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re: A summary of what happened today with GME and why securities were restricted

Posted on 1/28/21 at 8:52 pm to
Posted by jimjackandjose
Member since Jun 2011
6529 posts
Posted on 1/28/21 at 8:52 pm to
Its beyond that. They sell off everything after bankruptcy and cause a massive correction in the market. And since no one has money to buy that volume, massive price drops doubling down worse when stop losses are hit.

This shoukdve ended last week with Melvin admitting he fricked up vs citidel backing him and his frickin ego. That ego trip blew the lid off this thing to where every reasonably shorted stock is getting pumped.
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