Attention new r/options members and GME hopefuls

What WSB did to GME as a community literally has never been done in the market before.

This is untrue. And it is dangerous to believe this. The internet bubble was majorly retail. In fact one of the many psychological traps behind this kind of behavior (herd) is that people tend to flood into popular investments, managers or other criteria which looks "foolproof".

I would be highly interested to see if there was any interesting backlash simply because it's just a crowdsourced movement which actually happens a lot more than people give credit for throughout time in ways and for stocks that no one remembers. Gamestop is not going to go down in history as the legend you think because Tesla (and a number of other companies) last year had more investors and even more "exuberance".

/r/options Thread Parent