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- Joined
- 12 Dec 2006
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- 1,382
I'm not sure if this would be dropping as much, if all the retail investors weren't being blocked or restricted...?
Yeah I expect the big boys are stopping play again, loads of people on eToro that are complaining they can no longer buy.
The whole market is ****** though, I'm chucking money into my usual portfolio and buying the genuine dip
Hedge funds have won as expected. The volume really dropped off towards the end of last week with all the broker's limiting buying. Without any buying pressure or gamma squeeze pushing the price up any shorts left can hold for a long time and people will be trying to recover as much capital as possible. It's retail vs retail atm and the paper hands will winout.
Edit: I'd seriously be considering shorting now, although would wait until after RH etc allow buying just incase.
isn't low volume is good in that lots of people are holding?
they will keep trying their tricks to bring the price down and scare people, but as long as enough keep buying in, and everyone just holds then it's an "easy" win?
Just my usual green energy portfolio, NIO, Plug Power, Geely, 3800.HK among others.What you going into
Yes, it's an easy win as long as people buy. The longer this goes on without people being able to buy, the more people will get nervous and sell as they see the price dropping, causing the price to fall further. The same as the buying frenzy we saw last week we'll see a selling frenzy - pure psychology of the market.
Holding is no longer good enough since it hit $480, there would have been many positions opened up at that point so it needs to get back up there to make a dent. The war was won as far as I can tell when it pumped to $480, then fell to $130.
Can't even imagine how sick people who have sunk life savings on this must feel, but then it's hard to sympathize.
Can't even imagine how sick people who have sunk life savings on this must feel, but then it's hard to sympathize.
A lot of people think GME is going through a short ladder attack.
I got in for quite some cheap numbers so I'm holding strong.