10 quotes from WallStreetBets to help explain the Reddit-trading phenonmenon - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

WallStreetBets traders are pushing risky equities to all-time highs. Here are 10 quotes from the forum that help explain the phenomenon.

Reddit's now-famous WallStreetBets forum boasts some 6.2 million members, soaring from under 3 million a week ago.

Here are a few of the best quotes on the forum to give the uninitiated an idea of what WSB is all about.The WallStreetBets phenomenon has captured the news cycle in the last week as retail traders are pitted against some renowned hedge funds. The prime example is GameStop. Members of WallStreetBets have spent the past three weeks bidding up the video game retailer, causing shares toWSB is a corner of Reddit where users treat markets like a game, make liberal use of profanity, and, in some cases, make tremendous gains in the process of meme'ing stocks to the moon.

However, beneath all of that is also a tight-knit community, and a place where users say they feel like they are standing up to"the man" and to market makers who have rigged the system in their favor. You'll see small-time investors who have secured profits that will change their lives forever.Upvote counts are as of 2:29 PM EST on Friday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

techinsider so buy more gamestop and amc? sure.

techinsider lol thats totally Trump

Just Seld it!

my momma say, Robinhood is da debil

(From wikipedia) In 2017, D1CapitalPartners, (Steve Cohen),invested 200mil in ROBINHOOD, According to The WSJ, about one-third of the gains in 2019 from Steve Cohen's current hedge fund,Point72, came from Melvin Capital Management..who shorted GME/AMC Coincidence ? Collusion?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines