The Memes BEAT Wallstreet

3 years ago
5

Memes beat Wallstreet, by changing the game. While short selling, and financial pressure will systematically beat down targeted companies... Wallstreetbets and retail investors, fueled by memes and community enthusiasm, struck a blow at the heart of Wallstreet which would echo to the tune of a near 100 BILLION dollar loss.

Gamestop, AMC, and a multitude of other companies became financial weapons in a war of social media virality, and established institutional tactics. The Memes won.

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