Think about how this would have played out without the degenerates. Millions of shares floating, disinformation campaigns find their fruit in people who don't do their research. Shorters can cover their shares a few thousand at a time, cause the price to rise a bit, then do a touch of market manip to bring it right back down.

Rinse and repeat over a few weeks and the positions are clear. It's expensive because there's lots of interest but the amount of float is allowing massive under-the-radar moves. Very soon people lose interest because there won't be much in the way of massive gains anymore

The fact that the price keeps picking back up after every single dip means only one thing. There's still massive pressure going on. If this market were rational, it would clear. It's not clearing. No way GME is worth $360.

If it weren't for the HODLers, the only thing that would drive the price back up would be news stories piquing interest. That's not what we're seeing here. It's picking right back up because the people the shorters wanted to sell, didn't.