2 ms·

There are many posts there with sizable investments, up to $1M. A few of those + thousands of smaller trades can definitely move the price. Think 50k people inv

• Traster 6y ago
  I'm not saying there's definitely only a handful of people actually driving the price. What I'm saying is that I don't think we have any real evidence about the number of people really involved, the level of their investment. The only evidence this article is presenting is literally just taking reddit comments at face value. This situation could likely have been created by a single ballsy hedge fund if they wanted to, with the comments on reddit being entirely fictional.
  • jiofih 6y ago
    That would be really easy to spot from the volume and order book.