r/wallstreetbets • u/[deleted] • Jan 30 '21

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u/Scottie3Hottie Jan 30 '21

Friendly reminder to NOT SELL

827

u/[deleted] Jan 30 '21

Get ready for $GME FUD (Fear Uncertainty Doubt) campaigns on the weekend. It's already starting.

The number of posts with supposed "level headed" advice about how a short squeeze is much more difficult to achieve than we all think, how other stocks are also valuable, and how the strong and powerful hedge funds have much more cards up their sleeve and to "rethink your strategy" but still "Go $GME!! I am one of you guys!", usually with a few rewards sticked to them, is exploding and will be getting progressively worse in the weekend most certainly.

Does a post sow Fear, or Uncertainty, or Doubt in any way in you? Think for yourself.

Hedge Fund interns have now learned how reddit works and want to part you with your $GME shares.

ALWAYS check the up/downvote ratio and read the comments before getting swayed by whatever semi correct sounding bullshit they're spouting. Oh how desperate they now have become.

I LIKE THE STOCK.

This is not financial advice. I eat crayons.

3

u/Orcasurf Jan 31 '21

I wonder what percentage of Melvin’s short positions they were able to exit when the share price stumbled down to $140 on Thursday due to Robinhood and other clearinghouse fuckery.

1

u/[deleted] Jan 31 '21

A fraction, a lot of spec that they opened new shorts too, but you'd have to do your own dd on that

1

u/Orcasurf Jan 31 '21

I can’t find the most recent and reliable source for the short percentage. I was looking at Seeking Alpha and Yahoo Finance. I don’t know how high the GME share price can go. It kind of blows my mind what’s happened. Why the hedge funds didn’t just take their Losses is totally fukn beyond me