GameStop (GME) to be added to the S&P 500

fan27

fan27

NY, NY - In a surprise move today, S&P Global announced that GameStop (GME) would be added to the S&P 500 index. When asked how could GameStop meet the criteria for being added to an index containing the largest US companies, Paul Dicks said "Look, we are trying to get ahead of the curve here. With the explosive growth of the stock price and solid support from the Reddit community, it is only a matter of time until the stock exceeds the capitalization of a good number of the stocks listed in the S&P 500". When Gabriel Plotkin of Melvin Capital who is heavily short the stock was asked to comment on the news, he said "F&#K Off, I just another margin call today asshole!".
 
That a social media group made of millenials can pump a stock, it's not a big deal... but when they can influence the sp500 entry by modifying the market cap of a company worth bn's... I need to start hanging out on reddit!
You are only old when you stop accepting changes.
 
These guys are the market's revolutionaries. Pulling their resources to fk with the big hedge funds is genius!
It's not going to end well...
 
just fucking wow... gapped to $360 wtf : o

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