It’s going to be interesting to see how much that community continues to grow. If they continue targeting large short positions, I wonder if the whole market makes a shift away from shorting. Obviously WAY down the road
Probably will rethink a little. For years the hedge funds have obliviated the retail investors. Some of the WSB folks are very well educated and have done their homework, obviously. They managed to wipe out a few hedge funds recently. Citadel has a LOT of ammo and has stepped in " had to" so it goes to show just how they " ain't nothing to play with". Funny how the tables have turned a little and the shorts are crying like babies. The war isn't over but it has changed the way they play. It will be interesting to see how it plays out this week, that's for sure. The MMs can naked short so most likely that is why it drops after the halt is released. Options expire this week and it will only get more interesting. JMO.
I know! I'm fantasizing about taking a day off (impossible for me right now) just to watch what happens. The guy on Reddit who's sitting on 13 million right now...........
I've seen "AMC" quite a bit on there (which is part of the reason I'm in it trying to take advantage of their shenanigans). I also thought I read somewhere awhile ago that you can't discuss stocks with <$1B market cap on WSB. Is that true?
Pumper. LOL This is history in the making, all eyes on deck. Going to a bloody $$$ battle on both sides, David vs Goliath. Funny part is, its taking the mega warriors getting involved with some very big pockets to compete with some so called basement brats.
We do it here, why not? The big guns are grasping at straws and are embarrassed to say the least. Not fun getting skulldrug on national media outlets.
Todays action.. its make or break. Do they still have the buying power or is everybody already shifting off to BB, AMC and NOK?
Feel like we may be able to reach new 52-wk high this week. Per S3 Partners GME is now a $5.5B short. Link: https://twitter.com/YahooFinance/status/1354086585046863872?s=20