Robin Hood just ended trading on GameStop and AMC

[Anonymous]

You started by saying gamestop was instrinsically.overbalued and used that one data point to then create your pump and dump narrative. But it was always a short squeeze.

[Anonymous]

Anonymous wrote:You started by saying gamestop was instrinsically.overbalued and used that one data point to then create your pump and dump narrative. But it was always a short squeeze.

No. My first post: "Having studied various pump and dump schemes around the year 2000, I would not assume for a minute that the money is irrelevant to the people sucked into this. I would put good money that the first people in are running a scam and killing a hedge fund is just a way to attract more rubes."

[Anonymous]

The latest Finra report is out for GME.

SHORT INTEREST
21.41M 01/29/21

This 1/29 is the settlement date, which means this represents the trades as of 1/27.

So the post mortem is that Robin Hood did not blow the short squeeze. They had already closed out their positions two days earlier.

On the other hand, WSB convinced these small investors that the short interest was much larger than it was. People got conned. It was a ponzi scheme after all.

[Anonymous]

And of course everyone slinks away while the bag holders contemplate bankruptcy.

[Anonymous]