Quote:
Originally Posted by Fred
If the market cap on GME was a lot lower, then it'd almost be like time to consider short selling it. It just blows my mind that the stock hasn't just faded away and been de-listed.
|
There is an entire army of internet people who have been buying and holding GME for years assuming one day it's going to shoot up to a zillion dollars a share and they can buy their own private island etc etc...
The social aspect and conspiracy surrounding it is more important than making money, evidently.
We just got out of one of the best recent eras to enrich yourself investing during the COVID-era and these people have spent a huge chunk of their time and money buying and holding GME during this boom.