In case you missed the GME drama that is going on at the moment here is a video explaining how r/WallStreetBets is taking millions of dollars from an aggressive (and unethical) hedge fund. [25:00]

submitted by Jacinda from youtube.com

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[–]EthnocratArcheofuturist 2 insightful - 5 fun2 insightful - 4 fun3 insightful - 5 fun -  (1 child)

Who cares?

[–]Jacinda[S] 11 insightful - 1 fun11 insightful - 0 fun12 insightful - 1 fun -  (0 children)

I'm not that interested in the stock market but there is a certain sense of schadenfreude in watching a predatory hedge fund overreach while attempting to bankrupt a company and then (possibly) get knocked out of existence by a group of unemployed Redditors. Black Rock — an amoral company I absolutely despise — is possibly also on the hook for a huge sum of money.

I am also interested in the media spin and if Wallstreet will actually pay up. The system is rigged and it is satisfying to see people who have had so much money taken from them (or some of them anyway) get the upper hand for once.