the big uproar this week taking place in the short squeeze stocks really is epic on many levels and I think

the level that it's most epic on is just the sheer scale of this particular short squeeze and not even in dollar terms, but just in terms of how many people are involved. You're talking about somewhere

between two to three million people who regularly check the Wall Street

Betts thread at Reddit and then you're talking about a whole other army of

nameless faceless Tik-Toc users many of whom are placing buy and sell orders and stocks for the first time in their lives.

Somebody was trying to figure out whether or not this is like highly organized or it's just like a mob like a like a rabble and nobody really

knows who's in charge or who's leading this then. The answer is a little bit of both.

So there are YouTube accounts that have been talking about

buying GameStop and orchestrating a short squeeze. That's true. But most of the people who've jumped on board

are only doing so because they see other people doing it. They don't

know what the origin of the trade is. The way I explained it to somebody,

remember that day all of a sudden out of nowhere where you logged into

Instagram and like 500 of your

friends were dumping buckets of ice water over their head. They didn't

organize that. The letters weren't sent out. They just saw other people doing it to raise money for ALS research.

And then celebrities started doing it and then their friends and their family and before they knew it for no other reason

then to be part of it they started dumping buckets of ice water over their own

heads or their kids heads or their kids were dumping it over their heads and it just went from there.

So that's how quickly and without rhyme or reason things spread on social media.

There doesn't have to be a leader. There doesn't have to be a leader. There doesn't have to be an

organization. It's unnecessary. It just so happens that this particular meme

rather than being performative videos of people accepting

...