I unfortunately fell victim to one of the wallstreetbets short squeezes as I had a good amount of shares sold short in Bed Bath and Beyond (ticket symbol BBBY).
Thankfully all that I lost was profits from 2020 with a cushion still remaining but now that I've seen the true power of people coming together and trying to stick it to wall street I might try to jump on the next stock target.
Tonight I took a stab at that and purchase a meager 14 shares of First Majestic Silver Corp (ticker symbol AG) because I saw an article on Yahoo Finance saying that there was a post added late in the day today to the WallStreetBets reddit posts stating that a short squeeze for silver was their next target with the silver miners like AG in focus.
It wasn't until the after hours that I saw this and I purchase 14 shares at rather high prices for AG stock already but I figured for the amount of money I was putting in it would be fine if the experiment didn't pan out and I lost little bit of money but let's say the stock does begin to surge like GameStop and AMC just did this week then maybe my 14 share might make me enough money to support my spending habit on Splinterlands, wishful thinking anyway! =P