Before this event there were a lot of smart cats on WSB...they were just addicted to high risk options plays... now that the sub has quadrupled in size in a week most members don’t even know what a fooking derivative is...and the smart ones are diluted into nothingness. the OGs got in on this while GME was around $30 still and will clean up no matter what. The rest are currently feeling extremely desperate and the denial is almost palpable.
Theres no reason to doubt this yet. If they didnt theres going to be a shitstorm. The real question is did Citadel bail them out or just cover their margin req.
This is live nin 2 minutes All the texts are people saying how much they are down, some big numbers...but the show title is WSB vs THE SUITS: FIGHTING BACK!! fighting is also about tactical reteats
Breaking news . Brokers restrict short selling , gme, amc and 5 other stocks. Those short will only be allowed to cover/close existing position. What a scam man
I am listening to this stream from WSB He is good at highlighting(pumping)stocks. but no clue on how to manage trades His audience is in a small panic asking what to do with their underwater positions He has no solution expect to hold, nothing about stops, money management or hedging strategies His audience, based on their questions are novices
WSB is on you tube and for $5 he will read and answer your question in the room Can you say Carnival Hawker
he has been talking about CCIV stock and it has rallied $2 in a half hour If you daytrade stocks ...he does get his people to flood with buys...worth to follow these 15 minute pops