Gamestonk!

[counter_violent]

Retailers battling hedgies ! or hedgies battling hedgies using reddit retards as a smokescreen.

Carson Block Suspects Hedge Fund Coordination in Short Squeezes

(Bloomberg) -- Carson Block, the activist short-seller famous for targeting Chinese frauds, recognizes familiar behavior in the rally of shares such as GameStop Corp. To him, the parabolic moves look less like the product of Reddit-driven retail orders than a short squeeze by hedge funds...

finance.yahoo.com

 

[new_trader]

But if Block is right, what seemed like a history-making retail uprising last week was just as much a convenient smokescreen for internecine hedge-fund warfare.

There is absolutely no doubt in my mind about this.👆

 

[Big_P]

"We have also made the difficult decision to temporarily suspend new trading on GameStop and AMC Entertainment. We fundamentally believe in empowering our clients and enabling them to trade what they want, when they want, how they want. This decision has been entirely motivated by our desire to ensure our platform and services remain fully operational for existing clients, as we prioritise giving you the best service we can."

This was IG's excuse for stopping trading on GameStop and AMC.

It's pretty pathetic.

 

[postman]

GameStop Corp. (GME)​

NYSE - NYSE Delayed Price. Currency in USD
225.00-100.00 (-30.77%)
At close: February 1 4:00PM EST
128.36 -96.64 (-42.95%)
Before hours: 8:51AM EST

Being given out free with each new share purchase, so you have something to hold.

 

[dr.blix]

Not really surprising to see the price fall when buyers have been removed from the equation, you sort of need both parties involved.