Comedian Avalon Penrose has set the social media world ablaze by going viral thanks to her ‘normal person’ explanation of the GameStop saga. Since the video’s posting, her video has received over 15 million views and even received Elon Musk’s comment.
GameStop, short selling, rally – you might have heard these words in the past few days, but still might be unsure as to what the big deal is about. GameStop, a game merchandise retailer saw a rapid increase in its stock value that set social media ablaze and surprised finance experts worldwide. The surge in the company’s value was such that the market cap of the company bumped up to more than $10 billion from just $2 billion in December 2020.
But what exactly happened with GameStop? US-based comedian Avalon Penrose posted a short funny video of her explaining the GameStop incident. Her hilarious breakdown of the saga has gone viral and has garnered more than 3 million views worldwide. Not only has the comedian received viral acclaim but Elon Musk, who himself was behind the GameStop rally, commented on her video.
The video has Avalon explaining the ebbs and flows of the stock market world and it is titled “A normal person explains what’s happening on the stock market.” Avalon in the video introduces herself as someone who has “a pretty good understanding of the stock market.”
“I have been seeing a lot of people online who are like, ‘What is going on with the stock market? Is there anyone who can explain this in normal person terms?’ So I decided I wanted to do that. Because I own stocks, so I have a pretty good understanding of the stock market,” she says.
She rambles about how rich people having lots of ‘hedges’ around their houses trying to buy company stocks. Her video, might not be an accurate assessment of the entire saga, but it is enough to tickle one’s funny bone.
Check the video out for yourself and have a good laugh.
a normal person explains what’s happening on the stock market: pic.twitter.com/zKKvULCirX
— Avalon Penrose (@avalonpenrose) January 27, 2021
Tesla CEO Elon Musk was amused by the comedian’s take and left a comment on the video.
A hedge fund that shorts is a shrubbery
— Elon Musk (@elonmusk) January 28, 2021
Musk wasn’t the only one who found this video hilarious. Here we have some other reactions Avalon received on her video:
No no no. They don’t have hedges around their houses. The hedges grow along Wall St. to stop their secretaries (SEC for short… who knows why they shout it) from bring able to peek in.
— Michael B Puskar, Social Justice Activist (@mbpuskar) January 28, 2021
So what you’re saying is that the Gardeners’ Association got bested by a bookclub in a game of shrubbery acquisition because they picked paper instead of scissors? That’s what I thought, thanks.
Regards, part-time economy understander pic.twitter.com/l99tif5LqY
— Oldemar (@Oldemari) January 27, 2021
This explains more too…
The best explanation I have got regards to this whole thing.. pic.twitter.com/ELlXDk6tTY
— Jarau Moses (@JarauMoses) January 28, 2021
It’s all about hedges pic.twitter.com/pQFbX40AzE
— Katie_Silver (@Katie_Silver) January 28, 2021