All I know is everybody was eating until the
GameStop fiasco.
If you look at the market like the streets , it’s the age old ‘the drug game goes smooth until bodies drop’. Everybody was quietly eatin, then Reddit mfers made it hot not just w/ GME but signaling every play and blowing up the spot and the regular folk been gettin spanked ever since. The timing is too stark and specific to be a coincidence
Its deeper than that. GME exposed the the deep fraudulence of asset pricing and fake money leverage holding up the markets. Wallstreet got fat off of the the COVID stimulus and that pumped the fukk out the markets with into wildly overvalued territory. You had cruise stocks shooting up during lockdown who's underlying companies were losing millions per day in real life. It was unsustainable fake pump that could not stand a black swan that was inevitable.
GME exposed them because a large amount of that covid stimulus leverage went on the short side of the stock while retail investors in cash accounts went long with no leverage. HFs manipulate the stock but without leverage, retail held through extreme volatility and the stock is outperforming the market in 2022, as I predicted.
GME stock continues to outperform the broader market despite being unprofitable and expanding into NFTs and crypto.
investorplace.com
Meanwhile all the shyt nikkas was shilling in 2021 is getting annihilated by leverage, especially crypto.
The funniest part about this I warned nikkas about this in the HL stock thread and those dikkheads banned me in response. Now they holding big losses wondering wtf happened. After GME hedgedunds were setting up weekly rugpulls and inflating assets to unrealistic highs to skimp money off of retail investors and idiots were eating that shyt right up. People who thought they was geniuses buying roblox at 80$ and Coinbase at 250$ are getting gutted like fish as all the fake pump falls through.
Listen to the real nikkas. Gamestop is still the way. The predictions made be the GME community last summer have come to pass. These CNBC watching motley fool subscribing half boomers dont know a god damn thing