The internet can’t be stopped.
When the internet unites for a singular cause we can see amazing things happen. Late last month a subreddit, called WallStreetBets, released a potential short squeeze for the stock GME (GameStop). So the retail investors on this subreddit put various amounts of many in hopes of rising it’s price. And this bet paid off. Big hedge Funds, including Melvin Capital, were hit hard after shorting over 100% of the stock and losing billions of dollars (yes with a b).
Why is this a big deal?
These hedge fund managers are the same people that after…