10 upvotes, 0 direct replies (showing 0)
View submission: Keith Gill (u/DeepFuckingValue) and The Gamestop Saga
I'd also mention that the pandemic with people working from home and the government handing out $2400 lead to funds being available to the masses that wouldn't have previously been possible. WSB membership at the time was 500k (I think) and ballooned to 3mil during that week long saga. 3mil x 2400 = a small hedge fund. That combined with the short squeeze pressure created the unprecedented scenario.
There's nothing here!