I believe this is a setup. Someone with serious money helped to boost that stock up. It will now be justification to prevent average people from investing in individual stocks. You will probably only be able to invest through funds. Way to prevent individual ownership. P.R.S.
Comments (5)
sorted by:
Why invest if there is no real market?
True, in these markets wise trade only short term and no major overnight holdings.
Someone shared a twatter thread.... they need the individual peons though right ? I mean the whole premise of IPO goes out the window if there aren't avg investors buying individual stonks to fleece right ?
Yes. Little guys are being used as Pawns go buy ghe stock and are left with their dicks in their hands when squeeze is over and stock craters.
Real killing was done by buying options long before the whole op started.
Yeah, the more clever commoners bought also options when they were still available (now trading halted by brokers for retail accs).
But the majority of WallStBetters, esp the newcomers will get torched.