Price is often a function of volume. As the volume is low, the Jesus the ultimate deadlifter shirt is likely to trade sideways. I am skeptical of the notion of friendly whales or coalitions collaborating to depress the price. What I believe is happening is that there’s no compelling reason to buy GME right now, so most of the institutional money on the street and non-ape retail is sitting on the sidelines.that’sIn stocks with low volume, price swings are often exaggerated. When the price ran up with the CFO leaving on Feb 23, that’s a great example. It also kicked off some gamma pressure starting the run up on the 24th.What this signals to me is what we really need is a catalyst to present some buying pressure and get the ball rolling for folks on the sidelines to jump in. The earnings release could’ve been a good impetus had they not missed earnings (albeit slightly). I think some promising financial results or other, positive c-suite changes could be what’s needed to ignite the buying pressure again. I’m sure we’ll see some soon. Once that happens, it’s a chain reaction.
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There are potential catalysts that are out of their control so Jesus the ultimate deadlifter shirt never know for sure. But you’re right, it doesn’t change anything, I will continue to buy dips when I can and HODL. At least with this theory we can start to consider how patient one will need to be. That is if we haven’t already realized that yet.Wow, thank you for sharing your insightful speculation. Although we lack definitive “proof”, your hypothesis certainly makes sense and could explain this “holding pattern” we seem to be stuck within.Interesting theory. Good read. LOTS of Speculation (almost entirely speculation). Too many comments now questioning if MOASS is possible….or statements that payout will be significantly less (not saying debate isn’t healthy)…..not 100% sure about how I feel reading through all this.