Quote:
Originally Posted by DaFace
It's a "get rich quick" play under the belief that eventually it will cause a short squeeze and go through the roof (though we've been waiting for that for like 6 months now).
Beyond that, some are just trying to make a little money on the volatility. It's basically cycled back and forth between ~$30 and ~$50 for months now, so if you figure that can continue, you can buy on the low end and sell on the high end. Of course, it's probably truly only worth about ~$2, so you run the risk of it crashing down to earth at some point.
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I get the volatility aspect but there are plenty of big movers to consider that aren’t talked about as much. Seems like maybe it consists of people upset they missed the huge growth.