totally, like man, bust the system, man" ... THAT shit does not exist.
5 > 80 is bigly winning.
$DWAC $GME $AMC $TSLA $AMD is what I hold now.
I got my GME and AMC late this year; GME 87, AMC 18. DRS is the way.
Not selling is the point when you want to put the hedge funds out of business. If they sold it $400 it would have completely negated what they were trying to do to start with. Continue to create more scarcity by never selling and continue to buy until they're forced to pay outrageous prices cuz they can't get anything
Right. I understand the concept.
I think it is a bullshit story.
Bruh, if you think stocks are still an accurate reflection of the company's status and potential.
You haven't been paying attention at all. It's one giant casino and the house never loses. That's what it is. Retail are the prey the sharks feed on. Please explain to me how we ever got to a place where Failures To Deliver (FTDs) are okay. How is that helping anyone? Oh, and synthetic shorts? That's been happening since before 2003. And you still believe the price of a stock is representative of the company it's attached to?
BBBY will go to above $80. Just wait. It hasn't truly squozed yet.
It went up over 500%. If that ain't a squeeze, what is?
It is now down over 60% in 3 days.
That's how it works.
I am in amc at $17 pre split Gme $100 first time it hit it and never sold. Selling it 400 would have missed the entire damn point of why I bought both. I think you need to relook at why people are doing this and what the time frames are and what the goals are