2 ms·
Bubbles do pop, and this was clearly a bubble but this was not a popping bubble. This was someone picking up their ball and going home. They can make whatever a
by wonderwonder 6y ago
Bubbles do pop, and this was clearly a bubble but this was not a popping bubble. This was someone picking up their ball and going home. They can make whatever argument they want, we will see how it is litigated out. It was a clear coordinated action though across several brokerages.
- mantap 6y agoI read that GameStop was at one point worth $24B. Do you really think that's a realistic valuation? This bubble was always going to pop, the question was not if but when. Sure let r/WallStreetBets and Wall Street battle it out. But I don't think that you are accounting for the ordinary people who would read about an amazing way to get rich quick in the news and decide to buy in. That's when the real bubble starts.