Daily Maverick 168 weekly newspaper. Advocates of the millennial retail traders on Robinhood and other apps who drove up the market capitalisation of GameStop 25 times to $25-billion have praised these young traders as “courageous”, as they sought to build on the work of the Occupy Wall Street campaigns by attacking evil hedge funds where it hurts most – on their home turf and within the markets themselves. Yet this act of defiance against Wall Street is totally different. These Reddit traders from the group #wallstreetbets have taken some serious scalps and forced major losses, chief among them the hedge fund Melvin Capital, which had to be bailed out. Should we therefore be applauding this as justice being done against the greed of hedge funds?