I recently visited my psychologist, after a few minutes of exploring my mind she sat down and began telling me about her problems. I prescribed a few hits of acid, now she can take a trip and never leave the couch. GME is a mystery to some, to this day it has a lot of people confused. It is no longer a used video game store. Like anything else, be carefull.
Lots of volume at open, the smaller short players of yesterday are scrambling to get out and the buyers are making them pay.
Gonna be interesting to see if this wick that went over $300 today can hold. I'd imagine lots of sell limit orders were triggered
I dont understand the logic of why a short position would remain in there in light of all that is happening?
Probably happening as we speak. The recent announcement caught them off guard. Some of these algos don't read articles. Just imagine what would have happened if the big short was never discovered by the WSB boys and it went under the radar. Probably would be delisted by now and on the otc exchange. How many longtime investors would have been wiped out?
If I see one more ape go on about diamond hands.. This thing just gave every singly trapped long an exit above $300!
Word is quite a bit.. Question is how much does this guy own? Looks like a serious minded investor type. Daddy big bucks.