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TopicStock Market General #12
GoriIIa
02/01/21 2:17:11 PM
#401:


3PiesAndAFork posted...
Are they? They're both building up the hype and will cash out when it starts to die. Anyone who put real money into either of these are not holding. The whole bankrupt the billionaires and 1 doge = 1 dollar is all false hype to get people to hold and buy more. They're both going to come crashing back down any day now, and it's the novice people who jumped aboard the hype train who will be left holding the bag.

Mmm. Yeah, you're right. The only difference I would pick out is that GME, being a short squeeze, has and will continue to hurt institutional investors. While pump and dumps only target novice investors.

A lot of people definitely ate up the whole "crusade against the billionaires!!!" story but it wasn't a lie - they did lose billions. But I agree, when the squeeze is over there will be people who've lost a lot money. I think the question now is - have we reached that point? Is the squeeze/spike over? Are all the rocket emojis going on right now a pump and dump? Or are we still trying to squeeze?

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