A month ago the Reddit Rebellion as it became called ushered in the period of the market wars as the heroic people from the Wall Street Bets subreddit invested large amounts of money into stocks that the big hedge funds bet would collapse, causing the evil pigs at Wall Street to lose a fortune.
At the beginning the system went into total panic as the people were beating them at their own game so they had their playtoys like Robinhood ban trading of GameStop, AMC, and other stocks, to shield the big hedge fund rats from losing money. It was a desperate move by the system to salvage the money they were losing and for a time it worked and the stocks of these companies collapsed.
However as the time progressed, adaptations were made and there were signals of what was to come, especially with so much silver being bought in the UK, there was shortages.
On Wednesday, the heroic traders on the anti Wall Street side of the market wars struck big again in trading buying up large amounts of GameStop and AMC stocks.
GameStop at the beginning of trading on Wednesday was trading at $44.70 a share but it exploded to now at $150 as of current time in after hour trading. The surge in prices is well over 200% now as of 3:43 Central US Time.
AMC Entertainment has risen by nearly 50% as well after trading to over $10 a share.
Reddit has been offline earlier today in what was clearly an attempt by the system to disrupt the heroic reddit rebellion.
It remains to be seen how the system will fight back to preserve their wealth which is on the shakiest of foundations.
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