What The Heck Happened On Wallstreet

by Sam · · 1 min read

Yesterday, a massive group of Reddit users thought it would be a funny idea to artificially buy a ton of Gamestop stock in order to bet against the big Hedgefunds on Wallstreet.

However, what they did not know was when they're movement actually got traction, the hedgefunds took extraordinary action to cover their billions in losses.

Big tech platforms like Reddit and Discord shut down the Reddit users pages claiming "hate speech" at a very convenient time.

Robinhood, a stock trading platform, did exactly the opposite of its name and stole from the poor and gave to rich by preventing people to even buy certain stocks! 

BUT ... they were able to sell off their own stock in order to bail out the big hedgefunds.