WSB is playing a stupid and dangerous game with this 1000% intraday pump.
Putting a target on Musk imo.
Reminds me of the story when Caligula sent his soldiers to collect seashells by the shores of France, and named his horse Consul or whatever.
Over the top things like this tend to backfire.
It's not like anyone in the community will react to this anomaly with fomo or other emotional states, which I also don't think is the intended effect by WSB, rather than a middle finger to the hedge fund system.
It's rather the natural community respone when faced with absurdity on this level, like my example of Caligula, that uncontrolled violence will manifest inorder to remove the source of absurdity for the sake of retaining status quo.
WSB's behavior will, unintentional or not, cause pushback from all sides. It's not chivalrous in any way, it only comes across as unfit similarly to a deformed or diseased organism.
It's pitchfork lynchmob using money as a weapon as far as WSB behaviour.
No wonder Musk was bullied as a child.
This can't end well, that's all I know. Those who got into it early will profit, rest will get burned.
FOMO is real too, so we don't know how long it will last. Someone IRL asked me today if they should buy doge right now. They have no idea what crypto is and just want to buy into the hype.
Same with the hype stocks.
It's gonna get real ugly real soon and all the blame will fall onto Robinhood and hedge funds for "market manipulation".
