HAHA! Is that where you moved your money to when you got out of the market?
Redditors are posting what they’re going to do with their winnings. #Billions is trending on Twitter.
You can not convince me this isn't hilarious and ompletely worth a hedgefund going out of business. pic.twitter.com/A7zdsbZjzJ
— Griffin – Live Protest News (@GriffinMalone6) January 27, 2021
Investor Jason Calacanis pointed out that a bunch of kids with $600 stimulus checks created the perfect storm and managed to screw Wall Street.
I guess professional short sellers never considered what would happen if they got squeezed by a legion of tiny retail investors with 20-year-old forum software, a free-trading app, and a $600 stimulus check at their disposal
Perfect storm!