macrocephalopod

(6/?) But what would make a stocks social interest take off? There is one short answer, and that's the folks of WSB. But why do they pick the stocks they do? 1) Humor in products 2) Goofy leadership/ notable "meme-tier" celebrities. 3) Some level of nostalgia. 4) Ticker name

(7/?) Expanding on each of these. 1) Humor The humor side of this is a rather complex one to understand, but associative interest is something to look at. What is currently doing well in the market, sector wise? This is more of a macro level look.

(8/?) 1) CONT: in hot sectors, you will see random mentions of things take off. For example, during the EV boom, we saw tweet from our favorite @realwillmeade where he mentioned $SOLO. Within minutes, the share price was vertical. "But Falcon, why did it continue to meme?????"

2) CONT: Looking at PLTR here. Alex Karp was memefied on WSB, and for what reason? 1) He practices Qigong meditation, has swords in his office, and is rumored to do martial arts at the office. 2) In the absurdity of that, people on the internet rallied behind the "figure"

(12/?) 3) Nostalgia. The piling of GME and AMC wasn't just because they had high short interest; it's because they were brands people remembered from their childhood. In the social media generation, these brands helped raise people, so there is inherent bias towards keeping

(13/?) 3) CONT: these companies floating. It's like parting with one of your favorite toys when you were younger. You can't just get rid of it without thinking of all the great times you spent with it. This same logic applied to a lot of these stocks.