The nihilism of r/wallstreetbets
It just doesn't add up to me.   If you take Gamestop (GME) today's hot item, it's trading 170M shares back and forth, at say, $70.   That's $11B sloshing back and forth.You're telling me 10,000 (if even?) guys sitting at home doing retail trading have $1M each in positions driving this?   100,000 people with $100,000 each, during the day?I think it's quant and algorithmic trading.I would love to hear from an expert though.