NYTimes' Taylor Lorenz explains the meme stocks phenomenon

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Why are meme stocks like GameStop getting so much attention? TaylorLorenz says it’s partly because of influencers — from Roaring Kitty to Elon Musk.

 

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TaylorLorenz I'm sorry but you're wrong, no influencer made us apes buy the stock. We just like the stock. We have 💎 🧤, we are retarded, and we use bad language with no real knowledge. The best way to explain this, remember when shia labeouf did his 'he will not divide us' stunt.

TaylorLorenz Gamma squeeze Monday 3/1 today’s printed calls came due hedges going to have to buy a crapload of shares to provide liquidity.

TaylorLorenz This never happened pre 2006 no face book instagram youtube twitter etc. Ppl had tonuse the internet and look stuff up what a glorious time that was. News was not mostly fake and the best game was halo series the good old days.

TaylorLorenz it’s because we like the stock. The market determines the value. Not the Analyzers, hedge funds or lame stream no more down grades or up grades... we the people decided lol

TaylorLorenz It's boring to sit at home alone, looking for someone to spend time with

TaylorLorenz Influencer: Buy a ton of stock, pump it on social media, wait for the minions to push price, dump on their heads, rinse, repeat

TaylorLorenz $AMC

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