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It just needs (a) enough time since the last crash and (b) some kind of announcement to get the speculative ball rolling. In this case it was the PayPal announc
by shrimpx 6y ago
It just needs (a) enough time since the last crash and (b) some kind of announcement to get the speculative ball rolling. In this case it was the PayPal announcements. And I think a third factor could be day traders getting bored with the dwindling growth of speculative stocks like TSLA, NIO, etc., and looking to speculate on greener pastures.