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what they expected? Stock market is ruled by big investors, funds and corporations, not people betting their life savings on random reddit meme. Retail investor
by FrozenVoid 6y ago
what they expected? Stock market is ruled by big investors, funds and corporations, not people betting their life savings on random reddit meme.
Retail investors are not market makers - they're simply pawns of these meme brokers directing them to specific actions, without any understanding of underlying mechanisms: Reddit crowds treated it as another cryptocurrency pump and WSB fed this delusion with vague memes(that look absurd and ironic in perspective, "Buy these stocks to punish greedy Wall Street and get big profits!").