If Books Could Kill cover image

The Meme Stock Cult [TEASER]

If Books Could Kill

CHAPTER

The Power of the Social Media Mob

GameStop was heavily shorted by major financial institutions. The price of the stock shot up to nearly $1,500 a share in January 2021. A social media mob then started buying shares and driving down the price. This is like when K-pop stands made it impossible to get tickets to some Trump rally in Nevada by spamming all of the links to get tickets.

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