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Friday, January 29, 2021

The real 'Wolf of Wall Street' reacts to Robinhood's move

For shame, he thinks everyone is stupid but himself.
While everyone and his brother is predicting doom and gloom for these retail investors working GME stock, the truth is; if anyone bothered to look, much different than they imagine.  You see, most of these investors don't hold very much stock. Robinhood allows them to invest in fractional shares, so you can put in a dollar or 10, or any amount you can easily afford to lose if things were to go south.  But it's very unlikely things will go south because the short-sellers are stuck with forced demand, while shareholders are under no pressure to sell since they can easily afford to lose what they hold.  It's a recipe for disaster for anyone who comes to the aid of the short-seller(s).  

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