The really disappointing thing is that a lot of desperate people who had just some extra stimulus money and no more assistance thought they could possibly win s

The really disappointing thing is that a lot of desperate people who had just some extra stimulus money and no more assistance thought they could possibly win something. I'm not saying desperate to demean anyone, just that the failed state does spur some in despair to try anything. They thought they couldn't possibly lose if so many are in on the big mental error that'll destroy Wall Street. If they bought low, like $50-70, sure, that's not a complete loss yet as of today's $90 close. But there are those who went all in above $300 last week hoping to see the moon. This one kid I read tossed in $18,000 of his savings at the peak and currently down $9,000. Another young one is YOLOing his shares and willing to ride it to zero instead of just calling it quits. What could at least be some slim yet fair gains relative to last week or less of a loss will simply worsen with this attitude. Gamestop isn't like AMC where the current dip one can ride out a bit and possibly break even or gain. It's one thing to be struggling and another to lose more money. It's not like credit debt when at least the money borrowed went somewhere. This is pretty much cash grifted out of naive hands by both sides. Easy to miss an opportunity and forget, harder to deal with losses especially as the US government can't even agree if a future stimulus check is coming or going.