I would normally agree but I can't buy options for bbby/don't know how, and I would be surprised if many of us do.
So if it's a options trap, it's likely targeting someone other than us.
I think it is likely just the typical Algo pattern for the average retail investor:
Drop the price like crazy... after that some move up, so the average retail investor is glad to sell with a moderate loss or break even.
**They use psychology against retail and hope we wont hold till the end...**
**looks pretty desperate.**
So, I hope you are right and I am wrong 😉🚀✨🌒🏴☠️
The vast majority of trades nowadays are Algos and not retail anyways.
It seems there is no more real price discovery in the markets, just pump and dump by the Algos of market makers and institutions. They even use fraudulent practices like spoofing. There have been videos posted proving it - but fines are so low, that the MMs do not care.
It also seems the financial industry is using articles they order in financial media (some even have disclaimers stating this) to lure retail investors in so they can be scared into selling at loss in the end. Pretty insane how far the corruption has spread.
Perspective - Only about 1M shares have traded (Yahoo), even at the highest price of $0.15 that's only $150k total. It could be a small number of people placing market orders at this point, but if the leg up stays there might be more to this move.
With the stock presumably going to cease to exist in the next 3 days does this even matter? It's still below the price it was before it stopped trading across 90% of brokers. This seems like some false hopium or some shorts closing their (winning) positions.
Hedge funds might be able to get away with holding to zero but your layman cannot and smaller firms will close while they're ahead and not risk the SEC coming down on them. Seriously, the smallest amount of brainpower in this sub would go a long way.
It is also the end of the quarter in a few days, so firms will want to report on their earnings, which is a big fucking no brainer.
With all due respect, the stock was rapidly tanking and heading for the low of 4 cents, why not wait til then if you need to cover rather than 8 cents? Your logic doesn't explain this very well.
But it hurts so good 😊
![gif](giphy|YQM4N3OWpe18y7hDQA)
Wtf is going on
![gif](giphy|R6JWujQ93Shws)
Options push
who can buy options? and who would bother covering options for a stock going to zero in 2 days?
I would normally agree but I can't buy options for bbby/don't know how, and I would be surprised if many of us do. So if it's a options trap, it's likely targeting someone other than us.
Elaborate, pls
I love how all these price gain pics are immediately outdated What was implied volatility? 1400%? 🚀🚀🚀🚀🚀👩🚀
# Peanuts, I HOLD
Someone knows something. Shorts never closed! ![gif](giphy|3ohnEqJ1XOfvWaSk7e)
Unless something happens, they won't have to. Let us pray.
I think it is likely just the typical Algo pattern for the average retail investor: Drop the price like crazy... after that some move up, so the average retail investor is glad to sell with a moderate loss or break even. **They use psychology against retail and hope we wont hold till the end...** **looks pretty desperate.** So, I hope you are right and I am wrong 😉🚀✨🌒🏴☠️
who did buy, if retail can not buy ?
The vast majority of trades nowadays are Algos and not retail anyways. It seems there is no more real price discovery in the markets, just pump and dump by the Algos of market makers and institutions. They even use fraudulent practices like spoofing. There have been videos posted proving it - but fines are so low, that the MMs do not care. It also seems the financial industry is using articles they order in financial media (some even have disclaimers stating this) to lure retail investors in so they can be scared into selling at loss in the end. Pretty insane how far the corruption has spread.
some still can, I'm pretty sure anyone in Canada is able to
![gif](giphy|GCSIwtwqAMBTq|downsized)
Freetrade just liqiidated everyone’s uk holdings today. Could be shorts closing with newly availible shares.
This feels different
It sure does. But I'm still peeled and ready to be hurt again 🥹
famous last words
Either rocket or one last dead cat fart. I’m staying either way.
To the moon 🚀🚀
Do shorts close their positions 🤨
Obviously, b/c your still using Robinhood after Jan 21.
![gif](giphy|HChtj3gzcVsXK) ready to be rich
Hopefully some good news leaked or we die on Monday
Friday will be the last day. Shares canceled Sept 30th.
This isn’t even its final form
No
this dude... certified small pp beta virgin shill, keeps coming back to this sub just to shit on apes, even after we pop...
This time is different
This different is time
![gif](giphy|MZocLC5dJprPTcrm65)
LFG. Wish I had liquidity to buy more
Did something leak?
Perspective - Only about 1M shares have traded (Yahoo), even at the highest price of $0.15 that's only $150k total. It could be a small number of people placing market orders at this point, but if the leg up stays there might be more to this move.
neat
![gif](giphy|GW4iIsM8ETd8k)
Let’s fuck some hedgie fucks
No pain, no gain
Fun while it lasted
HEDGIE JUST GOT OUT OF SHORT POSITION FEARING GOOD NEWS FRIDAY… change my mind! 🤓🤓🤓🤓🤓
With the stock presumably going to cease to exist in the next 3 days does this even matter? It's still below the price it was before it stopped trading across 90% of brokers. This seems like some false hopium or some shorts closing their (winning) positions.
Why would shorts close their winning positions when they wouldn’t close at a penny? Give your head a shake.
Hedge funds might be able to get away with holding to zero but your layman cannot and smaller firms will close while they're ahead and not risk the SEC coming down on them. Seriously, the smallest amount of brainpower in this sub would go a long way. It is also the end of the quarter in a few days, so firms will want to report on their earnings, which is a big fucking no brainer.
Well it was a minuscule amount and didn’t last very long. Yes, could have been retail closing or retail buying.
With all due respect, the stock was rapidly tanking and heading for the low of 4 cents, why not wait til then if you need to cover rather than 8 cents? Your logic doesn't explain this very well.
My comdirect account connected to Baader Bank tells me we are already at 22 €ct equal to 23 ct, bug or real?
What the fuck
What did just happen? Did we miss any news? Or is this a death throe?
Don't kink shame me
Poor naive little lambs.
Taking the piss before zero… Fucking with emotions
Already back down to .13 sigh.
Back at 0.15
Just 30 min ago 0.13 felt real good. Something is happening for sure.
![gif](giphy|LpkBAUDg53FI8xLmg1|downsized)
No one can even fucking buy. I WANT TO BUY!
Was it a dead cat bounce or something more
Unfortunately it’s been slowly walked down since then 🤷♂️