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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.
The filing even named one of its own communities—a subreddit called r/ wallstreetbets—as a risk to the IPO given the forum's "strong and atypical retail investor interest" in so-called 'meme ...
The Trolls of Wall Street is loosely structured around the rivalry between two young men, Jamie Rogozinski and Jordan Zazzara, who built the highly influential r/WallStreetBets Reddit forum and ...
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.
That’s where one of Reddit’s subreddit made its heyday – at least for a few years. r/nflstreams provided fans with a series of links leading to streams for ever NFL game in a given weekend.
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]
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.
From January 2008 to December 2012, if you bought shares in companies when Ralph S. Larsen joined the board, and sold them when he left, you would have a -43.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.