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Re:GameStop Is Rage Against the Financial Machine by GrumpyNl on Wednesday January 27, 2021 @06:25PM (#25935601)
"The stock price is completely disconnected from the value of the company", this goes for most of the stock prices.
Re:GameStop Is Rage Against the Financial Machine by slg on Wednesday January 27, 2021 @07:48PM (#25936557)
I'm not going to disagree with you on the semantics of that, but this simply is in a totally different league. There is almost always plausible deniability that the stock value and company value are related. Meanwhile Gamestop is up over 1600% in a couple weeks with no fundamental changes to the company. There is no argument that can be made for anything else beyond the stock price being manipulated by a coordinated effort.