The situation is very volatile. Here's the problem, it's not even a mid-cap stock. Everyone knows it's a penny stock but it's being valued at this point even above a mid-cap since that should be 10b at most (It's currently valued at 20b and was worth over 25b hours ago). Tesla is another great example of a stock that is overly inflated beyond belief. It went from about 40b in marketcap a year and half ago to 830b now. While Tesla is a great company it's extremely overvalued.. Zoom has a market cap of over 110b when it should not be nearly worth that much.

Where did all this money come from? It's from the FED pumping the market too much to the point where it is not sustainable. You also have a bunch of other companies who had an IPO within the last 6 months such as SNOW, RKT, PLTR, LMND, etc which are all boosting the market to new highs when they may be legit companies but the valuations are all wrong. You have a complete fraudulent companies on the market such as Nikola which is literally a giant scam. It's worth 10b in marketcap. The SEC doesn't give a damn and don't get me started about how them and the DOJ are investigating them because they have not done jack shit yet.

Covid was created by China to do multiple things. Thin the herd since it targeted the elderly, help biden's election since it hurts Trump, and crash the market. The fed was injecting tons of repo funds this entire time to keep the market afloat. It was both good and bad but personally I think they overdid it. They probably should have let it come back at a natural rate but instead we got a giant V shape recovery.

This is a giant storm that has been forming which may ultimately lead to the "great reset" which I hope it will not. Keep in mind all these analysts are telling everyone it's a bull market now that Biden is in when it will be the exact opposite unless the military gets involved. The market under Biden is designed to crash.

I think there is big (white hat) money involved. Elon?