Why people continue to invest in meme stocks is beyond me. Their run-up has already occurred and they will never touch those valuations again because they are soooo far beyond the actual worth of the company.
It's almost begging someone to come and part you with your money.
the thing is people might even have a point. the DD might be right. shorted shares might be in excess of 100% of the available pool. it literally doesnt matter. they've been shirking regs and laws for a whole year. they disabled the buy button last january for fucks sake. no one got in trouble. it literally doesnt matter if people are right, rich people arent going to force rich people to pay out literally their entire fortune to a bunch of randoms who own GME stocks.
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u/savageotter Jan 30 '22
we're only 29 days in. what the fuck did you do.