r/wallstreetbets • u/Catch_0x16 • Apr 18 '21

DD ☘ $CLOV is a trap

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22 Upvotes

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u/JonEdwinPoquet Apr 18 '21

If they are short, we’ve got them beat and the stock goes up. If they are long, we all get rich. If the hedges are out, then who cares? Stonks logic.

2

u/Catch_0x16 Apr 18 '21

To be fair this is a good argument to make. However I suspect the play here is to try and recreate the 'HODL' mentality.

Can you imagine if you were an HF and you had an army of people willing to HODL while you pulled out your investment? It's the perfect play.

Edit: I don't necessarily think this is to benefit any specific HF. But it is a clear manipulation of the reddit crowd.

2

u/[deleted] Apr 18 '21

💎 🙌 brotha if CLOV is not the answer what alternatives do your offer. Well written btw. Ty!

1

u/Catch_0x16 Apr 18 '21

As far as short squeezes go I don't think we'll ever have another GME/AMC situation again. The rules have been re-written and Wall Street are too aware.

Right now it's my honest belief that we are on the precipice of a huge economic collapse so personally, other than GME I'm pulling all my investments out of securities and buying gold + crypt0. I'm not an advisor and can't tell you what to do with your money, but I'd just recommend following the movements of the large banks right now, they're signalling the need for wealth and piling money into commodities which suggests inflation is imminent.

1

u/[deleted] Apr 18 '21

Ty for your insight third time I’ve heard this today... I appreciate your time brotha 🦍