Folks were leveraging up all last week and buying puts, thinking the market was tanking to zero and we're all going to die of "beer virus" as they call it -- and are getting a harsh lesson about timing the market today.
They’ve been giving so much leverage to broke young people, I wouldn’t even be surprised to read that they’re insolvent someday after a big, unexpected move.
https://www.reddit.com/r/wallstreetbets/
Folks were leveraging up all last week and buying puts, thinking the market was tanking to zero and we're all going to die of "beer virus" as they call it -- and are getting a harsh lesson about timing the market today.
They’ve been giving so much leverage to broke young people, I wouldn’t even be surprised to read that they’re insolvent someday after a big, unexpected move.