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r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. 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 US firms and short sellers in a few days in early 2021.
Many retail investors and r/wallstreetbets users bought shares of GameStop and other affected securities as they were reaching their peak prices or shortly afterwards. Other investors held onto their long positions while the stock prices were declining rapidly, amid widespread calls on r/wallstreetbets to hang on to the failing shares.
Keith Gill. Keith Patrick Gill[ 1] (born 1986) is an American financial marketer and educator [ 2] and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. [ 3][ 4] His analyses of GameStop stock ( NYSE : GME) and details of his resulting investment gains—posted on Reddit under the username ...
Along with other social media users on the WallStreetBets subbredit, Gill helped catapult the stock to a split-adjusted intraday record of $120.75 in January 2021.
QAnon followers on have been talking about getting in on the trading action started by Reddit’s WallStreetBets….a disruption that rattled the stock market. "The GameStop and the kind of Reddit ...
GameStop’s stock surged as much as 75% earlier in the day before parings its gains. The post was the first on Gill’s Reddit account in more than three years, when social media-fueled hype ...
The founder of r/WallStreetBets, a reddit forum for retail traders to discuss stocks and options, had some advice for the community: The best financial education comes from the school of hard knocks.
GameStop's Australian subsidiary EB Games Australia was the only arm of the global GameStop business not to report huge COVID-related losses, with sales instead soaring by 30 per cent. In Australia COVID-19 lockdowns were managed by the Australian Federal Government National Cabinet which largely permitted retail stores to remain open with ...