gen Z doesn't know about inflation or what it means to the stock market..so they just continue jumping meme stocks that they have become enamored with..regardless. This seems to be an entire subset of investors..all out there in their own mindset. So anything can happen in this situation with meme stocks..regardless of more conventional wisdom. also, they completely believe the reopening story behind oil prices and commodities and the 10 yr. ..lol Me...I live in Miami and I have not see any activity in the carnival dock stations..very few flights at Miami international and NO theater openings anywhere...so
so far, there seems to be no frenzy despite the fact that the price doubled. yesterday volume was only 76 million. end Jan 21, ave volume was 2 to 3 times of that.