Price point is subjective.

It is about the % increment, not the actual number price of the stock

Coz most my money got tied up in PLTR & BB already before the frenzy.

And some stupid crypto that is still red

I would never imagined this would have happened

Dumb money defeated smart money LEL

for sure govt will intervene. they wont let another lehmans meltdown happen
not especially when new president just took the throne 
answer: there is money to be made 

care to dive down the rabbit hole to see how much of freedom democracy is intertwined with stuff like these? 

you are talking about the end game....i agree.....however its like saying, we are all going to die one day.....
however with a Short Interest of 120%, there is still some way to go in the process......

History is being written. Finance Classes will have to add a chapter on this situation today...

If you see the sentiment in reddit. It's not about losing/making money anymore.

It's personal

It's WAR

TO THE MOON!!!

never start a war with people who have literally nothing more to lose.

if their government didn't step in, it will rope more banks/institution into the whole mess, which will be a real sight to behold.

Disagree with this. You all supporting this makes no sense. You support these jobless people with too much time on their hands getting a mob and messing with the market unnaturally. If it happens here then it can happen to others. Dangerous precedent to set.

dont think this can work here in msia.. retailers will be up against investment banks and institutional funds like EPF..

EPF lose billions = rakyat themselves lose billions, u slap them 100% u get 50% back..

plus, asians are more selfish and kiasi, everyone will be u tank i support in the end no one tanks..
yup true, some people just think that wah spike = buy, dangerous mindset

you are talking about the end game....i agree.....however its like saying, we are all going to die one day.....
however with a Short Interest of 120%, there is still some way to go in the process......

History is being written. Finance Classes will have to add a chapter on this situation today...

dont think this can work here in msia.. retailers will be up against investment banks and institutional funds like EPF..

EPF lose billions = rakyat themselves lose billions, u slap them 100% u get 50% back..

plus, asians are more selfish and kiasi, everyone will be u tank i support in the end no one tanks..
yup true, some people just think that wah spike = buy, dangerous mindset

different here is instead one big tank to suffer for everyone else, everyone chip in and tank a mini amount. the many2 small ants is collectively tanking the behemoth hedgefunds buggers 

Disagree with this. You all supporting this makes no sense. You support these jobless people with too much time on their hands getting a mob and messing with the market unnaturally. If it happens here then it can happen to others. Dangerous precedent to set.

Most simple explanation in greentext format.

Also, short squeeze stock explanation.

200k redditors pump the price.
Simple terms,
Hedge fund short the stock hoping when it goes down they will profit.
Example price now 50rm, if drop to 20rm the hedge fund pocket 30rm difference.
But when 200k ppl buy 1000rm each, the price from 50rm go to 90rm. So instead of pocketing the loss they need to pump more money in to cover the bet.

Hedge fund didn't buy the stock but make a bet saying will go down.
So when go up they are negative losses.
Now when everyone pump to 200rm, the hedge fund need to cover 150rm loss in each stock.
So if hedge fund bet 100k unit at 50rm to go down, now since it goes up, that 100k units is at -150rm per unit.

So their losses at 100k X 150rm which is 15mil.

But from what I read, it was from 20 over USD to 150 over USD..

So imagine if you buy 10 mil unit at 20 usd, if price goes down to 10 you will win 100mil USD. Now it's 10mil units X 130usd so your losses will be 1.3billion