“All you fucking Boomers enjoyed the golden age of America, when high school students could work for a summer and buy a car or a factory worker on a single income could buy a house and start a family. The altered clip tells the story of the GameStop raid from the Joker’s perspective as if he were WallStreetBets made flesh. Instead, what’s come to the forefront on Reddit is to get the world’s attention on their power over an unjust financial reality.Ī manifesto of sorts was posted on r/WallStreetBets on Friday by user u/cevin_kahn as an altered clip from the 2019 movie Joker. While some Reddit users have already claimed that they’ve made a life-changing sum of money from the push, the actual financial opportunity of the move seems largely in the background. The trend caught and spiraled and the stock has boomed against all expectations and reason. ![]() Essentially, users on that subreddit community discovered that many investors were “shorting” GameStop by betting on it to fail, so late last week, WallStreetBets convinced enough people to buy stock in the seemingly-doomed retail store to increase its valuation. 27, coming as an alarming surprise to those who don’t frequent the r/WallStreetBets subreddit, the stock rose as high as $370 per share. Last fall, GameStop announced that it would soon be closing hundreds more of its stores and at the beginning of the year, a share in the company was worth roughly $18 USD. ![]() And then when people start having these back channels of conversations, they start posting secondary information being like, ‘yeah, screw them, we’ve been disenfranchised.’” “I’ve been tracking it since last Friday, but at the beginning it was likely a game. “This has nothing to do with actual money,” Jamie Cohen, a digital culture expert with a PhD in cultural and media studies, told TIME.
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