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Old 02-01-2021, 11:33 AM   #2510
davew
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Join Date: May 2011
Posts: 22,638
Quote:
Originally Posted by myohmyjustify View Post
You make a good point. There have been lots of money gained in the stock market this past year despite covid 19. If some people are also on the wrong side of the Gamestop play they may now be forced to sell their GOOD trade to pay off their BAD trades.
it is not a bad trade until it is closed for a loss. many of the heavily shorts of GME are closing other things to add cash to their accounts so they can continue to hold their shorts, because they still feel it is under a $10 stock.
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