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The rally call was reportedly organized from r/bursabets, a Malaysian offshoot of r/wallstreetbets named after the Malaysian stock exchange. [45] [46] On March 2, Rocket Mortgage saw a more than 70 percent spike in its stock price due to a surge in trading following discussion of the company on r/wallstreetbets , [47] [48] but the Rocket ...
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.
GameStop traders really wanted to stick it to Citadel,” Horstmeyer says. ... WallStreetBets, the social media account that elevated the concept of meme stocks, YOLO trades and loss porn, sounded ...
The Reddit trading crowd’s favorite trader holds 5 million shares of GameStop worth $115.7 million as of Friday’s closing price, according to the account snapshot posted on Reddit’s r ...
A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued.
Until it drew the interest of Redditors on a discussion board called r/WallStreetBets, GameStop was dying a slow death along with brick-and-mortar shopping malls, where the largest video game and ...
The account also showed a position of 120,000 call options in GameStop with a strike price of $20 that expire on June 21st that were purchased for about $5.68 each. GameStop shares closed Friday ...
March 3, 2022. ( March 3, 2022) Gaming Wall St is a documentary television miniseries directed by Tobias Deml and narrated by Kieran Culkin. [1] [2] The two-episode series was released on March 3, 2022 on HBO Max. It explores the causes that lead to the 2021 GameStop short squeeze, and the dark underbelly of Wall Street that the phenomenon ...