All weekend long was the chatter about how this would be THE MOST ANTICIPATED OPENING OF ALL TIME, and how the reddit “revolution” had changed everything forever. Errr, listen, folks, I suspect in about three weeks hardly anyone will be talking about this revolution anymore. The WHOOSH sound you are hearing is the options premium rushing out of GME calls and puts, and you can expect to hear that sound all week long. All this talk about GME going to $1,000 is hysterically stupid.
Still, I’m kinda pissed off that the plunge lower on Sunday was, surprise, surprise, utterly underline. The Russell is representative of this:
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