So, the media has boosting that it is retail traders who are pushing up GME.

But, if we look at the September 2020 snapshot of the instituition holders of GME, we can see that GME is ridiculously held majority by big instituitions:

https://finance.yahoo.com/quote/GME/holders?p=GME

Compare this to Tesla:

https://finance.yahoo.com/quote/TSLA/holders?p=TSLA

How are retails traders going to build the GME wall if institutions were the primary holders in September? I am feeling that this whole thing is almost a scam by big institutions.

But, I guess we will know when the institution holders are updated for December 2020 and March 2021…

Thoughts?

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Yao Hong Kok

Software Test Engineer who loves tech, math, Japanese culture & investing. Also, the creator of Crystal Ball & Edge.poker.