Poor people are about to gain a lot of financial literacy.
Somehow throngs of morons have been convinced by the internet echo-chamber that they can hurt Wall Street by giving Wall Street their money. Stupidity on this magnitude shouldn't even be possible.
>Time for the US Military to reconstitute the US Government and hand power back to We, the People.
The democratic process has been proven to be an illusion. We can't vote our way out of this. Military is the only way.
I second this.
>to a point where banks had to call the shorting brokers with 2 options
The third option is, "Nah, don't worry about it. We understand you're the victims of mischief from the unwashed rabble. So we'll give you plenty of extra time." Where will that leave the Redditors and their diabolical master plan? Long with a stock 20x it's real value. The hedges and the marketmakers will sit back, puff their cigars, and laugh at you.
A bunch of fucking morons.
He won't get to keep it. I'm sure the SEC is already up his ass with a microscope and has discovered that he made his purchase shortly before he went on Reddit and started this shindig.