Quote:
Originally Posted by BioCRN
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.
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A few people made a lot of money during that spastic GME trading period. I'm gong to go out on a limb and guess that most of those Reddit readers lost their butts on that. I just wonder how much of the GME asset sheets are even close to being correct. There are a lot of short positions on GME, but I just can't see another stupid run on the stock like that one crazy trading period. Vegas should put an over/under bet on how long that stock will still be trading.