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[quote=Anonymous][quote=Anonymous]Buy the dip![/quote]

Omg do not do this.  Ultimately the stock is going to crash and burn.  the problem is that the fundamentals of the company aren’t there to support anything like this valuation.  A million redditors got together and decided to use their stimulus money to f’ing bankrupt these hedge funds.  They know GME isn’t worth this.  My god, do not buy at this level.  Don’t short it either.  Unless you have cash to burn don’t touch the stock at this level.  The fact that 160% of GME stock was shorted when this started shows that we need more regulation.  That shouldn’t even be legal.  When there when every share is shorted more than once and the banks start calling in the loans on the shorts, you literally cannot buy shares.  They were trying to cover their shorts in a market where dude bros from Reddit were basically spending their stimulus checks to pump the stock with no interest at all in what happens to that money.  It’s hard for hedge funds to “win” when the other million people don’t care if they lose.  It wouldn’t have been so bad if each stock wasn’t shorted 1.6 times.  These short sellers literally have to buy more shares than exist.  It’s f’ing absurd.  The market is broken and we need regulation.  Don’t take this as me defending the shorts though, they are the “market makers” so they should know what they’re doing. [/quote]

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