peruvian_bull on Nostr: The price of GameStop hit $80 in premarket trading today, and then collapse all the ...
The price of GameStop hit $80 in premarket trading today, and then collapse all the way back down to 39.
This is not retail. Most small investors don’t have access to premarket, trading and disposable income is basically drained from the pandemic stimulus.
There are massive institutions that have a vested interest in GameStop, and they shorted more shares than exist, which created wall of failure to delivers, which occasionally come back in the form of these price spikes .
This is all the more evidence that the Fiat financial system is completely broken, and bitcoin is the solution.
Published at
2024-05-14 18:13:47Event JSON
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"content": "The price of GameStop hit $80 in premarket trading today, and then collapse all the way back down to 39.\n\nThis is not retail. Most small investors don’t have access to premarket, trading and disposable income is basically drained from the pandemic stimulus. \n\nThere are massive institutions that have a vested interest in GameStop, and they shorted more shares than exist, which created wall of failure to delivers, which occasionally come back in the form of these price spikes .\n\nThis is all the more evidence that the Fiat financial system is completely broken, and bitcoin is the solution. https://image.nostr.build/5390f27bfe1802f4e40b8830c9c794f3f41d632626320fa4b1dc757cc741ae0d.jpg ",
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