We Are Witnessing Occupy Wall Street 2.0
Holy crap — Reddit isn’t backing down
Do you feel that in the air? Something is actually happening right now. We’re living in a moment, and it might change everything.
Reddit community Wall Street Bets is on a crusade. The day trading investing group isn’t backing off GameStop (GME) and is draining hedge fund managers out of billions while also exposing rampant corruption among the financial elite.
This might be the greatest redistribution of wealth in history if everything goes right for Reddit. Additionally, these Redditors are prepared to lose thousands or even millions of dollars to prove their point and fundamentally change the stock market forever.
What started off as a troll has turned into the French Revolution.
Let’s Recount What Just Happened
Robinhood, Webull, TD Ameritrade, and some of the most popular brokerage apps on the planet restricted people from buying high-flying stocks like GME, AMC, and BlackBerry. You could only sell these stocks in what looked to be unprecedented market manipulation.
These brokers violated their customers’ money, and in turn, violated their right to trade in a free market. Robinhood CEO Vlad Tenev went on CNBC Thursday afternoon to…