[stusmall]

There are two big ones.

1) There is a lot of volatility in this period. There is money to be made at buying in and dumping it at a small, local spike. A lot of the money is made off others trying the same game.

2) Some of these meme stock investors have been sold a bill of goods. Go check reddit.com/r/bbby to see what I mean. Some of them believe this is a larger conflict between good and evil. There is a belief that will be some eleventh hour deus ex machina event where Ryan Cohen will reveal this is all part of his long term scheme to defeat Citadel or whatever. The shifting narratives are insane, hard to follow and even harder to explain. It's basically financial qanon and it's really sad to see. The execs of some of these meme stock companies know exactly what is happening and are very happy to release unethical, vague statements to feed into the fantasy. But the apes are still buying in to prep for this apocalyptic event.

[xsmasher]

"Waiting for NESARA" is a real eye opener about how people can latch onto crazy ideas and make it part of their identity. I think about it whenever r/bbby or r/superstonk conspiracy theories escape their subs and make the main page.

[reducesuffering]

Ok wth. Attempting to post on reddit.com/r/bbby an innocuous message about how BBBY was burning $1 billion a year, they are being duped by an echo chamber, and better financial advice is on bogleheads.org receives an instantaneous removal by mods.

What have we done with technology that people are getting sucked into these disastrous echo chamber filter bubbles, where any dissenting opinion is blacklisted, turning people into financial ruin and QAnon brainwashing?