Right now, with Torchlight Energy, investors should probably be watching the madness and popular delusions of the speculative class safely from the sidelines. Long-term investors buy a stock to benefit from the long-term growth of a company, not in the hope that they can sell the stock at a higher price to someone else and make a quick buck (profiting from what is often called the greater fool theory).
The complexity of this agreement is part of the reason Reddit message boards have been attracted to the stock, but at this point any fundamental underpinning to the stock moves is likely gone - emotion is the name of the game right now. In fact, after the deal is fully consummated, the plan is for the combined entity to jettison Torchlight Energy's energy operations. And in Torchlight Energy's case, that's on top of a very complex merger deal with Metamaterial, which is basically just looking to get a U.S. Today is just one more example of the extreme volatility being caused by this speculative group of traders. The ups and downs of meme stocks are frighteningly dramatic and unpredictable. So in honor of Torchlight 2, which will probably remain extant in all likelihood as our brains turn to mush for decades to come, here are some of the best mods for the game that are totally free to download, install, and use as long as you’d like.
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