Recently the financial world has been shaken by a grandiose fl | forsage_official

Recently the financial world has been shaken by a grandiose flash mob organized by reddit users of the WallStreetBets community

By joining together people from all over the world were able not only to resist the big players, but also to shatter the multi-billion dollar stock market. As a result, brokers lost more than $7 billion.

During the pandemic retail investors flooded the stock market. The total share of retailers rose up to 20%. There appeared a force that couldn't be ignored

This is what happened as the result:

2 months ago the u/runoron subreddit started fighting against big players who are killing business.

The GME stock pump generated the largest turnover on the market (23.6 billion US-listed shares changed hands).

Other stocks did not stand aside: AAL, AMC, BB, BBY, CTRM, EXPR, GME, KOSS, etc.

Broker Robinhood has stopped trading on trending stocks. Interactive brokers, TDAmeritrade and Schwab, did the same.

The fact that brokers took the side of funds, not clients, caused wild indignation on Twitter.

Robinhood started to automatically close long positions of its clients.

Due to the closing of trading on trending stocks, the community switched to the crypto market, DOGE token made x8.

Affected funds: Melvin Capital Management, Maplelane Capital, Citron, D1 Capital Partners, etc.

What conclusion can we draw from these events?

This is a good example of the real strength of the community, the strength of each of us when we act together for a certain goal

The same power pushed us all to unite within the FORSAGE community when the first decentralized matrix platform was created.

An open smart contract, 100% goes to the network, complete decentralization and the fairest mechanism for distributing rewards.

Become a part of the global FORSAGE community!