That's hard to say, though the next few months could answer that question.
I see a pop in this name that was hit by the hedge fund saga -- here's how to play it.
Has the dire need for human involvement in the process of price discovery ever been more obvious?
The blow-up of a fund last Friday is causing repercussions, but it is simply accelerating corrective action that was already underway.
It has become the market equivalent of the storming of the Capitol, and the viciousness must stop.
Market players revert back to small-cap stock-picking, especially in the SPAC sector.
But that doesn't mean that it's rigged.
The success of GameStop and now silver will draw pumpers and frontrunners into the WSB crowd.
Professional hedge fund managers adjust very fast, and they've done a lot of unwinding in order to restore flexibility.
Let's not kid ourselves that there is any longer some kind of relationship between price and value. Or fact and truth.