A bunch of youths at the popular social media platform Reddit have seemingly beaten the Wall Streets Elites at their own game. What the mainstream claim to be 'online mob', the redditors at r/WallStreetBets have raised the price of the shares at GameStop from lower than $20 to 347.51 as of late Wednesday.

What these redittors are doing is known as short-selling. Short selling occurs when an investor borrows a security and sells it on the open market, planning to buy it back later for less money. Short-seller bet on, and profit from, a drop in a security's price. This can be contrasted with long investors who want the price to go up.

Short selling is a common practice among the billionaire elites of the wall streets but this phenomenon being used currently for a rapid surge in the stock price of Gamestop share is not uncommon. The elites at the wall streets have been using it for their gain for decades.

But they have been beaten by redittors at their own game when some of them are forced to lose billions. 

The neoliberal class which often advocates lesser regulation and the free market has been chanting for more regulations due to the GameStop surge in share.

Saagar Ejneti of the Hill says this has been one of those events when the money of the wall street elites has flown towards the people who would probably never had it.