GameStop

I

f you can wrap your head around “shorting the market,” then congratulations, you are a genius. Those who thought it up are the same people who created the “derivative,” which, like the bat-virus that came out of some bio-weapons lab in China, wreaked havoc upon the Earth. I do not own a single stock or have any idea what a portfolio looks like, but that never kept me from adding my two cents. For a fee, you can “borrow”  (hold an option to buy a stock) but betting the price will fall, pay the lower price and keep the difference. But if the price goes higher, you must pay the full price.  It’s something like that and it’s crazy. Enter GameStop, an overvalued video game company. The short-seller-wolves of Wall Street were following the herd of commercial caribou, culling the weak and sickly to their heart’s content. From stage right, enters a “pretentious interloper” called Robinhood, which gave the “little guy” an opportunity to enter the crap game on Wall Street. They chose to breathe life into the dying caribou by buying GameStop. Are you following this? This made the price go up, and the Big boys were on the hook for the higher price. This was like people wearing buffalo horns storming the Capital. This is like the Tulip Bulb bubble of 17th century Holland. The Big Guys stopped the music. No one could buy GameStop, only sell. Prices fell like a stone. Now Robinhood was in trouble, not only with the Sheriff of Nottingham but with a million little guys. Like fire ants, when enough little guys get stepped on, what comes next can be painful. Just how painful remains to be seen. Trading has resumed, lawsuits have been filed, and the madness continues.  How much is a tulip bulb worth anyway, a video game store, and what will a man give in exchange for his soul? Don’t sell yourself short.  Nothing is more valuable than a soul.  Moses realized Egypt was a bad bet. One day God will blow the whistle, and the game will stop in the final GameStop. In the end, the only investments that will last are those laid up in Heaven. Every time we quietly helped the least, sought the lost, and were of service to someone in need (in Christ’s name, not ours), God took note. Doing good for a prize is a prayer that won’t rise.  In the end, those who gave, expecting nothing in return, will be astonished by the compound interest of compassion and laid up treasure where moth and rust doth not corrupt -id

One Hundred Cartoons for a rainy day