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I wonder how many people will pile in. There must be 1000s waiting to go in with these kind of movements.
I'd buy back in mid morning if I was youChrist, and there was me selling at 5.10 yesterday
The stock market is turning into crypto!
Whilst it's very good "entertainment" - it's also crazy.
Reddit has people all over it throwing in their monthly rent, their college grants etc. Good luck to them in one sense, but when it comes to selling time, it will be a horror show.
Whilst it's interesting to see the "experiment" - I do worry longer term that a relative small group of people can force such a huge shift in a stock price. Pension funds and alike rely on stability and steady growth and these wild spikes in share prices will not help the majority of people long term.
Good luck to those involved, but I'm firmly sitting on the sidelines watching this.
WSB has never pretended to be anything other than a bunch of kids making memes. There's no analysis of anything, it's just pick a ticker, and YOLO.
It's pretty crazy that it's hit enough coverage to be moving the markets though....gotta wonder what the SEC is going to do about it.
Tanking so farReady??
Either people make a killing, SEC halts trading, or it's bombs....
Lets see
GME at 306 feels tempting to sell!