The Internet Is Having A Field Day With The GameStop Stock Situation
There's no shortage of meme stock to invest in, as the Internet is responding to the latest Wall Street and GameStop debacle with a flood of jokes.
Video game retailer GameStop has been in the news all week, as a hedge fund attempt to "short" stock and make a quick buck met unlikely resistance in the form of subreddit group r/wallstreetbets.
Users of the social media platform decided to throw their weight behind GameStop, bought up as much stock as they could, and in turn managed to drive up the value of the company while costing hedge funds billions in the process.
This resulted in a turbulent week on the stock exchange, as short-seller Citron Research and r/wallstreetbets exchanged verbal blows, investment app Robinhood temporarily stopped users from trading GameStop stock, and the White House began officially "monitoring" the situation.
Amidst all of this, social media platforms have had a field day with all the drama, dropping plenty of memes and having a good chuckle at the ensuing madness.
Here's a look at some of the best jokes to emerge from this week's Wall Street debacle:
Rich People: wHy dOn'T tHe pOoR jUsT iNvEsT tHeIr mOnEy
β Justin McDaniel π³οΈβπ (@JUSTINtime4aLAF) January 28, 2021
Poor People: Ok.
Rich People: ...
Rich People: wait stop
GameStop sitting amongst Tesla and Amazon after reddit users make it a Fortune 500 company pic.twitter.com/AVUtcjs6gl
β Jordan Deeb (@Jordan_Deeb) January 27, 2021
GameStop Reddit traders still going at it pic.twitter.com/PXxw3WKdEG
β Bubba (@betoooherreraa) January 27, 2021
Wall Street right now pic.twitter.com/LmmrQdc7jI
β Paul Lawson (@PaulLaw10) January 27, 2021
β out of context parks & rec (@nocontextpawnee) January 28, 2021
just invested $20 pic.twitter.com/Qmmv4eCAve
β James (@CaucasianJames) January 27, 2021
Amazon, Google, Apple, and Facebook when GameStop shows up to the top of the S&P 500 pic.twitter.com/MAv8viUdcc
β Logan Cheek (@loganc3) January 25, 2021
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.
β Scott (@MegaMagwitch) January 28, 2021
*Wallstreet billionaires manipulate the market for years in their favor
β Huskyy (@DumHusky) January 27, 2021
*r/WSB and other investors do the same
Wall Street billionaires: pic.twitter.com/PE6ljMZkgi
1980βs Wall Street: βGreed is Goodβ β We Are Masters Of The Universeβ
β NoelCaslerComedy (@CaslerNoel) January 28, 2021
2021 Wall Street: βThose reddit guys are picking on us, help!ββ
Wall Street: *manipulates the market to maximize profit*
β Public Citizen (@Public_Citizen) January 28, 2021
Redditors: *manipulate the market to maximize profit*
Wall Street: why would you do this
Wall Street: "We want a free market"
β Jonathan Young (@JonathanYMusic) January 27, 2021
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"
Reddit discovers the stock market pic.twitter.com/3Ee9B0H5HA
β Firaga Walk With Me (@firagawalkwthme) January 27, 2021
i know how the stock market works i literally play animal crossing
β ββΩ (@astralfvck) January 28, 2021
huge crowd outside GameStop this morning as people line up to buy shares pic.twitter.com/WgrENMUUav
β dan mentos (@DanMentos) January 28, 2021
I know this GameStop stuff is funny, but you have to remember this is hurting real people who own multiple boats
β Kevin Farzad (@KevinFarzad) January 27, 2021
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