The Reddit GME short squeeze game plan (143 days old)
I started following WSB just before this one.. it was calm then.<p>There was also a post along the lines of "there are ~50M public shares, 2M of us, if everyone bought 25 shares, we own GME!" At that stage, it was trading between $5-10 so for ~$250, it was silly but not impossible.<p>But the point is that NONE of this information or analysis was secret, conducted in back rooms, or even hard to find. If you didn't know the terminology and implications, it might be hard to decipher without someone else doing the heavy lifting but that's no different than any other market analysis.<p>For WSB, this is a perfect <i>positive black swan</i>. The downside was capped ($250 at the time) and the upside is unlimited.<p>CNBC, et al need to look past the shitposting and see this is a new creature.