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During the GameStop trading frenzy in January 2021, it was revealed that not only day traders, but also wealthy players held long positions. The involvement of these players in the upward wave and whether it was a "pump and dump" scheme is still uncertain. Read more in my article.
@IPEwithSBB - Sasha Breger Bush
Just like last time. From my article on #GME in 2021: "Another apparently open secret: that the long positions in GameStop during that crazy trading week at the end of January were not just held by day traders. Some very large and very wealthy players also rode the wave upward, drafting the day traders to turn big profits. Whether this was a “pump and dump” scheme, and who may have been involved, remains to be seen." …andsense.org.user.s436.sureserver.com/blog/2021/02/g…