Within the first twenty minutes of the Portnoy sponsored $BUZZ ETF launch, the ETF crashed to -100% almost instantly after a group of users began spamming positive sentiment on shit stocks, boomer stocks etc. that caused the algorithm to buy them. Some stocks that were spammed included Coca Cola, GLD ETF, Kroger & Philip-Morris.
The Wallstreetbet users purposefully picked slow growing companies, old companies and over all garbage companies that completely go against real internet sentiment. After this the managers of the $BUZZ ETF were forced to pull the plug on the algorithm while they manually sell off all the new position the ETF was forced to take.
