4 ms·
It's not easy to generate the kind of momentum you need to pull off something like what's been happening. WSB has been pushing GME for months. Then things got h
by ssharp 6y ago
It's not easy to generate the kind of momentum you need to pull off something like what's been happening. WSB has been pushing GME for months. Then things got heated with them and the major shorts, it brought more attention to it, and GME shot up quite a bit. That amplified the story even more, which brought it more demand for GME. That cycle has just continued, building more and more interest each time.
I don't believe the story has come close to reaching its peak yet either. I suspect there will start to be some major headlines still this week, which will bring in more speculative interest.
Then, at some point, the story fizzles. The gains stop and the price will collapse. It's going to be an interesting week or so watching this all play out.