Guess who’s back, back again.
Reddit’s back, tell a friend.
Am I trading it? Nah. Not today. I don’t have the bandwidth to tick this one nor the excess emotional capital to get involved. Heck, if you even tweet something that insinuates the action is non-logical or the stock may not go to $500, you get accused of FUD. You know FUD, right? Fear, uncertainty, and doubt.
Or what us old-timers call: the other side of the trade.
Look, I don’t care if you think this valuation makes sense. It doesn’t. Or you think it is going to $50. It might. The other side of the trade isn’t FUD. It’s what makes moves like this possible. People have this misconception that a one-way market will be great for their stock.
No. Heck no.
You want shorts in there. You want folks who may have to buy because it will push price and draw in more momentum players. You need more fools if you want to participate in a Greater Fool Theory. You want lots of fools. Heck, give me all the fools! The more fools in, the less likely you’ll be made a fool of when you finally exit.
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