The slope of that line all depends on where you start it.
Even the 100-year line looks different.
Stupid humans... want things to look linear.... when nothing ever is...
Well, it crashed today. I've heard no reason for it. Maybe Spring is early. Quick, somebody tell the Weather Man!
The volatility surrounding the short squeeze with gme, amc, bb, bbby, and has pulled many conventional investors away from the market yesterday.
Battle between the hedge funds shorting gme 120-140% with expirations on those starting 1/29, and retail investors that like “gamestonk” is what is hurting the overall market despite the gains for retail investors.
Estimated $3-$11B losses for hedge funds in the short currently. That’s what led to the bailout of Melvin on Monday.
It’s crazy, it’s like watching some of the financial power go from the hedge funds back to the retail investors. Looks to be like a financial revolution.
As of this post, GME is up 1000% from last Friday as the squeeze heats up.
Several of the top retail investors that saw this coming bought in with $20-50k when the stock was at $4-$7.
They are into the 15-40 millions gain currently between shares and calls.
Funniest thing I’ve read:
The short squeeze and GME has done more for retail investors as far as an economic stimulus in the last week than the Govt has in 18 months”
WOW!!!!!!!!!!!!!!! That is the definition of market manipulation and corruption!!!!!!!!!!Almost every stock I mentioned above that the short squeeze is happening on, brokers are blocking the buying of any more.
How is this not the definition of market manipulation?