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Reddit has zero impact on $GME volatility. If any of you were around for the 2009 shenanigans, you'll understand.
by uberdru 6y ago
Reddit has zero impact on $GME volatility. If any of you were around for the 2009 shenanigans, you'll understand.
- A12-B 6y agoI'm sorry I wasn't around, could you please explain why?
- vardaro 6y agoPretty sure he's clarifying that retail flow has negligible effects on the markets. Institutional money moves stocks, retail investors are just along for the ride.
- A12-B 6y agoNot that I don't believe that, but where's the proof?
- witherk 6y agoI'm not sure where these guys are getting their numbers, retail investors make up about 25% of the market. Not the dominant force, but also not exactly negligible. https://markets.businessinsider.com/news/stocks/retail-investors-quarter-of-stock-market-coronavirus-volatility-trading-citadel-2020-7-1029382035 https://markets.businessinsider.com/news/stocks/retail-inves...
- kurikuri 6y agoWhat does 2009 have to do with GME?