Read on Twitter
I am not a stock expert, but seeing as some of the folks who may be getting baited into this Game Stop stock situation are also not experts, I feel comfortable about opining on this matter.
I know a bit about certain online types who are good at tricking people.
1/
I know a bit about certain online types who are good at tricking people.
1/
While I cannot say that this is certainly the case here, I think that it can't hurt to hypothesize here, in the off-chance it turns out to be the case.
A few things are nearly certain here.
a) Game Stop won't actually benefit
b) The bubble will burst
2/
A few things are nearly certain here.
a) Game Stop won't actually benefit
b) The bubble will burst
2/
What isn't certain and is only hypothetical:
c) That a few of the people who instigated this intentionally used clever populist language they don't believe in to start this process off.
d) Those folks are well aware that the bubble will burst & as new people buy in, they -
3/
c) That a few of the people who instigated this intentionally used clever populist language they don't believe in to start this process off.
d) Those folks are well aware that the bubble will burst & as new people buy in, they -
3/
slowly sell their stocks and cash out, ensuring that they won't be the ones to suffer when the bubble eventually pops. Alternatively, those select folks could cash out all at once.
Thus, the people who are not as knowledgeable & get lured in are the ones who feel the pain.
/4
Thus, the people who are not as knowledgeable & get lured in are the ones who feel the pain.
/4
This is all hypothetical. It is premised on the idea that the real aim is not to ding Melvin Capital but to ding people who are lured in. If the bubble bursts while Melvin Capital is still hanging in there, then they will likely come out no worse off than where they started.
/5
/5
Also, the people involved here could be from anywhere in the world.
This is all hypothetical. Perhaps I'm getting something wrong here. Maybe the bubble won't burst? Or maybe there's something else I haven't factored in. If so, let me know.
/fin
This is all hypothetical. Perhaps I'm getting something wrong here. Maybe the bubble won't burst? Or maybe there's something else I haven't factored in. If so, let me know.
/fin
