“Dumb Money” upbeats “Smart Money”- 2

Let’s start!

A member of WSB wrote on Reddit that “GME is about sending a message. For all the recessions they caused. For all the jobs and homes people have lost. For all the people that can’t pay for college because minimum wage has stagnated while wall street gets rich. For all the retail traders they left holding the bag. For all the times they got bailed out with our tax money while we got nothing.”

Another comment was — “I am proud to be a part of this piece of history with you. Call it an opportunity, call it revenge, or justice, I know we are on the right side of this.”

Could this have been prevented?

Given the regulations put in place by the Securities and Exchange Board of India (SEBI), it is very difficult to carry out such trade in India.

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