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Despite what most media wants you to think, the recent run up of GME isn't directly related to retail investors (having too much money). The price increases ha
by FloorEgg 2y ago
Despite what most media wants you to think, the recent run up of GME isn't directly related to retail investors (having too much money).
The price increases have been happening mostly in pre market and in big blocks, which indicate it's hedge funds or market makers, and might have something to do with option contracts and short covering.
There is a lot of money in the system but most of it is held by banks and sitting on the side lines. Just look at M1 money supply chart via st Louis fed...