There are people on reddit with the morals for a snake but they may also be on the verge of homelessness due to following RC. We knew much of this BIG NEWS was planted by them.
I'd wait to see if anything is true.
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It's also called pump and dump and RC taught the kids how to do this: basically it is the bagholders trying to find new bagholders. RC reamed them royally.
It is called the Great Fool Strategy and tries to su---r new investors in so the older foolish ones can cash out and no lose so many bucks. It's an old trick.
You can only deduct $3000 of those losses, by the way. That's been all over convos!
Go ahead and buy some stock then-----or better yet donate the money to charity, at least you can take a tax deduction.
LOL.. Ya.. people are trying to make a quick buck. Happens all the time with bankrupt companies...