I guess I'm a stupid deplorable because I don't understand why everyone is over the moon about this games top thing. I don't play markets or anything of that nature. I have maybe 11 bucks in bitcoin. I have always been a bird in the hand is worth two in the bush kind of guy so I guess I am asking someone to explain this new event to me and other pedes on here like we are 5 year olds. Thanks.
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Short squeeze to destroy a hedgefund and make a shit ton in the process pump and dump
How was it discovered it was a hedgefund? I mean why gamestop of all places to put money in??
They did digging and crunched numbers there are more too
Thanks. I dont understand stocks to much to put any money into it. My son has been asking to put some of his money in some but told him he is far too young lol
What does short squeeze mean? Like I said man I'm a stupid deplorable.
There is a good short video one sec I'll link it
https://youtu.be/HblY-PBsY_c
That is awesome and makes me happy
Yes its pretty exciting grab your popcorn they wanna hit 1000$ by Friday
I agree. If you didn't get in on it before it became news, then I would stay away.
The bottom drops out pretty fast after it becomes news on pump and dumps. Hudge funds will spot the tipping point of them and start their shorts. I don't think that they go all in at first, but slowly invest a little at a time based on their risk assessments. You may see something called a dead cat bounce on this one.
https://www.investopedia.com/terms/d/deadcatbounce.asp
Timing