re: I need an explanation; Robinhood & GameStock related

The crack pipe meme is a good way to explain shorting a stock...In this example, regular investors drove up the price of the crack pipes, forcing the hedge funds to pay a lot more than $10 to get a replacement crack pipe...thus they lost money.

Can some one explain what an autist is like I’m 4 but sniffed paint.

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2. Some people on Reddit saw the announcement, and in a protest on Wall Street, they all got together and brought up TONs of stock (via RobinHood) driving the price of game stop stock “to the moon” (cryptocurrency tactic) - thereby leaving these Wall Street guys with their dicks in their hands losing tons of money because these Wall Street guys HAVE to buy back at the high stock value within a certain time to prevent screwing over the people who actually owned the original shares

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This part might change investing forever. Hedge fund managers, who are among the slimiest people on the planet, may have to reconsider their strategy if they're going to get sodomized every time they try and short a company into bankruptcy.

The ability of retail investors to rapidly share information with modern technology is something that had not yet been exploited, but is now being exploited in a big way.

In theory, you could take down the whole global system by owning the remaining float.

The big guys don't like it as they have gentleman's agreements not go do this and the government doesn't like it because well it exposes the fraud and could bring down the whole system.