Savvy Trades and Investments

[gilead23]

Retail gamblers creating opportunity

Wonder if anyone else sees this the way I do. When the pandemic hit and sports betting not to mention other recreational activities went away people turned to gambling in the market. This is pretty well understood.

I think those people are going to stick around. They aren't going to all win, in fact most of them probably won't, but recharging your robinhood account with $500 every so often isn't very different than adding to your online poker account especially now that there are no fees for trading. To that end these crazy back and forth moves caused by exceedingly dumb money could be a permanent feature. That isn't a bad thing for those of us whose bread and butter is microcaps. We now have 2 ways to win

1. Legitimate fundamentals
2. Twitter user SuperDuperStockPicker or InvestmentGuru or BigMarketMoney or whoever gets his followers who normally bet on the patriots game to pile in.