D
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There will be repercussions for this, for who remains to be seen.
The guy that made all his money on the big short against the real estate crisis? Yeah he purchased a ludicrous amount of GameStop stock in November of 2019 it has been holding it. Currently worth 500 million.
This is a guy that is value investing and apparently see something in the long game of the company and it's board. And yet you can only exit the position right now and cannot buy in more. How do the trading apps determine at which price point there is a pump and at which price point there are actual investors who are simply against the market trends.... Just like this guy was with the housing crisis.