[ckastner]

I've occasionally browsed WSB over the last few days, and it became just too depressing to read.

There are vast numbers of financially illiterate people pouring what little money they have into this pipe dream that a short squeeze can still be effected.

And these people are fueled by incessant bullshit that approaches, and in some cases even exceeds, the level of QAnon.

The facts of the matter are that (1) the cat was out of the bag last Wednesday and (2) since then, WSB has been playing poker with their cards face-up, calling every single raise thrown at them.

This is a hedge fund's dream come true. You have an army of saps still willing to pay you $60 for a stock that is worth $20 or so, and they simple won't stop.

[jacquesm]

Exactly. They are just there to supply some liquidity and as a final resting place for bad bets.

[pjc50]

> fueled by incessant bullshit that approaches, and in some cases even exceeds, the level of QAnon.

To me, it doesn't seem that this is entirely coincidental with the aftermath of the storming of the Capitol; having lost one avenue for delusion-based marketing, everyone involved - mainstream and social media alike - had to find a new thing to hype.

Wonder what's next? Find out in a couple of weeks.