3 ms·

This is radically different than the 2000s bubble. also GME is over $200 currently, when it was $10 a year ago

• freeflight 5y ago
  > also GME is over $200 currently, when it was $10 a year ago And they got there by running a sustainable and profitable business? No, they got there because Reddit decided to play their own little game of pump&dump. Which is yet another blatant example of how decoupled the stock market is from the actual real world economy.
  • qorrect 5y ago
    > little game of pump&dump Actually the game was buy and hold ( diamond hands ), and only because they saw an enormous amount of shorts outstanding, so much so that a squeeze was all but guaranteed.