Some shady shit going on in the market today.
GME has demand is way too high for supply to cover and the price tanked today. That frankly defies all logic.
Stock Research - Fidelity
Not to mention...
The market isn't feeling GME. The volume of trades has been super low, lower than the last week by a large factor.
GME - Gamestop Corp Stock Interactive Chart - Barchart.com
I suspect a large majority of trades on GME today we're just coordinated ladder attacks trying to stir panic in retail investors.
Also weird seeing all the financial media saying Reddit is moving on to attacking Silver... I haven't seen a single post on r/WSB talking about Silver. And precious metals are the antithesis of what Wallstreetbets is about, too stagnant of a resource. You use precious metals to hedge bets / keep your investment up with inflation, not to make money. It's a retirement style buy you'd expect to see from boomers, not a millennial big gamble. And WSB is all millennials betting big.
I think GME was once in a lifetime. Don't think we'll see that level of over-leveraged shorts ever again after retail showed it's willing to squeeze the big guys like that.