I have only loosely followed this story, and this is asked out of curiosity: what's different this time, from all the other times? I've been watching and waiting for the GameStop situation to bubble over, but it seems to keep getting kicked down the road.
How will the MOASS eventually unfold, and why should it happen tomorrow?
I don’t know about “tomorrow” or whatever, but back when they first drove the price from ~300 to ~40 or so in a day, the speculation was that $40 was the lowest they could drive it down to, that for some reason that’s the barrier.
The lowest price in the past couple weeks has been about $10, or $40 pre split. So we are at an interesting price right now. Regardless of MOASS or what happens next, this is a historically pivotal price.
And I’ve got ~4000 GME shares now, so I’m watching,
I have only loosely followed this story, and this is asked out of curiosity: what's different this time, from all the other times? I've been watching and waiting for the GameStop situation to bubble over, but it seems to keep getting kicked down the road.
How will the MOASS eventually unfold, and why should it happen tomorrow?
I don’t know about “tomorrow” or whatever, but back when they first drove the price from ~300 to ~40 or so in a day, the speculation was that $40 was the lowest they could drive it down to, that for some reason that’s the barrier.
The lowest price in the past couple weeks has been about $10, or $40 pre split. So we are at an interesting price right now. Regardless of MOASS or what happens next, this is a historically pivotal price.
And I’ve got ~4000 GME shares now, so I’m watching,