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Re:u/DeepFuckingValue and the GameStop Reddit mania by tootie on Friday January 29, 2021 @07:48PM (#25964817)
Completely different. Tesla soared on its positive outlook. They have strong sales and have managed to maintain an insurmountable lead in the EV market. Their surge is due to enthusiasm for their business. Gamestop was clinging to life a few months. The rally from $4 to $15 was optimism about their leadership. The rally from $15 to $350 was 100% due to the short squeeze. And the squeeze will most definitely play out and be over pretty soon.
Re:u/DeepFuckingValue and the GameStop Reddit mania by smabie on Friday January 29, 2021 @08:20PM (#25965036)
Is your money where your mouth is? Opinions are cheap and if I've learned something in my career as a trader, it's that anything can happen