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GME is in a league of its own, now having a cult-like following around the prospect of a "Mother of all short squeezes" (MOASS) at some indeterminate point in t
by harambae 4y ago
GME is in a league of its own, now having a cult-like following around the prospect of a "Mother of all short squeezes" (MOASS) at some indeterminate point in the future.
(I'm avoiding using excessively loaded terminology like "QAnon of finance" but I really can't think of a fairer way to describe it than a cult at this point.)
- ummonk 4y agoIt's not necessarily irrational, if you treat GME shares as collectables rather than investments in a profit-making business.