WallStreetBets apparently has several million subscribers, each with an average account value of $5000. That’s several times $5 billion in account value.
I don’t think so. Wallstreetbets subscribers are not all out there buying GME. And by the way, this thing will crash too. I don’t mind people slapping short sellers around. But this is more than that. There is someone with billions able to hold this price up like this. Some of those short sellers are going after chinese stocks as well. This is a good way to kill those guys. People should be selling calls on this stock. A good way to bet short without too much of a down side.