I haven't enjoyed financial news this much since Bill Ackman got owned by the collapse of Valeant Pharmaceuticals.
The funniest thing by far has been watching hedge fund managers and their jackass PR representatives crying about how r/wallstreetbets is the equivalent of domestic terrorism.
Exhibit A, courtesy of Linkedin:
I have to admit that even I'm a little shocked at how transparently they're now rigging things back in the big guys' favour, though. It sounds as though Citadel reloaded a huge short position right before it told Robinhood to stop allowing people to buy Gamestop, which, even by Wall Street standards is open-and-shut market manipulation.
As @blackjack21 noted, anything to make sure Melvin Capital doesn't have to suffer any consequences for putting on such a ludicrously large short bet with apparently no measures to mitigate risk.
(What kind of a name is "Melvin Capital" anyway? Fucking dipshits
)
"Perhaps you want me to die of unrelieved boredom while you keep talking." - Martin Luther