The Showdown Between Wall St and Main Street
Wall Street is losing its mind as many hedge firms have been shorting stocks betting against companies on the decline and many main street online small investors have figured out by ganging together and investing in certain companies like Gamestop, they can drive a stock higher causing major losses to Wall Street. Today we saw major trading platforms shutdown buying of these stocks in favor of Wall Street, hurting the small investor, but a major backlash is brewing.
