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You could write a very big book on just how $GME and $AMC trades changed the industry in so many way on so many levels. Psychologically, Politically, Socially/Media, Financially etc etc etc.
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Those moves higher in $GME and then $AMC. Has so many ramifications. It was the perfect storm at the right time. Million's of young ppl already banging Crypto went in the stocks they loved while they where home not working getting huge government checks and putting it into them.
Both of those stocks paved way for so many sectors and unfiltered manipulation. The heart of COVID was watching money managers orchestrate a single 24,000% scheme off of tax payers, the climate of the social world, and trot along unscathed. That’s pure capitalism baby!
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The Bulls vs Bears propaganda… the “short squeeze”… the new paradigm… etc.. We see the implications of that era every single day now. From the development of the METAVERSE, to the retail sector, to hot SPACs, to PR multi-baggers, to crypto… the list goes on. Incredible.