If you don't live under a rock, you must have heard a lot about GameStop, the stock market and hedge funds recently. However, like everyone else who does not understand how the stock market works, you are left scratching your heads. Am I right or am I right?
Anyway, since you are clearly not alone in this, actress and comedian Avalon Penrose took to Twitter to ease things out for you (Well, not really).
In the video posted on the microblogging website which is captioned, 'a normal person explains what's happening on the stock market', Penrose 'tries' to explain the scenario but of course, fails to do so which is the whole point of the video.?
She starts the video with quite a confident stance and just when you are glued to the screen, paying attention to every word she is saying, she struggles to find her words and explain any further. She even mumbles somewhere in the middle and you can't help but relate to the entire act.?
Her video has been viewed a whopping 6.3 million times and is one of the most-talked about piece of content on the internet right now.?
Even the world's richest man Elon Musk liked the video and commented on the same.
Also read:?A Single Tweet By Elon Musk About One Company Made Its Stocks Skyrocket!
He also found the perfect opportunity to promote Tesla's red satin shorts, which were originally designed to mock short-sellers who borrow and then sell stock, hoping for a decline in price so that they can buy it back at a cheaper rate and earn profit.?
According to a Bloomberg report, 'The saga that is GameStop Corp. has turned into nothing short of a national sensation. For parts of the hedge-fund industry, it's an existential crisis.'
The report further adds, 'It's at least part of the reason the entire stock market tanked on Wednesday.'?