Hardly anyone will sell you GME stock, rumors are everywhere about this being co-ordinated with Citron etc increasing their short positions.
Unconfirmed reports about Robinhood and TD Ameritrade forcing people to sell "for their own good".
Why has everyone rushed to defend random hedge funds? Do these people have any other ties?
I am not telling you to drop GME right now.
But this scenario is going to absolutely BREAK investor confidence going forward. We're due another market crash, so get out of Wall Street investing quickly.
Alternatively get in on shorting the market. Put options can only lose you as much as you bought them for
I'll definitely consider the option. But for now, my account has been turned into cash. I had even considered getting in on the GME and AMC action, until today's events.
I got in on NOK AMC and BB yesterday unfortunately. And now I'm just gonna hodl until they let retail buy again, selling at a loss now vs a loss a month from now makes no difference.
Once that's over with though, I'm definitely pulling out for put options or crypto
Nokia is in on a short squeeze too? That one surprises me. They have been so low for years now.
They won't let you buy in anymore.