The group moderators have now changed their access to private mode. 25.0k votes, 991 comments. ⚠️ DON'T BUY NOW, DON'T RISK YOUR MONEY. The TriNerds Triathlon Club is based out of Victoria BC. ... revealed the loss on Reddit… It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some U.S. firms and short sellers in a few days in early 2021. It's likely to be the next pick of a Reddit group that looks to profit from other investors' short selling. "Stop f---ing selling GME," is the title of a thread on the WallStreetBets forum, home of the Reddit army that boosted the gaming retailer's stock price in recent weeks. Wallstreetbets is a fast-growing Reddit board with nearly 5 million followers, including at least 2 million new ones in the past 24 hours. The company ran a net loss, but at $800,000 that loss … Wallstreetbets, the infamous Reddit group is now calling for Short Squeezing the silver Bullion market, what many consider to be the most shorted asset in the trading market. JUST WAIT FEB 1st, 2021 8:30 AM (EST) Analysts expect HUGE to report a $1.06 loss per share for the fourth quarter ended December 31. Join Today. The degenerates over at r/wallstreetbets have targeted heavily shorted shares of GameStop Corp. (NYSE: GME) ... For comparison’s sake, short sellers lost $243 billion for all of 2020, a 20% loss… Forget the moon. October 27th, … Shares of GameStop and other companies tumbled in extended trading after WallStreetBets, a discussion forum popular with retail traders on the Reddit website, briefly turned invitation-only. Vix losses mostly, bought in too early, I plan on holding HIBS till the market crashes next. Tanger Factory Outlet Centers surges as the stock is the latest public company to garner attention on Reddit messaging board r/WallStreetBets. The man who created Reddit's WallStreetBets is a Mexico City father of twins who says the GameStop shares mania is 'like watching a train wreck … Furthermore, we run sentiment analysis on all of the comments in the post and provide a sentiment score. Nevertheless, WallStreetBets’ 10 million users is good news for this Reddit stock. For those not familiar with financial market terms, shorting means betting that something traded in a market will fall in price and trying to capitalize on it. Over the weekend, users "adopted" gorillas by donating money to the Dian Fossey Gorilla fund. The post Reddit’s r/WallStreetBets Just Took Down a Hedge Fund. robinhood alternatives reddit wallstreetbets. (Bloomberg) -- Millions of new users have flocked to Reddit Inc. forums amid feverish trading activity spurred by discussion on the subreddit WallStreetBets, the … 54.9k votes, 989 comments. Between their new CEO (from mandiant), strong possibility of buyout, recent hacks in the news, and the fact that it seems the market has very low expectations for them, I'm hoping that anything showing signs of revitalization brings some nice upside. ... help Reddit App Reddit coins Reddit premium Reddit gifts. The moves led by the WallStreetBets Reddit group pushed up the price of targeted stocks and caused huge losses among short sellers that had bet against the stocks. After GameStop's share price plummets, Reddit's WallStreetBets investors are hurting By Andy Chalk , Steven Messner 02 February 2021 "I just want my money back but I know it is gone." Tracking Reddit has become one of the most prominent investing strategies in the world. I have learned a few things though: Never underestimate how retarded retail investors are. Amid Reddit chatter, Rocket spiked in early March and closed at a record $41.60 a share on March 2. Reddit co-founder Alexis Ohanian said online traders like those in Reddit's WallStreetBets forum have exposed the hypocrisy of the financial system. ... with “loss porn” representing the Reddit crowd’s way of describing schadenfreude. The group “r/Wallstreetbets” (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly speculative trading ideas and strategies. The man who created Reddit’s WallStreetBets isn’t who you think he is. Like 4chan found a Bloomberg Terminal ... For those wondering why it’s tagged as loss (because you are retarded as OP): OP could have sold the contract for $15,000 but instead sold for $385. The stock later recovered but closed at $193.60 — a 44% loss. Boosted by attention on WallStreetBets, the Reddit group fueling the GameStop mania, the movie theater chain has seen its stock price ricochet from $5 … r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. Wallstreetbets is a fast-growing Reddit board with more than 2.4 million followers, including at least 100,000 new followers in the past 24 hours. Manatees, warthogs, and leopards were also adopted by members of the group who donated to charities. Like 4chan found a Bloomberg Terminal This can be attributed to a 57% rise in operating expenses to C$17.49 million ($14.52 million). Nevertheless, WallStreetBets’ 10 million users is good news for this Reddit stock. appeared first on InvestorPlace. 25 votes, 19 comments. Wallstreetbets: How a Reddit revolt backed Gamestop against hedge funds Retail traders caused the stock of the US video game retailer to surge and burned hedge funds that had sold the stocks short Gamestop shares plunged 29 per cent in early trading on Monday as data showed short sellers have been forced to cover their positions AFP You’ll Love What Comes Next. Fullscreen. The speculator borrows the thing – GameStop shares, in this case – at an interest and sells it at the current price. 10.1m members in the wallstreetbets community. Redditor Loses $13 Million In One Day On GameStop Stock, Vows To Hold The Line – Mark Cuban Gives Advice To WallStreetBets. The Mormon church made a 900% return on GME. If you want to skip our detailed analysis of these companies, go directly to the 5 Popular Stocks Reddit's WallStreetBets is Talking About Today.. Sort by. Keith Gill has been on a wild ride in the last month during the meteoric ascension of the GameStop stock (GME). Read our in-depth profile of WallStreetBets, the Reddit army that's crushing Wall Street. How WallStreetBets Reddit and GameStop Changed Financial Investing Forever. You only live once. PLTR – The stock market is expected to remain under pressure in the near term on concerns over rising inflation. REDDIT aired a five-second WallStreetBets-inspired Super Bowl advertisement on Sunday evening about “how underdogs can accomplish anything.” The ad’s screen time comes after subre… For three months ended September 30, 2020, HUGE’s net loss came in at C$18.03 million ($14.97 million), up 6% year-over-year. Be the first to share what you think! 380 votes, 120 comments. An army of traders in a Reddit group are buying the stock to hurt short sellers, the hedge funds that have bet against GameStop. My investment into Uber, Micron, Boeing, Carnival, XLE, Carnival, Citi, Wells Fargo and my patience paid off finally. who knows when that's going to … PHOTO: AFP robinhood alternatives reddit wallstreetbets Southern Cross Showjumpers / robinhood alternatives reddit wallstreetbets. View Entire Discussion (0 Comments) More posts from the wallstreetbets community. 10.0m members in the wallstreetbets community. Incurred net loss of 21000 in 2 years after playing options… and then with taking benefit of 2020 market dip and doing good investment, now sitting on net profit of 32000. I have learned a few things though: Never underestimate how retarded retail investors are. r/wallstreetbets: Like 4chan found a Bloomberg Terminal. Click on WallStreetBets’ extensive (and always expanding) “loss” section, and you’ll witness each of the five stages of grief warped through a funhouse mirror of … I'm pretty bullish on them actually, bought in around 16.40 a couple weeks ago. Wallstreetbets is a fast-growing Reddit board with nearly 5 million followers, including at least 2 million new ones in the past 24 hours. Like at other internet discussion boards, users typically go by an online handle rather than their real names. Much of the discussion is about stocks —and it comes with plenty of attitude and tough talk. Hedge fund Melvin sustains 53% loss after Reddit onslaught $4.5 billion drop in assets after bets against the likes of GameStop go sour. 36.5k. Driven by retail traders from /r/WallStreetBets, the Reddit-based message board that rocked the stock market last month with a run on GameStop stock, cannabis company stocks experienced volatile highs and lows this week, Business Insider reports. Thoughts on Short Selling, GameStop, & Reddit r/wallstreetbets Last updated: January 28, 2021 G.E. 2021-05-16 0 Share Comments Off on How WallStreetBets Reddit and GameStop Changed Financial Investing Forever. By Thursday, Tilray’s stock fell 48% from Wednesday, along with a 33% loss for Aphria, and a 23% drop for Aurora and Cronos, while … Reddit community r/WallStreetBets’ members have been driving a surge in stocks of several companies over the past weeks in what ... Melvin investor Point72 has taken a 15% loss … 5:13 p.m. Settings. ... and think that the only thing more honorable than a monster gain is a monster loss. Stock analysis of Reddit influencers ... /r/stock_picks, /r/spacs and /r/wallstreetbets for headlines and try to extract the stock ticker from the post title. Perhaps the most significant economic story in recent history is how Reddit's WallStreetBets managed to take on big hedge funds and win. ... where being shorted by hedge funds betting on their loss. ... A study by Ryan Wood and Judith Lynne Zaichkowsky published in the Journal of Behavioral Finance outlined how loss … Fridays call flow and the sheer volume and open interest on some of these call options speak for themselves. Made back $2000 then lost another $1000. "We have the advantage. This post was originally published on this site. Since the wallstreetbets’ short squeeze saga has now abated considerably, analysts believe three of the most heavily discussed Reddit stocks—Palantir Technologies (PLTR), DraftKings (DKNG), and Virgin Galactic (SPCE)—will witness massive corrections in the near term. Reddit continues to be a strong force for certain stocks as the r/WallStreetBets subreddit continues to favor some over others. REDDIT's WallStreetBets is creating a Super Bowl advertisement to "sh*t on the Robinhood app" after the company blocked GameStop trading, according to reports. J ust over a year ago, I published some thoughts on r/WallStreetBets (WSB), a Reddit forum that I like to check out every now and again. The ‘Wallstreetbets’ Reddit chat room that drove stock surges for GameStop and other companies was briefly made private by the moderators, before being made public again. Melvin Capital is giving the Reddit crowd something to cheer about on a Friday, after the hedge fund rang up a 49% first-quarter loss, according to a report from Bloomberg News on Friday. Biggest loss was over $3000 (75%) on a $4000 account trading penny stocks. This is a term frequently used for large, bold investing moves. The 10 million members of Reddit’s r/WallStreetBets community have challenged conventional investing wisdom and made some nice moolah along the way. A message on the site shortly after 6:30 p.m. in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators “unable to ensure Reddit… 10.1m members in the wallstreetbets community. If you made a “Yolo” move, and it resulted in a massive loss, well, you may as well post it on Wallstreetbets and get entertained by the comments! MicroVision reported a loss of $6.2 million, or 4 cents a share, in the first quarter, compared with a year-earlier loss of $4.9 million, or 4 cents … Ho… GameStop stock, Reddit and WallStreetBets: what you need to know. Like 4chan found a Bloomberg Terminal Popular Wallstreetbets slang: YOLO. The post … A stock-trading Reddit group, WallStreetBets, has thrown the market into turmoil during the past week with a concerted campaign to push up shares of ailing retailer GameStop. This post was originally published on this site. Play. 0:00. Retail investors inspired by the Reddit community r/WallStreetBets are flocking to historically unloved stocks like GameStop. Tracking Reddit has become one of the most prominent investing strategies in the world. “51% to go!” posted one user on r/WallStreetBets in response to Melvin’s reported losses. Gill is better known by his Reddit persona – “DeepF*ckingValue.”. Club members will receive resources, coaching and perks from sponsors and local businesses. When the price falls (naturally or with a bit of nudging from interested parties), they buy the thing and return it to whomever they borrowed it from, pocketing the difference. Many celebrated WallStreetBets’ war on GameStop short-sellers as a populist campaign against hedge-fund raiders looking to profit off the destruction of a well-known retail brand like GameStop. But unlike many other similar online communities, there is also a clear financial goal for the people in it. Posted by 6 days ago. Miller 4 Comments I rarely comment on current events, but the GameStop Reddit group supporters versus hedge fund stock price wars story is just too juicy to not take a bite, share my thoughts, and offer a few warnings for readers to heed. ... At just the halfway point in FY2020, it also incurred a total loss of US$2.7 million, compared to a loss of US$150,000 in the whole of FY2019. MicroVision reported a loss of $6.2 million, or 4 cents a share, in the first quarter, compared with a year-earlier loss of $4.9 million, or 4 cents … Revenge of the Nerds: Reddit “WallStreetBets” Short Squeezes Hedge Fund on GameStop Stock. The WallStreetBets home page was closed to all users for a little over an hour Wednesday evening in New York. I took a 2 year hiatus from the … The hedge funds’ assailants are a collection of traders using Reddit’s wallstreetbets thread to coordinate their attacks, which seem to be focused … Reddit’s r/WallStreetBets wasn’t always so militant. The moves led by the WallStreetBets Reddit group pushed up the price of targeted stocks and caused huge losses among short sellers that had bet against the stocks. That is why even the staunchest critics now pay attention to Reddit stocks. Thoughts on Short Selling, GameStop, & Reddit r/wallstreetbets Last updated: January 28, 2021 G.E. A group of maverick, digitally oriented traders who gather in Reddit’s WallStreetBets forum have forced hedge funds to back down from wagers that … Explaining your loss on YOLO calls to the wife. The group “r/Wallstreetbets” (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly speculative trading ideas and strategies. The subreddit r/WallStreetBets most recently set off a huge rise in GameStop's stock price. The phenomenon appears … It doesn't matter that AMC is going to be bankrupt in March 2022 based on their cash flow and balance sheet or that the entire domestic box office was only $30 million last week. Article continues below advertisement. How WallStreetBets Reddit and GameStop Changed Financial Investing Forever. r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. Miller 4 Comments I rarely comment on current events, but the GameStop Reddit group supporters versus hedge fund stock price wars story is just too juicy to not take a bite, share my thoughts, and offer a few warnings for readers to heed. 0 comments ... no comments yet. The 10 million members of Reddit’s r/WallStreetBets community have challenged conventional investing wisdom and made some nice moolah along the way. Reddit bills itself as the front page of the internet, a network of communities based on people’s interests. (The leading current chatroom is Reddit’s WallStreetBets ... WallStreetBets doesn’t claim 2.1 million users. In this article we discuss the 10 popular stocks Reddit's WallStreetBets is talking about today. The following is what we do know about Wallstreetbets, GameStop's astounding rise, its "short squeeze" of hedge funds that had bet against the company's shares, and whether "meme stocks" are the new dotcom bubble. What's Wallstreetbets? WallStreetBets (also known as /r/wallstreetbets or WSB) is a subreddit where participants discuss stock trades. He is 39 years old. 2 23. 28 Posts. Reddit's WallStreetBets briefly goes dark after fueling GameStop surge GameStop, up fivefold in three days, tumbled 37 per cent as of 7pm in New York. Like 4chan found a Bloomberg Terminal This January, with WallStreetBets now an inescapable presence, Omar was back on the board. Back to trading. This past week has been a banner one for Reddit’s island of misfit investors. WallStreetBets exploded into the mainstream, moving from the front page of Reddit to the front page of the New York Times and nearly every other major news site. Click on WallStreetBets' extensive (and always expanding) "loss" section, and you'll witness each of the five stages of grief warped through a funhouse mirror of … Elon Musk got involved, and the White House is interested ... (January 26) and took a huge loss … Wallstreetbets users on Reddit donated over $256,000 to gorilla conservation. 0:00. 10.1m members in the wallstreetbets community. Reddit has several groups ... Oscar was understandably furious and channeled his frustration into posting “loss porn,” showing WallStreetBets a screenshot of the colossal dip in … That is why even the staunchest critics now pay attention to Reddit stocks. 327 votes, 54 comments. It doesn't matter that AMC is going to be bankrupt in March 2022 based on their cash flow and balance sheet or that the entire domestic box office was only $30 million last week. Meme. It has become notable for its profane nature, aggressive trading strategies, and major role in the GameStop short squeeze that caused losses on short positions in U.S. firms topping US$70 billion in a few days in early 2021. Here’s a guide to Reddit’s Wallstreetbets slang. After CEO George Sherman disclosed a 30 percent decline in revenue and a deeper quarterly loss, Gill posted again. Like at other internet discussion boards, users typically go by an online handle rather than their real names. But it soon fell. The former ate a huge loss when it ended its bearish bet on Tuesday afternoon, CNBC reported. On Reddit forum WallStreetBets, “YOLO” is the war cry, Martin Shkreli is a role model, and irreverent traders troll for tickets to quick wealth. WallStreetBets founder Jaime Rogozinski discussed Friday how retail investors have "carved out" a whole new "niche" in stock trading in the aftermath of the GameStop saga, which led to the loss … In one corner of this bizarre prizefight: hedge funds, which are hemorrhaging money after (unsuccessfully) shorting GameStop. An open letter published to the controversial Reddit forum WallStreetBets has attempted to explain the recent phenomenon that has seen previously stagnant ... taking a huge loss … ... usually at a loss. An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and …
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