Stock Market đ đ so much going on learning as I go along...
We donât know whatâs happening we wanna a piece of it at least I want a piece of it this stock market small people retail buyers having the hedge fund managers running to the hillsâŚ
Listen I never really looked into stocks which I should have obviously đ.
With the pump of GameStop by the Reddit subReddit, I guess thatâs what itâs called Wall Street that they started talking about GameStop and how because of Covid it basically was dying down and they didnât want it to go ahead and die down so they wanted to go ahead and do work I guess the cold like a charity right so what turned out to be trying to help out a company turn out to be the stock market manipulation in a sense that the reach of buyers such as us I would assume are buying up the stock market at whatever the price it is right so essentially you are raising the price not organically⌠But âWe Love those stocksâ
Short Squeeze
As I said Iâm learning along the way I just found out what a short squeezes itâs probably a made a word by the stock market or people are that are into stocks but I know what it is now and that is Essentially what they did or what happened to GameStop and what theyâre doing to other smaller stocks right.
I opened up a Robin Hood account and they closed the by orders for GameStop and there are other shares. I decided to just stick with my Webull account and they did not close anything I was able to buy and sell Iâm still able to buy and sell I am into AMC at the moment because they are planning a short squeeze haha right on Monday I guess because the short sales of the hedge funds are due to expire on Monday.
According to WallStreetbets and then whateverâs going on around the stock AMC needs to close above $9 so what we want to happen on Monday is we can raise the price up to $1000 per share itâs very unlikely because the people that are shorting the stocks are huge institutions with very very deep pockets, and very very connected still I am riding the wave.
My 15 AMC stonks
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BEER.Man that whole thing was crazy. Not only the stonks did they manipulate, but damn at dogecoin, lol! I had taken profits from the last little pump and wasnât even looking at it, lol. But when I tried to get in, Robinhood wouldnât run the order. So I cashed out and removed the app. The people started taking too much of their money, lol. So they took their ball and went home, lol!