GameStop Corp. shares surged as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.”
Perfect, well as all these people are their own bank, and thus their own SOC, I see no problems there.
E: a bit more ontopic, but while the whole gamestop thing was marketed as an outsider consumer revolt against the evil stock traders, wasn’t somebody involved in starting the whole thing a trained stock trader?
Yeah, his name comes up in the Folding Ideas video. Don’t remember his name though, but if I remember correctly, he was a stock trainer who realised that large investors had large bets on game stop stock going down, and if it instead went up there was a lot of money to be made by betting on it going up. So he made such bets, spread the word, stock went up, he got rich and exited stage left without getting prosecuted for market manipulation.
But by then the whole memestock thing was of to the races.
Perfect, well as all these people are their own bank, and thus their own SOC, I see no problems there.
E: a bit more ontopic, but while the whole gamestop thing was marketed as an outsider consumer revolt against the evil stock traders, wasn’t somebody involved in starting the whole thing a trained stock trader?
Yeah, his name comes up in the Folding Ideas video. Don’t remember his name though, but if I remember correctly, he was a stock trainer who realised that large investors had large bets on game stop stock going down, and if it instead went up there was a lot of money to be made by betting on it going up. So he made such bets, spread the word, stock went up, he got rich and exited stage left without getting prosecuted for market manipulation.
But by then the whole memestock thing was of to the races.