Wall Street / GameStop Mania

[Montmorency]

Nice, I'm seeing as much as XXX of snow around me. Rare (in the city). And rain will probably wash most of it away tomorrow. The public schools are making today and tomorrow snow days; naturally though, remote learning continues.

Are you under the impression that any of these people with the time and money to buy a few $200 shares are anywhere close to the poverty line themselves?

Kind of?

Don't get me wrong, this is all funny, but let's be clear that you don't need to be poor to regret the loss of a few hundred or thousand. Among the retail crowd, there are going to be some big winners, like that Diamond Hands fellow, and a much bigger number of losers, even if maybe the majority of the crowd doesn't quite fall into either category (although netting $100 is always better than losing $100, so...).

And yes, there is a sort of ambivalence here, between concern for the losers and skepticism about the demographics most represented among the players.