New Jugaad: #OccupyWallStreet 2.0 (Day 26)

 #OccupyWallStreet initially happened in 2011. It was a call by Main Street to keep a tab on the greed of Wall Street, which brought down the economy in 2009-10. It highlighted that many people were not happy with the income equality in the society, and blamed the narrow, money-minded attitude of the Wall Street bankers. It was mostly a peaceful protest. After some time, the movement fizzled out. Now we are in #OccupyWallStreet2.0. Here, the Occupants are battling the Wall Street in their own game, and so far, the protestors are winning! 

• The 1.0 took place at Zuccotti Park, located in New York City's Wall Street financial district, in September 2011.^[7]. The 2.0, like many other things, has also gone online. It is not confined to some city or a place. The crusaders against Wall Street have come out in a much larger number and with much more power this time. 
• This time, it is said, 2.0 started in a subreddit group /WallStreetBets. The group has 4 million members. Last time, the movement seemed like Main Street Vs Wall Street. This time, the Main Street is playing against Wall Street in Wall Street's own turf, and so far seems to be beating them.
• This started when the group started to buy stocks for #GME GameStop. Wall Street was very bearish on the stock, and there was a Short Interest of 140% of the free float! The stock closed around $40 last Thursday. On Friday, it closed at around $63, after touching a high of $70. On Monday, the stock price touched $155 but closed at $80 or so. The next day, on Tuesday, the stock jumped again and closed at $147. Then today, it opened at around $350 and closed also around the same level! This stock has gone up like crazy! There is tremendous buying by loyal followers, and also probably short covering.
• My 14-year-old comes to me today and tells me to buy Nokia stock. He wants me to buy as soon as the market opens because then after, the price is supposed to be going up. He wants me to buy this stock because he wants me to help the people who are trying to teach some lesson (punish is probably a better choice for the words) to Wall Street and hedge fund managers. Someone on TikTok told him that the Nokia stock is going to the Moon!
• A friend's son also bought some GameStops to punish hedge fund managers. All of his friends are also buying AMC, GME, BB and NOKIA for the same reasons.