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$118? That's daylight robbery. It must have been the lowest point of trading today. In fact, when I look at the stock chart on Yahoo the lowest value $GME had
by ZephyrBlu 6y ago
$118? That's daylight robbery. It must have been the lowest point of trading today.
In fact, when I look at the stock chart on Yahoo the lowest value $GME had was $126!
https://finance.yahoo.com/quote/GME?p=GME https://finance.yahoo.com/quote/GME?p=GME
- mortehu 6y agoForced selling doesn't just happen arbitrarily, but precisely because the price is low. Long positions using borrowed or unsettled funds are similar to shorts in that they can be squeezed, just in the other direction.