That's really apples and oranges. Meme stock investing is basically a collective pump and dump. GME trading at $400 or $200 is clearly ludicrous on the fundamen

That's really apples and oranges. Meme stock investing is basically a collective pump and dump. GME trading at $400 or $200 is clearly ludicrous on the fundamentals. The underlying business is not significantly different than it was when it traded at $4. It's all fair game from a trading point of view, but it trader histrionics and has nothing to do with the business. Diamond handers are trying to hold on to their nebulously earned rewards. They have a lot to lose. Evergrande is a huge company operating in an opaque market with a highly interventionist government looming over everything. Investors have essentially already lost most of their stake and are choosing between cutting their losses or holding on for a very possibly change in direction that makes them whole. There's a lot to gain and relatively little to lose.