LogFAQs > #951561152

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03/10/21 1:28:51 PM
#255:


red sox 777 posted...
IMO the price action an hour ago on GME probably was not a "dump" because any fund that sold like that would be acting quite stupidly driving the price down on themselves before they sold all their shares. The way it was going they could have sold the shares sold during that block of time north of $300 pretty easily by gradually selling. They aren't stupid enough to submit a huge market sell order.

Unless they are aiming to shake out retail investors, accumulate and dump again

A move that ridiculous is usually a psychological ploy of some sort. You see it all the time in smaller caps. They just don't have as much eyeballs on them.

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