Posted by 14 days ago. Stephen Colbert has weighed in on the stock war opposing Wall Street and Reddit, accusing Wall Street investors of “being all for unfettered capitalism – unless you lose”. Loss. The merry band of day traders behind runaway stocks like GameStop piled into silver on Monday in an effort to squeeze Wall Street. Brett Molina Mike Snider. Play. Wall Street's big bets against GameStop went sour when Reddit traders bet on … They decided to punish the Wall Street big boys and launched a co-ordinated buying spree. What went on. The GameStop Revolution, powered by the Reddit community r/wallstreetbets, is costing Wall Street short sellers billions of dollars. Story by Jon Sarlin, CNN Business Illustrations by Max Pepper and Will Mullery, CNN. “Normie” retail investors and huge Wall Street institutions aren’t the only ones moving their money from growth stocks to value plays in the past few weeks. Young men of all political persuasions were outraged, so they began investing in GameStop with record small-dollar purchases. Finally, a “Reddit rally” Wall Street can get behind. By Ian Haworth • Jan 27, 2021 DailyWire.com • Facebook. For some Reddit users, GameStop's dizzying rocket ride on Wall Street is a case of the masses rebelling against one-percenters hoarding the world's wealth. Log in or sign up to leave a comment Log In Sign Up. Wolf of Wall Street: Shortselling-Krieg um GameStop und Co. leitet einen "Paradigmen-Wechsel" ein: 14.02.21: Schuss nach hinten? best. Be the first to share what you think! January 29, 2021. Reddit’s Wall Street Bets: 5 WSB Stocks That Could Be the Next GameStop Want to find the next GME stock alongside Reddit? ‘This is the way’: the Reddit traders who took on Wall Street’s elite - A look inside the WallStreetBets forum at the eye of a market hurricane. Wall Street is now keeping very close tabs on WallStreetBets, with hedge funds, investment bankers, and other institutional investors, as CNN puts it, “desperate to find the next GameStop – before it’s too late”. report. 100% Upvoted. Hugh Son @hugh_son. The hedge fund Melvin Capital bet heavily against the beloved video-game retailer GameStop. By CNN Business staff. How and what's next. Enter Thinknum Alternative Data, who spotted an opportunity and quickly developed a tool, Reddit … Buy and HOLD Meme. best. A great article about Bitcoin not becoming a censorship resistant & fungible currency as expected & how private cryptocurrencies help. GameStop, AMC, BlackBerry and other stocks skyrocketed this week thanks to retail investors on Reddit. Buy and HOLD Meme. Bags are Packed Boys. no comments yet. 0 comments. Wall Street Bets founder says the group has changed and the recent Reddit-fueled Wall Street chaos is like watching a train wreck Shalini Nagarajan Jan. 29, 2021, 11:03 AM Mail. share. 19 @ 290. Sort by. 95% Upvoted. Reddit users were looking to stick it to the “fat cats” of Wall Street. 0:00. save. No, it wasn't a glitch — for some Super Bowl viewers, a Reddit commercial really did pop up on the screen. 2 3 39 23 32 2 34 2 2. The Redditors Behind The GameStop Wall Street Frenzy We meet two followers of the Reddit thread WallStreetbets, who helped push stock of struggling retailer GameStop to new heights. 151k. Say what you will about the valuations, the banning of Wall Street Bets is beyond ridiculous. Twitter. Check out these five red-hot names. My bags are all packed and I'm ready to go to the moon finally! View Entire Discussion (0 Comments) More posts from the wallstreetbets community. Updated 10:21 PM ET, Thu January 28, 2021. Analysts across Wall Street updated institutional clients including pension funds and hedge funds on Monday with lists of stocks they believed could face the same storm as GameStop and BlackBerry. Updated 1210 GMT (2010 HKT) January 30, 2021 But the stock market chaos is Wall Street's making. Inside the Reddit army that's crushing Wall Street. hide. Reddit’s ‘Wall Street Bets’ And Elon Musk Fuel GameStop’s Stock Surge. GameStop stock crashed, but Reddit still wants to send it to the moon. save. share. Reddit group founded on 'high risk' returns hits Wall Street with GameStop effort. Close. 2.2k comments. How Reddit Traders Used GameStop to Totally Spank the Wall Street Big Boys. Gamestop: People are watching The Big Short to try and understand the Wall Street vs Reddit saga. While we don’t think any of these companies are worth their current market cap… that is not the point of this post (at the end we’ll explain why). Published Fri, Jan 29 2021 7:32 AM EST Updated Wed, Feb 3 2021 2:56 PM EST. 50.9k. That began forcing the price up – it is now up more … Fullscreen. The Reddit message board that's breaking the internet by sending Wall Street into a frenzy was briefly taken private by its moderators on Wednesday, adding further confusion to a wild day. report. Settings. Instead, we’ll walk through what exactly is happening and why we’re […] Filed Under: Personal Finance. USA TODAY. Looks like short squeeze back on the menu boys! Reddit investors shake up Wall Street. Shares of GameStop have soared in recent weeks because of support from individual investors on Reddit. The GameStop frenzy on Wall Street … Twitter ; Facebook; Mail; Stephen has the perfect explainer video for anyone trying to figure out what the heck is happening on Wall Street, as giant hedge funds get brutally punished by swarms of Reddit users harnessing their collective power to boost GameStop's stock price. hide. Yun Li @YunLi626. Looks like short squeeze back on the menu boys! Log in or sign up to leave a comment Log In Sign Up. Sort by. This is how Wall Street thinks the Reddit-fueled GameStop trade unravels . 0:00.
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