/1

are you wondering what all this talk about the Gamestop ( $gme ) is about?

let me try and summarize it for you,

@Gamestop was apparently the most shorted stock in the market,

a chad CEO steps in and there is renewed faith in the company,
/2

Short sellers begin to get squeezed and a company named Citron Research publishes this tweet: https://twitter.com/CitronResearch/status/1351544479547760642
3/

this angers the members of a subreddit known as /r/wallstreetbets who believe Citron and friends are wrong about the stock.

/r/wsb clearly had a bone to pick with hedge fund bros,
4/

one of the subreddits mods posted this message

"What I think is happening is that you guys are making such an impact that these fat cats are worried that they have to get up and put in work to earn a living,"
5/

members of the 2m member sub start buying up $gme and short sellers have no more stock to short.

@chamath joins the party and adds fuel to the fire; https://twitter.com/chamath/status/1354089928313823232
6/

@elonmusk takes @chamaths fuel and uses it for a rocket ship 🚀 https://twitter.com/elonmusk/status/1354174279894642703
7/

and, $gme currently trades at $209 🤯

that's approx $200 over analysts expectations.

so what do we take away from this?
8/

the best i can muster is that social media rules financial markets now.

$gme has been the tipping point.

there is no telling where we could go from here ...
9/

Companies are placing crypto on their balance sheets.

8 bit pixels are selling for close to $1m and

billionaire bad boys are single handedly moving markets with their social influence.

it looks like we are in a new world.

please remember to take profits.

/fin
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