Stop laughing about GameStop’s stock mania — no, really

After watching a third consecutive day of Redditors helping to push the stock of a beleaguered retail chain to an undeserved record valuation of more than $10 billion Tuesday, I saw rapid fire jokes on Twitter about the situation.

So I fired off a response to the general tone of the conversation.

“I get that people think it’s funny when bad things happen to Wall Street types, but this GameStop GME, +2.68% thing is not a joke,” I tweeted. “These are stock traders conspiring to manipulate the markets in open view of us all and using the ‘nah, its for the lulz, and the other side sucks’ as an excuse.”