As GameStop shares surged over 170% on Wednesday afternoon, a nervous hedge fund manager quickly ripped the Reddit server’s power chord from the wall. The unnamed hedge fund manager, whose fund was devastated last month by teenagers buying up GameStop, wasn’t willing to risk a repeat of the episode.
With r/WallStreetBets down, millions of amateur traders will be unsure what to do with their GameStop shares, and the rally will most likely fizzle.
The hedge fund manager reportedly saw the massive spike in GameStop shares and immediately began sweating as tears welled up in his eyes. The flashbacks to January caused a fit of rage, resulting in the Reddit servers being powered down. One source says the manager even urinated on the servers.