So a bunch of millennials got together through Reddit, Discord and WallStreetBets, deciding to target and "group buy" GameStop GMI, one of the most heavily naked shorted (illegal) stocks in existence (140% of existing shares) to generate a short squeeze, (totally legal). They were massively successful taking the stock from roughly $16-$347 in 2 days and the greedy hedge fund bastards got what they deserved, and rightly so, put wall streets panties in a bunch today.
At the height of trading today wall street illegally restricted retail trading of GMI, AMC, BB and others under the guise of hate speech and other trumped up charges to protect their buddies at the hedge funds. Now Discord and WallStreetBets have both been illegally shut down. Tomorrow 1000's of retail investors will take it up the rear due to this illegal action.
Just another example of "do as I say not as I do" and the SEC, media and wall street protecting their own.
