It was a giant “fuck you” to greedy hedge funds. Pretty diverse crowd got in on it.
Don't gloss over the stock issues. That was straight up Q-Anon shit with the CEO sending them secret messages because of the SEC or some absolute insane bullshit.
phillaholic@lemm.ee 9 months ago
ericisshort@lemmy.world 9 months ago
Please link to the CEO’s Q connection. I tried but couldn’t find any relationship besides that time the SEC commissioner compared WSB smooth brains to the Q-morons that stormed the capitol.
roguetrick@kbin.social 9 months ago
It's not that the CEO himself was Q like. It's that SuperStonks went nuts about how the CEO had a plan he was telegraphing to them through coded messages. I am NOT going to try and look at that cesspool to find examples, but it's pretty much all they posted about on reddit.
CarbonatedPastaSauce@lemmy.world 9 months ago
You aren’t kidding. I bought 2 shares at the start of the hoopla just for fun. Then I watched as that subreddit just slowly went off the rails over the next several months. People could not accept that “DRS and HODL” wasn’t making everyone rich, so they started inventing looney tunes conspiracy theories.
I do appreciate the spotlight it put on the abomination of hedge funds, but ultimately there’s no real change to be had out of this. That was proven when Robinhood or whatever it’s called got off scott free in their lawsuit a while back.