#EatTheRich

Well, I’ve been learning a lot since this morning!

Below are two resources that helped me better understand what is happening with GameStop ($GME) and WallStreetBets and why it is such a huge deal.

Here is a FANTASTIC explanation of what's going on with Reddit, Gamestock, the stock market, and the hedge funders who are losing their shirts thanks to a clever public plan to #EatTheRich. #HoldTheLine

(Tell me in the comments if you know the author, so I can credit.) pic.twitter.com/ilXidgA6Zp
— Amee Vanderpool (@girlsreallyrule) January 28, 2021

Here is a rather amusing, well-informed offering from the NY Times on the events. It contains a quote from the wife of a California evangelical pastor, which has led to the phrase trending on Twitter (#EatTheRich).

‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game

https://nyti.ms/3a7PVuV

GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.

Having some fun covering this emerging story

🙂

-TFF

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