LogFAQs > #950110302

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TopicStock Topic 18
StartTheMachine
01/31/21 1:24:58 AM
#121:


Did Melvin really close out of their position now? My thesis was based entirely upon that they hadn't, so doing something like that would simply be entirely to help their buddies out.

Anyway, it's just a silly conspiracy theory. The real thing that will happen if it gets high enough is the usual race to close positions earlier than everyone else before the inevitable plummet. The whales and experienced traders will do this anyway, and the people who turned $10k into like millions on their first stock will learn the hard way what can happen. WSB will be a sad place that day. I hope I'm wrong and those first time investors don't get fucked...just can't imagine it not happening.

So pointless to hold GME beyond 500 if it hits that again imo because 2x gains are not really THAT hard.

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