3 ms·
The "legitimate forces of supply and demand" seems to be the critical part there. GME stock didn't go up because /u/DeepFuckingValue bought so much of it, it we
by ulber 6y ago
The "legitimate forces of supply and demand" seems to be the critical part there. GME stock didn't go up because /u/DeepFuckingValue bought so much of it, it went up because everyone else did. In August 2019 GME had a market cap of $300 million so there was no way /u/DeepFuckingValue buying some hundreds of thousands worth had any real effect on its own.