In recent days, the stock market has been put in a real boom.

After private small savers in a thread on Reddit in organized form bought lots of shares that large investors and funds have previously shorted, ie that they have invested in things going badly, among other things, Gamestop's share has risen by hundreds of percent.

As a result, hedge fund companies that have speculated in the downturn have been forced to buy back shares when they have rushed to minimize their losses, which has pushed up prices further.

So far, the companies have lost billions and they are now calling for stricter rules.

Among other things, it is believed that the market is no longer rational.

- They have gone back several billion dollars so they have been forced to bring in extra capital to keep the company afloat.

Now it turns out that there are several hedge funds that have had a bad time, says SVT's tech correspondent Alexander Norén in Morgonstudion.

"Aanad kursrusning"

The Reddit thread currently has around four million followers and on Thursday further stock market attacks were organized in the forum.

Among other things, Nokia and Eriksson's shares rose sharply in the US.

The stock market turbulence resulted in the closure of several apps and technology solutions that enable stock trading for small savers yesterday.

But the attacks are predicted to continue.

- We have seen how this phenomenon has spread to Australia, Japan and Europe.

It is junk shares in principle that are shiny and get an unexpected price rush, says Alexander Norén.

"Want to overthrow these giants"

The phenomenon has been described as an attack on the financial elite where small savers take control of the money.

- Some call it a democratization of the financial market, others say that it is rather a populism driven by some form of ideology.

That this is us, the foot soldiers, who can finally win and beat those on Wall Street who usually go home with the win in the end, says Alexander Norén.

- It is a we against them, David against Goliath, he says.

One of those who profited from the upswings tells TT that the jargon is harsh in the forums and that there is a ton of class war against the hedge funds.

- The spirit is a bit that you want to overthrow these giants.

Oron great

There is now great concern among hedge fund managers, who claim that it is about active market manipulation.

The issue has now reached the highest political place in Washington, which has so far given the go-ahead for trade.

- They are worried and doing what they can to curb this.

This sabs their entire model to calculate the value of shares and messes it up a lot.

This is making waves in the financial market, says Alexander Norén.