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Agreed that it's been a number of factors coinciding. (Granting the usual caveat that a lot of the content there is satire...), there sure are a lot of posts t
by jddj 6y ago
Agreed that it's been a number of factors coinciding.
(Granting the usual caveat that a lot of the content there is satire...), there sure are a lot of posts there also making reference to dreading offices opening back up, because they won't be able to be at home playing the markets with a beer in hand.
While I think people are putting in significantly more than just their trump money, I have to think that giving paid workers the direction to "stay at home, don't do anything, PS. No sports" could have a significant effect on the price of these meme stocks when applied across most of a nation the size of the US.
It smacks of the altcoin hype, where momentum was the only indicator.