Quote:
Originally Posted by DaFace
I barely understand it, but it's kind of an indicator of how bizarre the stock market is right now.
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It’s mostly options I think. I just tune in for the memes.
Basically GameStop is done. Ish. So it’s mostly shorting. Probably on low volume. So a bunch of YOLO ****ers on Reddit keep buying calls and making it go up.
And it’s working (this is where I’m guessing low volume comes in). So much so Cramer keeps talking about it.
Here’s not a bad breakdown. What it understates is that the redditors are “trolling” with real money. Which I’d argue isn’t trolling.
https://www.buzzfeednews.com/article...t-stock-shares