Gamestop a scary stock?

Or is it a classic pump and dump scheme?

After Wednesday big fall from $340 to $198, I'm sure it has caused a lot of "paper hands" to exit their positions.

I'm not sure why but I get a weird sense of confidence when the share price went up to $260 in minutes after the big dip and 7 halts!

I suspect this is a form of manipulated attack from the institutions or some robot auto-selling.

Sound crazy eh? I don't think so.

It was trading steadily and some minor spikes to $340. A classic pump and dump scheme wouldn't drop $150 in just 15 minutes.

And in that 15 minutes, there were already 4 halts. How is it possible that this was just a "take profit" scenario?

It's clearly a coordinated attack to create fear And uncertainty.

Right now GME despite the big drop, it's still trading higher than Monday.

Is this a sign to continue holding? 

I'm definitely holding it but maybe not to the moon.

Will be exiting half at $380.

Let me know your thoughts in the comments below!