Call it a Reddit Rebellion or Occupy Wall Street: Reddit Edition, but what we’re now witnessing in the stock market is rather, let's put it this way, “unprecedented.” A small group of Reddit traders from r/WallStreetBets sent GameStop shares soaring, causing billions in losses to billionaire Wall Street investors.

At this point, the GameStop turmoil has far exceeded the walls of the online forum and got the White House monitoring the situation. Meanwhile, amid outcry over limiting GameStop trades, the brokerage app Robinhood is about to reopen “limited buys” again this Friday.

And just a day ago, a Reddit trader penned this viral open letter explaining the real motives behind the group’s resentment for the Wall Street giants. Turns out, they’re not backing down. Did someone say something about 2021 being "boring?"

But the GameStop frenzy has not only shed light on the imbalance of power we see in this world, but has also sparked some of the funniest jokes, memes, and puns on the way. Because in the end, no matter who wins the mad stock fury, the small people of Reddit, or the rich and powerful guys, at least we got something to add to our beloved comedy department.

#1

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JoshShapiroPA Report

Tracee Jeen
Community Member
1 year ago

We really need to change this.

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#2

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JUSTINtime4aLAF Report

Dre Mosley
Community Member
1 year ago

The common man is just playing the same game they've played for years. Wall Street doesn't like that the common man is beating them at it.

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#3

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

GoggleCher Report

Maurettis
Community Member
1 year ago

"My name is Legion, because we are many"

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Previously, Bored Panda reached out to a banking expert and independent investor who preferred to stay anonymous to find out more about the current frenzy in the stock market.

The investor said that sharks in Wall Street hedge funds smelled blood and tried shorting (betting against) GameStop’s stock. What happened is that they “underestimated the sheer volume of small individual investors who have easy access to markets thanks to apps like Robinhood, eToro, etc. and can share their intentions via social networks.”

Most importantly, this unprecedented case of the success of online forum-bred traders indicates that “the age of individual investor (as opposed to institutional) is not over just yet."

#4

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

KevinFarzad Report

AzKhaleesi
Community Member
1 year ago

hedge fund managers "honey pack up the kids, we have to leave our 5,000 sq ft mansion into an 1800 sq ft shack with the peasants."

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#5

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

snitchery Report

Aski Markup
Community Member
1 year ago

Hell yes!

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#6

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

NoMansSky Report

David Retsler
Community Member
1 year ago

Never in my almost 40 years either. And I like it. I don't have a dog in this fight but I am cheering for the Reddit side. F**k the banks and brokers. They f****d us enough and now it's their turn.

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Even though nobody can be sure about the future of GameStop at this point, the independent investor believes that it depends on how well they manage “this tsunami of electronic entertainment."

What may happen is that “an influx of funds might allow GameStop to reinvent their business model and concentrate almost purely on digital sales and remote deliveries.” They may also leave “a few brick-and-mortar places for that authentic old-school experience.”

But right now, get your popcorn, kiddos. The stock entertainment buzz is still airing and there’s no end on the horizon just yet.

#7

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

_johnsonsabrina Report

David Retsler
Community Member
1 year ago

LOL! I'm a boomer but that "make coffee at home" crap really pissed me off. I'm glad to see it getting thrown back at the assholes.

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#8

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

SimuLiu Report

Clowton
Community Member
1 year ago

THAT is how you work from home. If they could do this via Reddit, your work meeting really could be an email.

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#9

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

AbdulElSayed Report

David Retsler
Community Member
1 year ago

Yeah, and keep imagining it because it's never gonna happen in the real world.

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#10

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JonathanYMusic Report

rspanther
Community Member
1 year ago

Some of them are less poor today.

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#11

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JacksonRickun Report

Bacony Cakes
Community Member
1 year ago

my dad works at xbox as an admin he wil ban u

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#12

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

kenklippenstein Report

Narwhal Blast
Community Member
1 year ago

I don't get this one

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#13

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

mikegins Report

Mewton’s Third Paw
Community Member
1 year ago

You can sell it, you just can’t buy more. Which is fine I guess because it’s not like you’d be averaging down. You either got in by now or you didn’t.

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#14

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

Rae_209 Report

Elizabeth Sieben
Community Member
1 year ago

😂😂😂

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#15

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

RespectableLaw Report

Mewton’s Third Paw
Community Member
1 year ago

You can literally bet on it. It’s a literal actual game, and you can even make side bets like in a casino.

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#16

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

bocxtop Report

Mewton’s Third Paw
Community Member
1 year ago

Nope, wasn’t all dudes. Like half of us are women.

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#17

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

DMC_Ryan Report

Danny Bai
Community Member
1 year ago

I traded in my physical copy of undertale at GameStop for like, 60 bucks in Canada. Pretty good deal as I had already reset multiple times.

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#18

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

ben_rosen Report

Slinkman
Community Member
1 year ago (edited)

You're a rich dude that sells something you borrowed, because you thought you could buy it back later way cheaper and earn money off it. But many other people (with less money) buy a lot of the thing you sold, and now it's very expensive to get back. It wasn't yours so you're forced to buy it back for way more money. And now you, as a spoiled rich guy, lost a lot of money. You are not used to this, especially because the 'little' man is the cause of your loss... Now you're crying like a big baby because 'it's not fair'......

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#19

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

kenklippenstein Report

Robert Miller
Community Member
1 year ago

I guess they'll have to "pull themselves up by their own boot straps" ... (do Ferragamo loafers have straps?)

#20

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

SaxNStrikeouts Report

DeeDee M
Community Member
1 year ago

Opulence...I has it.

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#21

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

loganbartlett Report

WilvanderHeijden
Community Member
1 year ago (edited)

As if the hedge fund managers now suddenly are the poor suffering people, they themselves always told people that they should stop being poor. And if they are, than here's some advice: "Stop being poor."

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#22

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

AngryBlackLady Report

my yellow wise rug
Community Member
1 year ago

Sonic the Hedgefund manger

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#23

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JediofGallifrey Report

QueenoftheSquids
Community Member
1 year ago

What Jedi is that in the profile pic or is it just the dude making the post but with a lightsaber

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#24

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

BarfingChicken_ Report

AzKhaleesi
Community Member
1 year ago

yea this pissed me off when this dies down I'm selling and going to a different company. I didn't buy any gamestop stock cuz didn't hear about it until it was too late which i'm glad because I would've gotten it through robinhood and been screwed. F**k them too

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#25

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

chipfranklin Report

Mewton’s Third Paw
Community Member
1 year ago

No worries. We know it’s rigged and we know how to play the game now. Your move!

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#26

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

Sovryn_t1ao Report

Raven Sheridan
Community Member
1 year ago

F*****g legend!

#27

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

BrotiGupta Report

Scott Rowan
Community Member
1 year ago

to modify a popular movie series tagline... "Buy or sell, make your choice."

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#28

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

robrousseau Report

ƒιѕн
Community Member
1 year ago

Every little bit helps. Hold.

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#29

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

RoxyTall Report

#30

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

asiabown_ Report

PristineMisty
Community Member
1 year ago

well well well how the turns have tabled, how the turntables turn.

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#31

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

mickynicks99 Report

로희
Community Member
1 year ago

I always laugh reading "listen here, you little s**t." I have stupid sense of humor. 😂

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#32

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

MarthaMyrick Report

Amanda Hunt
Community Member
6 months ago

Now the one to buy is Shiba Inu lol

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#33

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

tallanddarling Report

David Retsler
Community Member
1 year ago

AND they lost their monocles!!!

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#34

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

loganc3 Report

David Retsler
Community Member
1 year ago

Ahhhhh... I know this reaction well. LOL

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#35

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

KimMangone Report

David Retsler
Community Member
1 year ago

If you can show them how to make money doing it they'll be all in.

#36

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

mannyfidel Report

Kristen Veader
Community Member
1 year ago

since when did kermit have a full set of teeth?

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#37

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

KassyDillon Report

David Retsler
Community Member
1 year ago

"GameStop is soaring because of me! You didn't see these numbers when Obama was president because he was a loser! Game Stop is a winner like me! You wouldn't see these great numbers under a Democrat! Game Stop pulled their stores out of blue run states because of fraud and lies! They are only in red states now who voted for me in the best election ever and are rewarded for it! Covfefe."

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#38

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

DocumentingBTC Report

Elizabeth Sieben
Community Member
1 year ago

i'm telling mom!

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#39

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

_Kenziepuff Report

Danny Bai
Community Member
1 year ago

GameStonks

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#40

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

KatieRagosta Report

catslave6
Community Member
1 year ago

I really relate to this one....

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#41

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

bosemergmann Report

AzKhaleesi
Community Member
1 year ago

Sup!

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#42

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

Dat_Blacktino Report

Mewton’s Third Paw
Community Member
1 year ago

Wow, nice

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#43

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

milesbon Report

Laurie Ostergaard-Overbey
Community Member
1 year ago

NOW i understand!!

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#44

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

jessinicoleb Report

#45

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

psyxhosiaa Report

David Retsler
Community Member
1 year ago

Except that ain't chocolate.

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#46

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

itsdannyneary Report

rspanther
Community Member
1 year ago

And how they were opposed to any government oversight after the last crash, are now saying that the government needs to look into this.

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#47

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

ssseseelle Report

Teucer T
Community Member
1 year ago

Hou take your sister's iPhone from her room while she's asleep. You sell that iPhone to some dweeb down thw street for $500. Before your sister wakes up, the dweeb's parents find out and force him to sell it back. You offer to buy it $100, and he grudgingly accepts. You sneak the iPhone back into your sister's room and you walk away with $400.... That's called "shorting"... What happened with GameStop was that the "dweeb" you sold the phone to figured out it was your sister's phone and if you don't get it back to her room before she wakes up she's going to kill you. Grinning from ear to ear, he offers to sell it back for $1000. And, because you want to live, you paid it.

#48

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

firagawalkwthme Report

SocksNeverMatch
Community Member
1 year ago (edited)

Go Joker!!

#49

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

JKap415 Report

Jamie S. Martindale
Community Member
1 year ago

Confirmation bias leads to lots of people being overconfident in their ability to predict the future...

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#50

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

adamgreattweet Report

Josh Tall
Community Member
1 year ago

"you're"

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#51

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

SciGuySpace Report

Scott Rowan
Community Member
1 year ago

Starship *can* launch, it just can't land....in one piece.

#52

Hedge-Funds-Losing-Billions-Gamestop-Stock-People-Reactions

DedekindTegan Report

David Retsler
Community Member
1 year ago

"Mr. Stark... I feel too heavily leveraged in my short position."