The Democratization of Investing is here, Let's Go WSB!

The Reddit page: WSB (Or Wall Street Bet) just shook the financial world, by buying stocks that the hedge funds shorted. This has sent waves across the world, prompting everyones response. The price of GameStop as we speak (7.28pm, 29th January 2021) is at 193.60

Luckily, The moment I saw this around late night on the 28th of Jan, I had the privilege of being a part of this exclusive club (Just a matter of pressing the join button on a reddit page 😂) before it became private with fears of outsiders who are in the hedge funds side may find dirt on this page (Little did I know what I joined would be spoken by everyone, even Late Night Show Hosts & CNN (with the likes of Chris Cuomo were in the side of the Redditors, quite a surprise). The only thing I can do is just mass upvote the posts they have 😂.

But besides that, the stories I saw in the Wall Street Bets page show how positive this has been, regardless of the outrage from the billionaire class. People have been able to settle huge bills issue, even this case of a Redditor who wanted to save his dog who had a little issue regarding getting weight on his back leg but didn't have the money. Thanks to investing for GME at the point when it was $97 a share, and seeing the gains once the investors rallied for Gamestop, he was able to pay for its surgery.

A redditor commenting on how grateful he is for the community for allowing him to pay his dog's vet fees

And more positive stories of people helping settle huge bills have been posted on thanks to their investing in GME.

Now I am one for earning money, since it is a tool that can be leveraged for good, but what hedge funds do is steal money from the back of normal, hard working people, that is quite immoral and should be called out.

And r/wallstreetbets was abled to do this.

The people who were leading behind this amazing movement, or let's just say the GME Stonks gang:

- Elon Musk (Obviosuly)

- Andrew Tate

- WallStreetBets

- U/DeepFuckingValue

- And basically anyone who is not a corporate shill or a hedge fund manager.

What does this mean for us people watching all of this happening outside the States, this shows the power of the middle class and now in Sri Lanka the ability to trade online has been enabled by the Colombo Stock Exchange, via the app that can be downloaded on the android and apple platform.

This is history in creation and as Brooke Baldwin stated on her CNN interview with Jordan Belfort: "This is the kind of thing that will have an entire chapter in a business school book, there will be movies about what has happened and there is an opening for the little guy on wall street,".

This indeed, stated by Youtuber, Paul Joseph Watson "Is the Populist takeover of Wall Street,".

#StockMarket #NYSE #GameStop #WSB #WallStreetBets #Reddit