Here's why Lou is wrong...

First of all, it's my opinion...Lou is full a shit."I know people...I'm in contact with people who know...Smarter people than me have told me that"....bullshit. Now to his theory. According to Lou we should stop buying because we are just financing the market makers and diluting the "play". Ok...kinda makes sense right? Since your giving your money to the guys you're actually fighting against right? Wrong. You are buying a real share. It's a real investment, it's in your portfolio and you will pay taxes on it. Unlike with Options money...you are not gambling. You are buying something, that thing now belongs to you. If you go to an Apple store and buy the latest Iphone and later you find out that Apple was convicted to pay millions of dollars in a settlement because they "forgot" to pay royalties to the company that developed the new Iphone speakers...will someone take your Iphone back? No. You can even resell it although it was ilegal for Apple to sell it in the first place. There are rules. As a consumer you are protected...every single share you buy is tied to a contract. Let's not forget something important, we are new money. We are smartphone investors, something completely new in the investment world, our money wasn't in the markets before. AMC and GME were shorted way before we ever came along, the dilution is created by failures to deliver and naked shorts not by real shares that show up in your Portfolio. As long as we don't sell they can't cover and that is mathematics !