The vicious selloff here makes me wonder whether what we're seeing is algorithmically driven.
I can understand a serious correction where veterans punish all of these GME newbs who came pouring in and thinking they run the show. But that's not happening here. This is totally off the radar and super quiet. Anyone loading here isn't new to the game.
The trading behavior here suggests to me that we're seeing a market-wide, automated process in effect.
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