GME and AMC are center stage this week and people are taking notice!! Will this start the squeeze?
Manage episode 313561597 series 3275940
They can keep referring to them as "Meme" stocks and calling everyone on Reddit Day Traders but the world is starting to wake up and take notice. If these were just some joke stocks that were getting pumped and dumped by day traders this would have been over months ago. While everyone else was laughing and thought this was just gonna go away the Diamond Handed apes on Reddit have continued to buy more shares on top of not letting go of the shares they have. This is about to explode all over the hedge funds and this time they don't get the chance to bankrupt a fully viable company which is what usually happens when they short companies. Causing people to lose jobs and lose their businesses and lifesavings. But Reddit took a stand and said not this time. Not these companies. This time it is the hedge funds that will have to pay up.
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Robinhood
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Coinbase
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