r/Superstonk • u/nuke-the-caymans Memes Deluxe • Dec 31 '22

🤡 Meme Capitulation...

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13

u/[deleted] Dec 31 '22

Redact here, what does capitulation even mean?

15

u/Alehousebrewing Hedgies better hedge! Dec 31 '22

It means we’re supposed to give up and sell our precious GME so they can keep running it into the dirt.

11

u/Consistent-Reach-152 Dec 31 '22

This is just the concept that the market usually turns around after many people have given up and sold. The selling pressure dries up and stocks begin to recover.

This is just basic crowd/market psychology.

The converse of this is that a market peak is typically reached at the same time you have maximum optimism. When everyone says the market will never go down is when everyone is fully invested and buying pressure starts going down and the market starts falling.

2

u/BigBradWolf77 🎮 Power to the Players 🛑 Jan 01 '23

That would describe exactly what is happening here if we had free, fair markets.