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Buying bottoming range yields 400-700% returns; Twitter toxic from market shaking out bored traders.

From Michael Burry Is Getting Squeezed — And He Just Doubled Down · jumps to 44:51 · speech

▶ Open at 44:51 on YouTube
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Still a 400% move and you weren't even close to the bottom. So, you bought You bought almost 70% higher than the people who bought the smico low and you're still getting a 400% return and you're not going to buy the pico low or the [ __ ] pico top. The idea is you just want to be building exposure in the bottoming range and I just don't think that what's happening now is any different yet. And the reason Twitter is so toxic right now, everyone's bringing up, "Oh, these guys were scammers and this person's a scammer and that person's a scammer and these are a scam and this is a scam and [ __ ] you and [ __ ] you." It's cuz most people are bored and the market is shaking them out, but instead of shaking them out via price, it's shaking them out via time and lack of volatility.
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