[ad_1]
If you’ve been on the internet at all in the last week, you probably know that something’s been going on with Reddit, Game Stop, and stock market, but aren’t quite sure what is going on.
T-Mobile
“Siri, can you please tell me what a ‘stock’ is?”
Well, basically, a bunch of hedge funds on Wall Street decided to “short” GameStop because it wasn’t doing well. AKA, they bet on the business to fail so when it did fail, they’d get a bunch of money. Got it?
Paramount Pictures
And the people of Reddit — particularly the thread r/wallstreetbets — decided to buy a shit ton of stock in GameStop to drive up the value so it wouldn’t fail, thus causing the hedge funds to lose a shit ton of money. Here’s a quick explainer, an even more detailed explainer, and a quick video Trevor Noah shared à la The Big Short:
Margot Robbie wasn’t available to explain this GameStop situation in a bathtub, so this is the best we could do.
Now, Wall Street is pissed and the investing app Robinhood has even barred people from buying further stock in GameStop and AMC.
CBS
TBH, you really don’t need to fully understand what’s happening to realize it’s fucking hilarious, and that’s why Twitter has absolutely exploded with jokes and memes about the debacle. Here are the 50 funniest:
3.
Everyone is treating the stock market like a fucking game and that’s because it is.
Twitter: @RespectableLaw
5.
Rich People: wHy dOn’T tHe pOoR jUsT iNvEsT tHeIr mOnEy
Poor People: Ok.
Rich People: …
Rich People: wait stop
Twitter: @JUSTINtime4aLAF
6.
GameStop sitting amongst Tesla and Amazon after reddit users make it a Fortune 500 company
Twitter: @Jordan_Deeb
7.
bunch of dudes on reddit joined together to raise gamestop’s stock price 150% just cuz and u want me to believe the stock market isnt just straight men’s astrology
Twitter: @bocxtop
8.
ME: explain the gamestop thing to me like i’m a little kid
*10 minutes later*
ME: ……littler
Twitter: @ben_rosen
12.
every time i hear more about the gamestop stocks thing my brain shrivels because its all insane wizard speak to me and i am further ensured as a species we never should have gone beyond foraging for berries
Twitter: @jetgreguar
13.
Amazon, Google, Apple, and Facebook when GameStop shows up to the top of the S&P 500
Twitter: @loganc3
14.
prayers for girls whose boyfriends just said “should i try to short the gamestop stock” despite not knowing what a 401k is
Twitter: @rebexxxxa
19.
Men will literally manipulate the stock market instead of going to therapy.
Twitter: @georgeciveris
20.
Pretending I understand literally anything about “hedge funds” or “Game Stop” or “Reddit”.
Twitter: @unegrandefemme
22.
Wall Street execs when they rig the stock market vs when other people do.
Twitter: @itsdannyneary
23.
I know this GameStop stuff is funny, but you have to remember this is hurting real people who own multiple boats
Twitter: @KevinFarzad
24.
yes everybody please keep talking about the stock market because I do like it and also perfectly understand it. wolf of wall street is my dad
Twitter: @kurtisconner
37.
$0.00 invested in stocks but entirely invested in watching wall street get fucked over
Twitter: @snitchery
38.
Wall Street: “We want a free market”
The Internet: “Okay, so we are going to collectively buy this stock to punish you for manipulating the market”
Wall Street: “AAAHGHGH NOOO NOT THAT KIND OF FREE MARKET PLEASE DONT GOOGLE WHAT SHORTING A STOCK MEANS YOU ARE POOR PLEASE STOP”
Twitter: @JonathanYMusic
39.
Wall Street: *manipulates the market to maximize profit*
Redditors: *manipulate the market to maximize profit*
Wall Street: why would you do this
Twitter: @Public_Citizen
40.
Wall Street with the “you better stop that my dad is a lawyer” energy right now
Twitter: @JacksonRickun
41.
My boobs are far too big for me to understand how the stock market works but i think anything that hurts Wall Street guys is good
Twitter: @cowgirl_beebop
42.
1980’s Wall Street: ‘Greed is Good’ ‘ We Are Masters Of The Universe’
2021 Wall Street: ‘Those reddit guys are picking on us, help!’’
Twitter: @CaslerNoel
43.
@GameSpot *Wallstreet billionaires manipulate the market for years in their favor
*r/WSB and other investors do the same
Wall Street billionaires:
Twitter: @DumHusky
44.
Wall Street: “greed is good”
Reddit: “buys a stock”
Wall Street: not like that
Twitter: @DocumentingBTC
46.
This whole gamestop thing feels like the financial equivalent of when the ants realized that they could gang up on the grasshoppers in A Bugs Life.
Twitter: @MegaMagwitch
47.
Wall Street when Wall Street when
they manipulate someone else
financial markets does
Twitter: @RoxyTall
50.
Everything with Gamestop is making me realize how I should have invested more time in our relationship. I treated it like a Game and I wish it never stopped. Anyways, hope you’re well.
Twitter: @myeshachou
[ad_2]
Source link
