$BYND gave back all its gains today. Its difficult to short squeeze on such a red day.
I am glad i just watched from the sidelines today.
$BYND (Beyond Meat) is undergoing a classic WallStreetBet short squeeze.
Nice one. Gonna watch how it unfolds from the sideline hehe
Currently up 50% in premarkets
Hell yeah. UpOnly podcast returning because of a coinbase purchasing cobie’s NFT for 25M lol
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I have invested in a small and focussed ticket portfolio to back the creators of the best content in the Arena: GM posts.
No alpha. No threads. No doomposting. No shills.
Just GMs.
"We needed to flush the OI and wipe the leverage longs."
OK, but the market is actually even LONGER than before the crash when expressed as a ratio of longs to shorts. The crash enabled sidelined capital to enter the market at desirable prices and the survivors are more optimistic than before.
The tourists have left.
Guys, don’t ask, repost this 😅
Something weird happened last Friday evening. Not sure what caused the huge crash.
Cross collateral perps?
Market maker failure?
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