the really dumb aspect of the institutional performance is that the meme stocks are down now and because they interceded, they become plausibly responsible for the drop in the eyes of millionshttps://twitter.com/eigenrobot/status/1354841953658048512 …
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This meme stock mania did bring a lot of first time buyers. But the stock has been volatile for days. So I don't believe they did this to save the retail investors for one moment.
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