This might seem like the stupidest question ever asked .. but…

exactly why does the price of a stock go up when lots of people buy it?

I get supply/demand.

But what I don't understand is WHO or WHAT does the price changes? And why?

Obviously the fundamentals of the company do not warrant the price increase in cases such as GameStop. And obviously stock prices don't go up each & every time there is a buyer because even when a stock is sinking there are BUYERS on the other end and yet the price still goes down.

Help anon out.

>>12756955

>>They can't just keep pushing that price up…"

well, one could think so, but that's exactly what they are telling us is happening with GameStop. Not only GameStop, but they are floating the idea that this can be done to any stock as long as the group of buyers continually expands.

It's insane on multiple levels, bc for every buyer there must be a seller, so theoretically that is the ultimate check on this situation, right?