At the beginning of 2021, Wall Street erupted in chaos when stocks for ailing video game retailer GameStop skyrocketed in price from $17.25 a share to $158.18 overnight. I know it's probably to late since this was posted but I cannot help all the actual retards in the comments and messaging me. The WallStreetBets online forum have set its targets on tainted South African retail giant, Steinhoff. Facebook. Really it comes down to two main aspects. The Facebook (NASDAQ:FB) group Stock Market for Beginners went live Oct. 15, 2020. Topic 1: /r/wallstreetbets/ . You see, WallStreetBets is a popular forum on Reddit with millions of followers. See what Reddit thinks about this course and how it stacks up against other Coursera offerings. FYI: I am on reddit and in that sub, wallstreetbets. The lingo of the online traders of Reddit's WallStreetBets group, or WSB, which fueled a surge in GameStop Corp's stock, prompted even singer Dionne Warwick to … Notice that BBC prints simply wallstreetbets, whereas we follow the Reddit protocol of denoting forum names by preceding them with r/, like this: r/wallstreetbets. The incident also unearthed the Reddit forum of r/wallstreetbets (WSB), which describes itself as if infamous forum 4chan “found a Bloomberg terminal”, as well as a litany of new phrases and internet memes that left many in the financial and the wider world stumped as to what exactly was going on or who was causing it. In short, when WallStreetBets, a Reddit social media group, rallied their followers to buy-in, they did. Retweet, comment and interact with influencers and other Reddit users. While attention has focused on the Wallstreetbets Reddit page that helped send shares of GameStop Corp and AMC Entertainment Holdings Inc soaring, … Rhind: The reason the WallStreetBets crowd focused on silver is because of this long-standing theory that silver is a heavily shorted market by professional investors. But it was 2021 when Reddit really caught everyone’s attention. Obverse Design. The lingo of the online traders of Reddit's WallStreetBets group, or WSB, which fueled a surge in GameStop Corp's stock, prompted even singer Dionne Warwick to … https://reut.rs/3prMBBv On a lighter note, I also wrote a brief guide to the terminology on Reddit's WallStreetBets community, which has helped fuel the surge in GameStop and other stocks. Many celebrated WallStreetBets’ war on GameStop short-sellers as a populist campaign against Wall Street hedge funds. The wallstreetbets folks at reddit will likely absorb some losses as GameStop’s stock price comes back to a more reasonable level. Behind the stock market's record-breaking year was a … WallStreetBets | Market Makers. So FINRA showed 4x the number of shorted shares than we can deduce from the 13F filings (as of 12/31). I couldn't believe how these guys talk to each other. He agreed with lawmakers that the stock “had gotten a little ahead of itself” … Terminology is different so I decided to split the symbols by space. Reddit's WallStreetBets has 3.3 million members and counting, and its own language. By 2012, Reddit reached two billion page views a month . Archived. This is a notable 2+ week delay for a number of reasons that I will highlight later in this article. GameStop Corp. (NYSE: GME) stock is one of the few non-mega cap names that the general public is aware of – and for good reason. Good, bad, or just ugly? There are in depth reasons for them starting this rally, too much to type here though. It is no secret that Wallstreetbets is highly popular and one of the top trending stock trading and options trading communities. Reddit's community, WallStreetBets, is still assisting in the rise of GameStop's stock, which is currently sitting at $272 per share and even hit an all-time high last week. Reddit’s wallstreetbets and the language of ‘meme stocks’ ... analysts may need to understand the key terminology that characterises the culture of these self-dubbed ‘Degenerates’. "It was a meme stock that really blew up," r/WallStreetBets moderator Bawse1 told the tech publication earlier this week. Here’s a FlowAlgo review of some of the terminology we just dropped. Select Page. The subreddit WallStreetBets gained prominence earlier ... a member of the WallStreetBets community on Reddit. Short selling is the sale of a security that is not owned by the seller or that the seller has borrowed. WallStreetBets or /r/wallstreetbets is a subreddit which primary focus is risky stock market trading and memes about it. Reddit was founded in 2005. @Kyeh I only wish I’d bought in. How WallStreetBets Reddit and GameStop Changed Financial Investing Forever. Retweet, comment and interact with influencers and other Reddit users. It also marks a historic reshuffling of power in the world of finance. WallStreetBets currently has Reddit’s blessing. By the end of January, the stock hit a mind-boggling $475 per share before quickly falling back to more normalised levels, only to soar back higher again to … Trading is making well defined profits off of price fluctuations that are less in tune with "fundamentals". The Dian Fossey Gorilla Fund International, a charity for the protection of … The money came from users of the WallStreetBets subreddit, who earlier this year bought small volumes of shares in the retailer GameStop en masse. The group’s activities are within “the bounds of our content policy,” Steve Huffman, Reddit’s C.E.O., said in an interview on the app Clubhouse, describing an “intelligence” masked by an “idiot swagger.” They’re waging a “culture war,” he said, and one he seems to like. The World’s online gaming authority since 1995 Blog Home r/wallstreetbets terminology guide. Diamond hands/Paper hands. All You Need to Know About the GameStop Stock War. akie 49 days ago. Shitpost. A meme from r/WallStreetBets, ... the Reddit community drove up the struggling GME stock from a year-to-date low of $2.57 to a peak closing price of $347 on January 26, 2021. … Individual investor Keith Gill, known as Roaring Kitty from his YouTube videos and Reddit posts, bought GameStop and touted it on Reddit’s colorful WallStreetBets chatroom. It is no secret that Wallstreetbets is highly popular and one of the top trending stock trading and options trading communities. This wild story started when WallStreetBets, a Reddit forum about stock and options trading, decided it was time to teach hedge funds a lesson about the power of the internet. This gives false impression of stock being discussed. The retail traders have managed to pump the stock up over 50% in the last few trading days, despite the company still facing many of the issues that plagued its downfall since the fraud and accounting irregularities came to light at the latter end of 2017. Tony Szymanski was named an administrator in the group last December, when its membership was at … You want to pump a coin with a lot of outside attention, and not make part in the massive pumps from all the other channels, come join us. On their mobile phones. Then the signal seemed to fry, and Reddit’s orange-and-white alien-head logo commandeered the screen, followed by a lengthy printed statement that left viewers scrambling to grab a photo or screenshot. GME & WallStreetBets Recap. WallStreetBets, led by Reddit user DFV, exploited the short sellers by artificially inflating Gamestop’s share price through mass media co-ordinated buying, attempting to trigger a ‘short squeeze’ where short-sellers begin closing their positions at higher and higher prices in …
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