Thread: Money Investing megathread extravaganza
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Old 01-28-2021, 01:31 PM   #6869
suzzer99 suzzer99 is offline
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Quote:
Originally Posted by ReynardMuldrake View Post
The people calling it a pump and dump are way off base. This is not a pump and dump. WSB are buying and holding trying to cause a short squeeze. Look at what happened to VW in 2008. The squeeze has not happened yet. If that happens it will be like something out of a movie. Ever see Trading Places?
When one person does it it's a short squeeze. When a crowd does it it's a pump and dump with a side of short squeeze.
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