RE:Slightly off topic! I've been wondering the same thing IPG! I'm hoping this meme thing isn't becoming the new norm lol. I see the same thing happening with some of my other Investments. Good news comes out and IF it moves, it gets pushed right back down. Really frustrating to see.
IPGutcsi wrote:
Does anyone seem to notice no good news is really affecting the market?
Branson went off in a rocket plan to the edge of space, yet Space stocks and Virgin Galactic is down over the last month, week, day! Marijuana-Banking Law brought to Senate by Rep. Schumer, yet Pot Stocks barely blip! A bipartisan Infrastructure Bill is agreed upon, yet companies who would benefit the most from this type of work, seem stunted by the lack of interested investors.
So what is the issue? Are Meme stocks and the expectations of hyperparabolic swings in value, causing a further devaluation of value stocks?
Also, if there is someone shorting your stock, wouldn't it be wise in this environment to recruit the help of the retail investment community behind the Meme stock surges, to help you defeat said "Shorter". I'm not technically inclined enough or and apparently don't have the online cred. to start such a movement, just and ideas guy, but I'm sure there are others who are!