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WARNING: RANT AHEAD
Let’s go back to 2021. The first time we heard of “meme stock”. A redditor under the name “Roaring Kitty” organized a rally on what was essentially dead stock. Things like AMC Theatres and GameStop. Stocks that traders are shorting and hoping do not perform well short term. Well, the billionaire hedge fund trustees didn’t like that and HALTED trading on those stocks. They were losing billions.
Trading closed on GameStop once again yesterday after the stock skyrocketed by 74%. “Roaring Kitty” was at it again. Rallying redditors and social media consumers of all kinds to buy the stock up. And you bet, trading was shut down once again. The billionaires were losing at their own game. So they shut the game down. It’s a dirty game. It’s so blatant and obvious. I believe in fairness to a fault. I know for a fact that it has held me back in life. But I’ve said it before, “At least I have a spine.”. I’ll take common decency over dollars any day. The great George Carlin once said, “It’s a BIG club and you ain’t in it”. I’m not sure that phrase has ever been more true than now.
THIS IS A GEORGE CARLIN CLIP. THERE IS COARSE LANGUAGE. THERE ARE BLUNT OPINIONS. IF YOU OFFEND EASILY…JUST DON’T WATCH IT! YOU’VE BEEN WARNED!