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" ... An army of young aggressive day traders and investors became enamored with a number of “meme stonks,” including GameStop and AMC Entertainment, the parent company of the movie chain. ... "
" ... Everything that is going on in the market and asset prices is coming from the Federal Reserve liquidity programs. That ascending line is all you need to watch. This is where money is born, stuffed into assets and then trickles down until it reaches the “stonks go boom” brigade that say stock only go up. ... "
" ... It has its own dialect: YOLO, stonks, degenerates and diamond hands. Users refer to each other as “retards”, “autists” and “smoothbrains” with blatant disregard for the offensiveness of those terms. They joke about their wives’ boyfriends. Memes and emojis are integral to communication. They celebrate big wins and exalt big losses. They seek out ways to cheat the system and inevitably end up losing more money than they had to begin with. Winners become heroes, losers become legends. ... "