Insanity in the Option Market place belies the rhetoric supporting $1.9 trillion in Fiscal stimulus. I would venture to guess everyone of these option speculators have gotten stimulus checks and are large percentage are using that money to fuel market mania. The question is if this is an unintended consequence of the 2008 to 2021 Fed induced liquidity or is it a welcome outcome of Federal Reserve manipulation of investor sentiment. The Fed policy is clearly driven by the Stock Market performance and almost nothing else matters.
game stopper cultist
"YOU Do not understand what GameStop has in the market and how it’s valued has hurt short term sellers. I don’t trust long term investors because they miss opportunities like Tesla, Amazon, peloton, etc. Making 3% a year is for fools. If your going to gamble go all the way. Money isn’t real anyway right ?"
https://www.marketwatch.com/story/reddit-moderator-slams-wall-street-fat-cats-as-gamestop-surge-continues-they-hate-that-you-played-by-the-rules-and-still-won-11611600048
The craziness also exists in the SPAC market and IPO markets which regularly move 50% a day. there are hundreds of these stocks flooding the markets yet the speculative fervor overwhelms the offerings regularly producing 100 % gains on day one. People are getting incredibly rich at the same time as other Americans surviving on unemployment and on the verge of eviction. Perhaps the Government should hand out GameStop shares rather than U.S. dollars which only seem top go down in value.
Here is an update as one of the Redditors responds to warnings
YOU Do not understand what GameStop has in the market and how it’s valued has hurt short term sellers. I don’t trust long term investors because they miss opportunities like Tesla, Amazon, peloton, etc. Making 3% a year is for fools. If your going to gamble go all the way. Money isn’t real anyway right ?
3 pm January 26 GME last $137 up $60
mgr
No comments:
Post a Comment