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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.
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 ...
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.
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.
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.
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Shares of GameStop (NYSE:GME) are in the green today, much to the delight of r/WallStreetBets. GameStop’s gains today may be partly explained by meme stock AMC Entertainment (NYSE:AMC) reporting ...
Meme stock. A meme stock is a stock that gains popularity among retail investors through social media. [ 1][ 2][ 3] The popularity of meme stocks is generally based on internet memes shared among traders, [ 4] on platforms such as Reddit 's r/wallstreetbets. [ 5] Investors in such stocks are often young and inexperienced investors. [ 6]
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