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The Anatomy of a Bubble
Posted on 2/2/21 at 8:42 am
Posted on 2/2/21 at 8:42 am
Good graph from Seeking Alpha
The victims of the pump and dumps on Reddit should study this.
The victims of the pump and dumps on Reddit should study this.
This post was edited on 2/2/21 at 9:47 am
Posted on 2/2/21 at 8:50 am to JDGTiger
I usually sell at enthusiasm
Posted on 2/2/21 at 8:54 am to JDGTiger
the meme stocks weren't even a bubble. we need to develop a different level of analysis to evaluate the idiocy we all just observed
Posted on 2/2/21 at 9:05 am to rocket31
quote:
the meme stocks weren't even a bubble
Basically investing off technical analysis.. of course after the initial squeeze then it was who knows what
Posted on 2/2/21 at 9:26 am to rocket31
Yeah I agree, calling this a bubble is not really accurate.
Nobody thought these stocks were worth it. They just wanted to do what everyone else was doing; eventually someone was going to be left holding the bag, people were just gambling on who it would be.
Nobody thought these stocks were worth it. They just wanted to do what everyone else was doing; eventually someone was going to be left holding the bag, people were just gambling on who it would be.
Posted on 2/2/21 at 9:36 am to RebelExpress38
Not trying to insult anybody or make the bag holders feel bad, but it’s called the greater fool theory, or more recently FOMO (fear of missing out). Sad to see people doing it, but you knew it was coming.
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