No, autists on Reddit and gab and other sites are collapsing a hedge fund that shorted their beloved GameStop. It has now become a cause celebre - and Elon Musk has joined the fun. Fascinating and hilarious overnight development that was so entertaining to watch in real time.
The stock is irrelevant. They don’t “love” GameStop. At one point the shorts were 135% of the trading volume. The company was targeted and a bunch of kids figured out how to screw them.
If you liked the revolution against the Swamp—you should look at this with a smile on your face.
I think AMC is the next stock, the funyuns are buying.
Funyuns is not a pejorative. They are having fun, and are mostly young.
Elon has no love for one of the hedge funds losing their shirt over $GME.