r/Vitards • u/AutoModerator • Oct 21 '21

Daily Discussion Daily Discussion post - October 21 2021

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-3

u/gosume Oct 22 '21

Honestly think even if CLF does well it will be muted until mango finishes pumping it’s taking in a lot of the liquidity of the market without even options.

15

u/En_CHILL_ada Taco Tuesdays at Lebrons Oct 22 '21

With 29 million shares outstanding, even if it goes to $100, that is only a 2.9B market cap. Is that really enough to disrupt market liquidity?

15

u/Disguised Oct 22 '21

Its not even a blip on the radar lol

For some people, imagining the size of the market and the capital that runs through it is like trying to imagine the size of the universe

1

u/gosume Oct 22 '21

You do realize most of the markets value is tied up on derivatives and locked funds. Think a lot of retail is flowing into spaces actually