GameStop Value Surges Past $10 Billion After Musk Tweet

The transcript discusses the speculative nature of investing in companies without considering fundamentals, using GameStop as a case study. GameStop's stock experienced a significant surge due to social media influence, particularly from Reddit and Elon Musk's tweets. The discussion highlights how message boards can drive stock rallies and the impact of social media on stock prices. It also covers GameStop's initial rally triggered by Ryan Colon joining the board and the battle against short interest.

What was the significance of Ryan Cohen joining the board of GameStop?

Discuss the impact of short interest on the stock market, particularly in the context of GameStop.