The GamStop story is developing daily. I feel it’s not just about a reddit community. What I see is –
1/ Anti-establishment or anti-institution mood. People are getting excited about seeing those who are right most of time get things wrong (or they believe they see it)
2/ People really have the time and energy to unite and do “great project” or fight for a “mission”
3/ Tech vs. Wall Street – People love to see this story.
4/ I believe retail investors are just the cover-up. Some “smart money” is fighting other “smart money”.
More on 3/
Lots of $GME talk soooooo….
We bought Feb $115 calls on $GME this morning.
Let’s gooooooo!!!!!!!! https://t.co/XhOKL1fgKN pic.twitter.com/rbcB3Igl15
— Chamath Palihapitiya (@chamath) January 26, 2021
Gamestonk!! https://t.co/RZtkDzAewJ
— Elon Musk (@elonmusk) January 26, 2021