Hedge fund managers have been left reeling after nasty Reddit users usurped their extremely fair and beneficial short selling of Gamestop stock.
The financial elites are shocked that the plebs dared take them on at their own game, and one fund manager has taken it particularly badly.
Hugh Janus (real name with editor) told DTTN that he was down to his last $10bn, and could barely look his wife or mistresses in the face.
“I’m supposed to be the puppet master, not a collection of sweaty basement dwellers. They need to get back in their box and leave trading to the big boys.
It’s just so unfair. Why should I lose billions just because they fancy having a laugh? I’m not a meme. I have a property empire and several yachts to maintain. It could take me months to recoup these losses.”
Janus has called for the SEC to investigate the trades made by Reddit users, who he believes “should all be locked up.”
“These internet people need to understand that the free market is not designed to be manipulated by a bunch of unscrupulous vultures. It needs to be safeguarded for experienced financial custodians to short sell as they see fit.”