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Started By
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How many Reddit posters are telling you to buy while they sell??
Posted on 1/28/21 at 11:41 am
Posted on 1/28/21 at 11:41 am
The price of GME is not sustainable. When the shorts cover there is no market for these shares above $20. Posters know this.
10
Posted on 1/28/21 at 11:42 am to JDGTiger
Posted on 1/28/21 at 11:43 am to JDGTiger
You are clearly on the wrong side. Stahp
Posted on 1/28/21 at 11:43 am to JDGTiger
Not many. They are doubling down and pissed off kids.
Posted on 1/28/21 at 11:44 am to JDGTiger
quote:
When the shorts cover
Isn't this not even close to happening?
Posted on 1/28/21 at 11:45 am to JDGTiger
Is your name Scott Wapner by any chance?
Posted on 1/28/21 at 11:45 am to JDGTiger
Not many at all. The frickery has only increased their determination to hold.
Posted on 1/28/21 at 11:46 am to JDGTiger
I think this is where funds (hopefully) went wrong.
Your OP is right, greed and looking out for the individual would’ve won out under normal circumstances and Reddit would’ve taken their profits. Sure some martyrs would’ve stayed in for “the cause” but most people wouldn’t.
But funds got scared and are trying to change the rules of the game. Now people are digging their heels in. People who would’ve taken profits are going to say frick it, this is about more than money. I think they’ve mobilized and United retail, when it would’ve probably died down on its own
Your OP is right, greed and looking out for the individual would’ve won out under normal circumstances and Reddit would’ve taken their profits. Sure some martyrs would’ve stayed in for “the cause” but most people wouldn’t.
But funds got scared and are trying to change the rules of the game. Now people are digging their heels in. People who would’ve taken profits are going to say frick it, this is about more than money. I think they’ve mobilized and United retail, when it would’ve probably died down on its own
This post was edited on 1/28/21 at 11:47 am
Posted on 1/28/21 at 11:46 am to JDGTiger
Friend,
A worthwhile point to consider. Some of the posters even here sounded an awful lot like Ponzi scheme ring leaders, telling us to ignore common sense and push stocks skyward. Sure, not everyone who pushed these stocks did that. I believe many truly believed they were part of an important revolution to end the autocratic hegemony that is purported to exist over Wall Street. In the end, business is business and emotions have been far too involved.
Yours,
TulaneLSU
A worthwhile point to consider. Some of the posters even here sounded an awful lot like Ponzi scheme ring leaders, telling us to ignore common sense and push stocks skyward. Sure, not everyone who pushed these stocks did that. I believe many truly believed they were part of an important revolution to end the autocratic hegemony that is purported to exist over Wall Street. In the end, business is business and emotions have been far too involved.
Yours,
TulaneLSU
Posted on 1/28/21 at 11:55 am to JDGTiger
the guys posting the hold memes prob never even owned any
Posted on 1/28/21 at 12:40 pm to JDGTiger
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