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.
LOL.
So far ...
I said at $400 that it would crash back down. I was right.
I said pre-split that the split would not matter, in terms of future price. I was right.
Maybe you guys will be proven right in the long run, but I doubt it because the Reddit touts are pushing a bullshit story.
They also push AMC and BBBY. Today, BBBY is down 40% in one day.
Just pointing out the obvious to those who are don't understand that the story is not real.
P.S.
I REALLY don't give a shit about what YOU do. Since you are touting this bullshit, if you lose money, I would smile.
But I point all this out for others on GAW who are reading about the "GME story" and it's offshoots (including BBBY), don't really understand the markets, and are falling for the bullshit artists who are touting this story.
WSB is the only place I've seen push BBBY. At this point, that is just a gambling sub. SuperStonk and GME are the best for information about GameStop.
I'm willing to wait as long as it takes. Right now approx 55% of the free float is DRS'd with official numbers coming out in about a month. GME isn't a get rich quick scheme, it's a movement. Be a part of it or don't. The world will be a better place when everything comes together.
We agree on that.