[sgbuffett]

This junk called Game stop also rose sharply


Stoxks rising after falling continuously due to short term trading speculation and short covering is common.

Investors should use the opportunity to get cash out before the stock resume falling.

When dot com bubble.crash there were 8 bear market rallies of more than 10% each on the way to the bottom. Speculators never let go of overvalued stocks because each rally they think "worst is over".

Mnay stocks like Zoom, GameStop, Snowflake will never go back to their highs ever.
Tesla has many fans who will push the stock up and throw in $ to pump up but smart insiders like Elon Musk brother cashed out near $1000 level. Elon Musk is using his high overvalued Tesla stock to buy other assets like Twitter.

Speculative stocks never go down in one straight line and have rebounds to suck people back in all the time.