Now what? The Stock Aftermath
Now that we are a couple days into the stock talk that has taken over the Twitter-sphere and media in grand fashion, we can look at it from an outsider perspective. Outsider meaning I don't do stocks. Never have and probably never will. Unless I'm old and bored I'm guessing.
Anyways here is what I know. Reddit was used (as it is for all the crazy things in this world now) to connect a bunch of people into buying stock in GameStop using the Robin Hood app. GameStop‘s numbers went up because regular people (like me) that understand stocks (not me) were making some good money on it via the “free market” app. Whatever that means. The wolves of Wall Street apparently had a meeting or something and decided that wasn’t good and found a way to have Robin Hood stop allowing purchases of GameStop and only allowed those who already bought to sell only. I truly don’t know so probably shouldn’t even speak on it. I will, however, say this - WHO CARES.
This is a tale as old as time. The "rich get richer" or "nobody cares about the common man" come to mind. I don't blame the Wall Street folks for getting scared. If I had to speak in their terms all day I'd get freaked out over something "normal folks" are doing too. The words they use has always dumbfounded a simpleton like myself anyways. Market volatility, shorts, sell high, blah, blah, blah. It's all shenanigans. Which just makes me more glad that I haven’t the slightest clue what they are talking about.
And to think I’ve always felt like I was missing out on something big because I didn’t understand stocks and the rise and fall of it all but I’m better now. These past two days have been a real eye opener to see just how crazy it is and how I’d rather stick dollar bills in a Mickey Mouse shaped coin bank rather than worry about the talls and shorts of a jackwagon company like GameStop.
I’m just happy it’s Friday so WandaVision takes up more of my timeline than day three of this nonsense.