Up/Down, Down/Up. Low volume, High volume. Apes would say, look it is not going under 220, then they would say, look it is not going under 200. Some shameless shorts would say, look it dropped below 200, the next stop is $120..
So on and so forth !
In reality, it is being totally controlled by a bunch of large players - HFs, Options MMs.. They are taking advantage of the extreme tight float created by the Apes' HODLing and occasional FOMO frenzy (like last to last week)....
Those big players are heavily addicted to the lucrative options-selling game. They have become the puppet-masters of the Apes.. and the Apes are dancing in the illusion of that MOASS !!
Apes will not make any money EVER. That much is guaranteed. Shorts will make a little money at the end, but not until option-selling by the Wall St manipulators becomes less lurcative.. Anyways, there isnt't that much short anymore.
The Apes can continue to live as slow-boiling frogs until they die, in a year or so. Or they can take some profit or cut their losses, and restore sanity sooner than that.
Don't ask me WHY I care about YOUR money. No, I don't care about your money per se ! but I am an individual investor like you, and I have no ill-feeling towards you. Nor do I wish losses on you.
I just don't like the extreme volatility, that's all.$GameStop(GME)$
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