/biz/ - Business & Finance

>DO NOT TRUST ANYONE WHO SUPPLIES A DATE EVEN THE MARCH 19TH SHIT
let me explain this shit to you redditors. GME is literally BY DEFINITION a pump and dump, and its the biggest one out there and it hasn't even reached critical mass because it would crash the market tenfold.

The problem with GME is that you fuckers think its either a movement or a long investment when in fact (1) 200% of the shares are owned by institutions and THEY are the ones that can make or break the squeeze, not redditors, (2) no matter how bad a crash is, the rich always gets richer because they can pull money out of thin air and this is not a joke, google "Rich Bailout".

If you want to make money, good for you, who the fuck doesn't. This is not a good vs evil, this is greed vs greed and both sides are thinking its bigger than that. As for the dates, this is the 7th deadline I've seen and each time is passed, a new excuse is made. This is not a HODL stock, this is a pump and dump stock

Anyone, and I mean ANYONE who bought into GME early will sell at the first sign of 20-30% gain or higher. People who bought at 40 bucks, have already cashed out at 150-190 and they either went off or rebought at the dip. Thing is, GME in the end will NOT go back to these values once the show is over because GME's actual price is nowhere even 20 bucks.

This is not a FUD post, this is a reality check. Do what you want with this stock but make sure you take profits. The entire squeeze can only be triggered by institutions and retail owns literally less than 1%.