It seems like everyone and their mom is suddenly interested in the stock market. We're officially on week two of the Reddit/GameStop and AMC stonks saga, and mentions of the movement have only increased in the media. On Twitter, many users have been taking advantage of the ability to buy fractional shares to feel like they're in on the trend. And it turns out investing makes everyone feel a little more rich and a lot more savvy than they actually are. These delusions of grandeur are being documented with "Me After Investing" copypasta memes, which often use images from Wolf of Wall Street to indicate the feeling of being a high powered stock broker. While the memes may seem repetitive in their self-deprecation and tongue-in-cheek nature, we're loving the unity that investing has inspired in the internet.
Wall Street
As the standoff between r/WallStreetBets and the GameStop short sellers endures through the weekend, no one can stop the surge of memes in support of the retail investors causing the squeeze. No one can really say what the outcome of all this will look like, but we love to see the little guy getting pissed off at billionaires. And of course, we're all about the memes.
It's been a crazy ass week as the war between millennial retail investors and the hedge fund shills of Wall Street rages on. If you've got shares in $GME, may this ridiculous sea shanty give you hope for a victorious outcome of this legendary short squeeze. But even if you're not in the game and don't know what the hell is going on, the lyrics might teach you a bit about the GameStop saga.
If you've been on the internet or turned on the news at all over the past few days, we're pretty sure that you've heard about the movement of Reddit retail investors (r/wallstreetbets) that's been f*cking up the hedge fund game. Well, it seems investment apps such as Robinhood, Webull and E-Trade want this fun to be over. The apps have decided to ban the trading of hot, shorted stocks such as Gamestop, AMC, and Blackberry - a move that's been incredibly controversial, and feels, to retail investors, like a huge betrayal. It's a betrayal that's already inspired class action lawsuits and criticism from politicians on both sides of the aisle. Despite the hubbub and anxiety, memes about this important moment in history are still flying around Reddit. Hopefully things will start looking up for the retail investors and brokerages stop treating bailed-out hedge funds with kid gloves that they do not deserve.
