Draft:MOASS

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Some dare call it Conspiracy

What THEY don't want you to know!

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The Mother of all Short Squeezes, or MOASS for short, is an apocalyptic event where the stock value of a select group of companies, referred to as "meme stocks" will dramatically increase. People who believe in MOASS call themselves "apes". Apes believe a vast conspiracy of short sellers, investment apps, and hedge funds are attempting to suppress the price of meme stocks by using shorts.

Here’s how it works:

1. Buy stock in a meme stock
2. Wait for MOASS to happen
3. Profit!

Origins

In late 2020 and early 2021 Redditors at r/WallStreetBets began aggressively investing in GameStop, a failing video game retailer. Because GameStop was failing, hedge funds had made investments that relied on the stock price decreasing, called "shorts".

• The redditors buy GameStop stock caused the hedge funds that had invested in shorts to lose money.
• The price of GameStop stock reached its peak on January 28.
• On January 28, investment app Robinhood barred the purchase of GameStop stock, an action which attracted substantial criticism.

References

This page will be placed in the following categories if it is moved to the article namespace.

Categories:

• Conspiracy theories
• Cults
• Scams
• Woo