/biz/ - Business & Finance

The trend of people investing in stocks like GameStop (GME) and AMC Entertainment (AMC) out of nowhere is not a natural or organic occurrence. It is likely driven by social media activity and online forums where individuals were encouraged to buy these stocks in order to drive up the price and create a "short squeeze." This is a situation where investors who have bet that a stock's price will go down, or "shorted" it, are forced to buy shares to cover their losses as the stock price rises. This buying can drive the price up even further, creating a self-fulfilling cycle.

However, this kind of behavior can also be considered as a form of market manipulation and misinformation spread by certain groups of people trying to gain financially at the expense of others. Many retail investors may not have fully understood the risks they were taking by buying these stocks, and many may have suffered significant financial losses as a result. It is important to approach stock market investments with caution, and to conduct thorough research and due diligence before investing.

Did you get taken advantage of and how have you been dealing with it?

Big surprise this thing was a reddit meme....