Hyde Park- r/wallstreetbets has been granted special RSO status by UChicago’s admin, becoming the latest finance RSO to plague the University. Special RSO status allows a group to bypass the typical RSO application process because they can — and because they make money. Our sources tell us that Dean Boyer headed the initiative, seemingly ecstatic that the GameStop (GME) stocks he had purchased for his grandchild’s birthday had risen to such heights, as a result of the Redditors’ efforts. The University plans to announce the incorporation of this Reddit thread as an RSO later this week in a press release stating: “STONKS, STONKS, AND STONKS. 🚀🚀🚀🤑🤑🤑”
Admission to the r/WallStreetBets RSO is expected to be relatively easy, with applicants needing a minimal amount of Reddit Karma and proof of one Elon Musk-related meme they made.