With all the talk about the Gamestop stock activ
Post# of 147668
With all the talk about the Gamestop stock activity, went yesterday to WSB (https://www.reddit.com/r/wallstreetbets/) for a couple reasons: -curiousity, - intending to see if CYDY was being mentioned and how (not sure if I know enough to want it to be next or not), and, admittedly, to see what stock was next on their playlist.
Didn't find anything too juicy on either of those fronts.
Did come away with some impressions:
-Many posters expressed outrage at the shorts, hedgefunds, 'manipulators' (and how they have been allowed to hurt the little investors) and now at the platforms (e.g., Robinhood and TD) that have today only allowed the selling (and not the purchase) of the GME and AMC type stocks.
-Common theme is that they are Main Street finally having the opportunity of pushing back and making some of the money previously denied them. Seeing many posts talking about getting their cars fixed finally or having the bucks to pay rent. Only the occasional mention of early retirement. Repatedly saw the mention of being able to do some good for the world (get the bad guys) while being the ones to make $.
CYDY has its own sub-group with 396 members, hundreds of posts and looks to be occasionally mentioned on the main board. The posts I read are primarily that it is an amazing treatment/ potential long term investment, is waiting for covid P3 trial results, and/or that it has been pounded hard by evil shorts. A few posters are calling on the group to get to work to 'stop the shorting' of CYDY.
Trying to stay objective but have to admit- I ended up admiring many. They might have a scuffle ahead with some powerful entities but their (general) motivation seemed to be quite honorable. Again, just not sure I know enough to hope CYDY is involved in it or not. Since it is not available through Robinhood- it may be a mute point- but might be after uplisting.