Quite likely.. found this:GME was just a very sophisticated pump n dump. All those dumb Reddit morons have done their shirt ....
"Silver Lake Partners, a large, well known private equity firm held $600 million of AMC convertible debt due in 2024, which was in a dicey spot with the convert price well into the double digits. Well, they acted fast last week, converting the debt into 44 million shares of equity as the stock surged into the high teens, and selling every single share the same day the stock peaked. That’s right, they go from being one of the largest AMC worrying creditors to being completely out at nice profit in a matter of days. Note to Redditers: that’s how you ring the register!"
It's too unfocused (well more than usual anyway) to get hard hits. They ran into pot stocks and pumped them, which then crashed. Just the numbers of people watching now allows it to move things hard.ASX chief warns on GameStop-style trading frenzy
Things have quietened down on the WallStreetBets front, but something tells me we haven't heard the last from those guys yet. I bet there are plenty of disillusioned millennials who now have brokerage accounts and are waiting patiently for the next big thing.
Gme is the gift that keeps giving. Go meme stock.
2021 has been interesting (investing/gambling wise). NFT's seem even more ridiculous. Time to make some shitty jpegs and pretend to be an artist.Go boy!! Just don't be the last one in the pool or you'll go down the way of these little fishies
Drone Captures Eden’s Whale Trap Feeding in the Gulf of Thailand
By treading water and keeping the corners of their mouth below the surface, a flow is created pulling the fish into the whale’s mouthtwistedsifter.com
The inevitable consequence of the democratization of the stock marketMeme Maniacs Have Only Just Begun Their War on Wall Street
This headline sounds like someone ringing the bell to mark the actual or at least imminent top of the market.Meme Maniacs Have Only Just Begun Their War on Wall Street
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