Hi guys, beginner here. I've been following the GME thing since 2 days ago and actually bought some shares.
Can someone ELI5 how GME is able to keep rising in price? Assuming there is a finite number of retail investors, funds and the investors that bought are already holding. Who is buying the extra shares?
Is it a matter of low number of shares available and basically forcing the short sellers to cover at a higher cost?
Submitted January 22, 2021 at 12:17AM by MyOtherAccount42O69 https://ift.tt/3p79olH
