the 2021 saga
how a dead stock, a short squeeze, and a forum full of self-proclaimed autists changed markets forever. scroll it. 🖍
late 2020
a stock everyone left for dead
a guy called Roaring Kitty kept posting about a struggling game store. everyone said he was crazy. he kept holding.
Jan 11, 2021
the Chewy guy shows up
Ryan Cohen joins the board. suddenly the dead stock has a pulse. the line twitches up.
the setup
shorted into oblivion
more shares were sold short than actually existed — over 100% of the float. the internet did the math, and the internet got excited.
Jan 26, 2021
one word: Gamestonk!!
Elon Musk tweets a single word and links to the forum. the whole world is watching now.
Jan 27, 2021
hedge funds on fire
a major short-seller takes a roughly $2.75B lifeline to stay afloat. the squeeze is fully on.
Jan 28, 2021
$483 — then the buy button vanished
the stock hits an intraday high near $483. and then several brokers restrict buying — you could only sell. the internet is furious, and united.
meanwhile
nobody sold anyway
💎🙌 stops being a joke and becomes a movement. hold the line. no cell, no sell.
Feb 18, 2021
“I like the stock”
it goes all the way to Capitol Hill. under oath, Roaring Kitty keeps it simple: he likes the stock.
what it left behind
a word worn with pride
retail investing changed. apes, diamond hands, to the moon — and a word the forum wore like a badge. that's the crayon $AUTIST carries. different ≠ less.
that energy didn't die. we just gave it a crayon.
(not the financial advice. never that.)