Quote (BlemBlem @ Jun 20 2021 01:15pm)
Actually never been on Reddit I seen what was happening while I was on the sidelines so I dug deep and seen what is going on so I joined in at $12…. Don’t worry after we rape the hedge funds on this meme stock your growth stocks should gain some traction after they go bankrupt
Whether you go there or not the information you're getting is originating from there. You're using their lingo and are just posting a copy and paste of their talking points. You don't really know what you're talking about, you're following. And that's fine! You can make a lot of money on momentum trading, and knowing who and when to follow are valuable skills.
But don't pretend you're somebody who did their own DD and came up with a thesis that you're sticking to. Because you aren't.
Quote (Jetfire91 @ Jun 20 2021 01:14pm)
6 months later....still not $2 lol they aren’t gods
Indeed they aren't. Hedge funds can be manipulated same as everybody else, and they can get greedy and lose a ton of money same as everybody else. I'm just saying to look a bit deeper and understand what assumptions are necessary to your theory. In this case, if the theory is a short squeeze, it only works if shorts are under-reported by at least 5-10x. Otherwise it's just a regular retail pump.