Good Vibrations Shoes Inc (GVSI)

[Major Profits]

Methinks this played a part as well (no I didn''t read it all) but it rarely gets a mention. It was a unique period in time:

https://www.hbs.edu/ris/Publication%20Files/Stock%20Market%20Stimulus_b6da0d1a-2e48-4a6d-a74b-09facf19d2fe.pdf

1 Introduction

In the midst of an escalating pandemic, the US government enacted fiscal stimulus of an
unprecedented magnitude between March 2020 and March 2021. The multifaceted stimulus acts
provided for sizable Economic Impact Payments, better known as “stimulus checks”, beginning
with a first round in mid-April 2020, a second round in early January 2021, and a third round in
March 2021. In total, the Treasury disbursed approximately $814 billion in payments directly to
taxpayers.

As Figure 1 shows, these payments occurred in the context of significant growth in
retail trading accounts and stock prices, particularly the prices of stocks that retail investors
tend to favor. Surveys suggest that on the order of 10%-15% of the payments may have shortly
found their way into the stock market.

...As one might expect, the effects are strongest among those stocks with a high
number of Robinhood-using owners, high retail trading according to FINRA’s measure, lower
capitalization, low nominal price, and high volatility.

GLTA

$GVSI PUMPERS / HYPESTERS MISSING THE MARK SINCE 2021