Shorts: The GameStop Stock Saga
Really Nice Free Market You Got There, Would Be a Shame If Something Happened To It.
The Meerkats welcome Neil’s brother to the pod to talk about the evolving GameStop stock saga and try to learn why this story is so captivating. It turns out that sticking it to a bunch of Wall Street jerks is one way to unite the country.
Further Reading
The GameStop Reckoning Was a Long Time in Coming by Kevin Roose for the Ney York Times (paywall)
GameStop shares are on a wild, Reddit-driven run by Hamza Shaban for the Washington Post (paywall)
Current Status of WallStreetBets's GameStop Run: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 by Whitney Kimball for Gizmodo
This is unacceptable.
— Alexandria Ocasio-Cortez (@AOC) January 28, 2021
We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.
As a member of the Financial Services Cmte, I’d support a hearing if necessary. https://t.co/4Qyrolgzyt
Part of the GameStop absurdity and chaotic revelry is seeing news outlets publish Reddit usernames with a straight face pic.twitter.com/BGaGbE9Wdj
— Hamza Shaban (@hshaban) January 27, 2021
