Joyeux Noel a toute la gangUn grand merci a tous les distingues membres de ce forum. Nous disposons d'un outil puissant pour communiquer, nous rassurer et voire nous coordonner.
A big thanks to all the distinguished posters on this board for your perspective and timely content.
Social media is a powerful tool for shareholders to coordinate actions in the hope to resist and even counteract price manipulation and benefit from discrepancies between intrinsic vs market valuation.
Driven mainly by small shareholders, GameStop had a run from 3.25$ to 325$ as a result of a short squeeze and a gamma squeeze (when a market maker has an unbalanced position - like a bookmaker - with open option deltas** fluctuating heavily as a result of substantial price changes, is suddenly forced to buy stock to be maintain market neutrality).
** Delta is the variation of an option price with that of the underlying stock. Deltas are sensitive to the price of the stock, more so when the price of the shares is close to the strike price of the option.