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Some context: WSB believes that there's a short squeeze imminent for $GME, and they've been hyping up/calling for people to buy and hold its shares. As OP poi
by dentemple 6y ago
Some context:
WSB believes that there's a short squeeze imminent for $GME, and they've been hyping up/calling for people to buy and hold its shares.
As OP points out, some members of the media have indeed taken notice: https://twitter.com/jimcramer/status/1352368321212145674 https://twitter.com/jimcramer/status/1352368321212145674
I'm no expert on this stuff by any means--I'm just a casual trader who lurks on WSB sometimes for the latest memes--so instead of trying to (badly) provide more details about this myself, I'll just link to some of the discussions that are spilling over to WSB's sister subreddits:
https://www.reddit.com/r/stocks/comments/l21gpz/infinite_short_squeeze_explained_blue_appron_case/ https://www.reddit.com/r/stocks/comments/l21gpz/infinite_sho...
https://www.reddit.com/r/investing/comments/l2ehsg/lets_talk_gme/ https://www.reddit.com/r/investing/comments/l2ehsg/lets_talk...
EDIT: The Out of the Loop thread: https://www.reddit.com/r/OutOfTheLoop/comments/l2gkpe/whats_up_with_rwallstreetbets_going_private/ https://www.reddit.com/r/OutOfTheLoop/comments/l2gkpe/whats_...