Wednesday, February 03, 2021 11:20:03 AM
Melvin Capital and Andrew Left have closed out their positions.
Since WallStreetBets has manipulated the price - it is hilarious that GME was at $483 - that isn't close to a true valuation.
WallStreetBets has caused retail investors to lose a great deal of money and it will become worse - GME is a financial disaster. But they are printing shares so we will see if the insiders have gifted themselves bonuses etc.
It seems GME investors have very little understanding of how shorting works.
I see posts about buying short shares - naked shorting...
IG
Since WallStreetBets has manipulated the price - it is hilarious that GME was at $483 - that isn't close to a true valuation.
WallStreetBets has caused retail investors to lose a great deal of money and it will become worse - GME is a financial disaster. But they are printing shares so we will see if the insiders have gifted themselves bonuses etc.
It seems GME investors have very little understanding of how shorting works.
I see posts about buying short shares - naked shorting...
IG
Get ready scammers. Hell is coming to breakfast.
Recent GME News
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