I just did a new post. I would not short now. It is going to crash. But the timing is the key issue. Right now the short positions cannot cover. This is why Robinhood and others are stopping the purchases. Its going to get ugly
thanks I have been reading it. The stock is going to crash. That is a given as it is a garbage stock. The timing is in when the demand starts to drop. But with the manipulation (platforms not allowing trades etc) and the coming lawsuits and BK filings, it will be a circus.
Gamestop didnt do anything. Bunch of people who investigated and found hedge funds with massive short positions on it. They took a grass roots movement and started buying the stock, which generated huge losses for the hedge funds. Hedge funds had to buy the stock to cover their losses which only drove the price higher and increased their losses further.
Ok fuck us. Our GEOTUS has done nothing. Giuliani, wood,Powell, ptttin, et al have โfoughtโ for us. A mild protest in DC results in thousands of fbi agents investigating. Until those we are supporting and who are actually in control support us, it is just words. I will stand up when I see ONE FUCKING TRAITOR ARRESTED
Fuck GA - my home state. Fuck the courts all the way to SCOTUS. Fuck Ossoff, Warlock, Perdue and Loeffler. Fuck Kemp and the SOS and deputy governor. Fuck Dominion. Fuck Abrams. And if I missed someone, I sincerely apologize. I try to be a gentleman and not exclude anyone.
I hope he didn't get in an market open on Thursday 28th. Stock opened at 21.09 and dropped to 14.47 in the first hour of trading...