Comment by Retiredape on 07/01/2022 at 22:28 UTC

-29 upvotes, 1 direct replies (showing 1)

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An hour worth of research and elementary logic is enough to disprove your basis for calling GameStop bulls conspiracy theorists.

Many industry experts have validated that GameStop is artificially suppressed and outlined all the illegal shit that citadel regularly does to bully stocks to go their way. Mainstream financial media disagrees, but that doesn't mean much when it only exists to manipulate markets. For example the motley fool is literally a hedge fund with an online publication who's only purpose is to swing stocks in their favor.

It is not uncommon for a stock to be shorted so hard that the company goes bankrupt because market makers can fabricate as many shares out of thin air that they want and play games with options to hide their shady moves. This happens all the time with biotech companies. The only reason GameStop hasn't met the same fate is that millions of retail investors bought and held and are still buying more.

So you have institutions that are paying out the ass to maintain an expensive short position against the success of GameStop who need retail investors to sell to truly force the price down, except they won't sell.

No matter how you cut it GME is fucky. All logic says it should be near worthless right now but it's not. Why isn't it? Because it literally can't be forced down per market mechanics. That's a good enough reason for me and many others to hold. It's asymmetric risk. If I'm wrong I lose a hundred bucks per share. If I'm right I get at a lot more than that per share.

I've left out a lot of details, obviously, but any of your questions have already been answered extensively in the appropriate sub, all you have to do is look for them.

Jk logic, research, common sense, and dozens of industry experts and insiders are worth nothing bc cnbc said that I'm in a cult because it makes their bosses money if I sell my favorite stock. /S

Comment by Retiredape on 07/01/2022 at 22:28 UTC

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