... and nary a headline. But we do get cautionary tales like the above. Sometimes I get the nagging feeling that the wallstreetbets conspiracy crowd might be on to something.
if the wsb narrative is true - and that if they hold, the shorts must buy at any price - then why don't other knowledgeable traders and institutions recognize that and get in the game?
In other words, if the wsb moon-theory is true, it would have already happened.
Isn't it more likely that the price is, at this point, just getting pumped by memes and wsb throwing good money after bad?
Because it’s going to crush the markets and the institutions. If you watch the media, there’s a serious panic going on. There is a serious chance this will cause a sort of financial Armageddon.