felix.

If you guys missed this, basically this subreddit full of idiots who make dumb day trading decisions because it makes them laugh decided to buy stock in GameStop (a dying company) and enough of them did it that it created indication of a bullish up swing so stock traders bought tons of stock. Now everyone who shorted stock in GameStop (because it’s a dying company) are getting reamed and losing millions. Fucking clown shoes economy lmao

this tweet that screenshots a Reddit post explains it better than I can but basically a hedge fund bought a bunch of Gamestop stock because Gamestop is a dying company and they would make a bunch of money once the price stock went down. A bunch of Redditors saw this happen and, to screw over the hedge funds, bought a bunch of stock, causing the price to go up, and in return, the hedge funds have to keep buying the (Reddit-inflated) increase price of Gamestop in order to keep their placing their bet. Some of the most parasitic people on the planet are mad because Redditors showed how bullshit the stock market is for the fun of it. The owner of the New York Mets lost 3 billion dollars in 24 hours.

ALL CONDUCTORS ARE AWARE OF FELIX