While some people may be into it for the money, many are willing to lose some in order to hurt Wallstreet more.
The solid analysis was that WS had shorted more GME than existed. They HAD to buy back at high price. Once that caught on, momentum buyers then were looking to flip 100 into 200, but the original surge was backed by good info.
Now that the cat is out of the bag, lots of normies are buying in because they want to hurt WS more. They don't care if they loose 200 if it costs WS millions.
At some point, it will go down, and money will be lost by regular people. We still will have won the war. And hopefully some of these crooks will be behind bars for their corruption and manipulation (RobinHood)
While some people may be into it for the money, many are willing to lose some in order to hurt Wallstreet more.
The solid analysis was that WS had shorted more GME than existed. They HAD to buy back at high price. Once that caught on, momentum buyers then were looking to flip 100 into 200, but the original surge was backed by good info.
Now that the cat is out of the bag, lots of normies are buying in because they want to hurt WS more. They don't care if they loose 200 if it costs WS millions.
At some point, it will go down, and money will be lost by regular people. We still will have won the war. And hopefully some of these crooks will be behind bars for their corruption and manipulation.
While some people may be into it for the money, many are willing to lose some in order to hurt Wallstreet more.
The solid analysis was that WS had shorted more GME than existed. They HAD to buy back at high price. Once that caught on, momentum buyers then were looking to flip 100 into 200, but the original surge was backed by good info.
Now that the cat is out of the bag, lots of normies are buying in because they want to hurt WS more. They don't care if they loose 200 if it costs WS willing.
At some point, it will go down, and money will be lost by regular people. We still will have won the war. And hopefully some of these crooks will be behind bars for their corruption and manipulation.