Unless you’ve been living under a rock for the past 48 hours, then you’ve likely heard of thousands of Reddit users turning targeting short-sellers by buying a ton of Game stop, AMC, and Nokia options, which forced short-sellers to buy shares to cover their losing bids.
Things got even crazier on Thursday when popular sites like Robinhood restricted users from buying anymore of those stocks and only gave them the option to sell to stop this crazy transfer of funds.
Now, LaVar Ball is in on the action and telling everybody to not sell their AMC stocks while the big wigs try desperately to manipulate the market and stop themselves from losing anymore money.
The CEO of Big Baller Brand made this proclamation on his Cameo account:
Shares of both AMC and Gamestop are down considereably as many more apps have joined in to stop users from buying more of it.
This is a moment that will be remembered and talked about forever.
