/biz/ - Business & Finance

Anonymous Wed Feb 24 23:24:47 2021 No.29631395 [View]
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>>29630743
No, not AMC. there's 2 categories
- memestocks
- legit tech stocks that are also liked by reddit

AMC and NOK, BBBY are memestock
BB has fundamentals but also part meme
MARA PLTR EVstoks, etc are legitimate stocks that zoomers also like

My conspiracy theory:
part of the shakeout of tech stocks the last 3 days was orchestrated by whales who want to buy a self-made dip.

shift money from tech to GME. zoomer sell tech at a loss and pile onto GME to recreate January. whales buy tech at a dip while selling peaking GME to bagholders

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