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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 jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
On January 27, r/wallstreetbets triggered a short squeeze on AMC Theatres (ticker symbol: AMC), a company in a similar position to GameStop. [38] The value of AMC Networks (ticker symbol: AMCX) also increased significantly, which was believed to have happened because of the stock's name being similar to AMC's. [39]
Dumb Money. Dumb Money is a 2023 American biographical comedy-drama film, directed by Craig Gillespie and written by Lauren Schuker Blum and Rebecca Angelo. It is based on the 2021 book The Antisocial Network by Ben Mezrich and chronicles the GameStop short squeeze of 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 ...
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Keith Patrick Gill[1] (born 8 June 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 DeepFuckingValue (DFV ...
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 book covers the events of the GameStop short squeeze, which saw the collapse of Melvin Capital as users of r/wallstreetbets and other retail traders initiated a short squeeze on stocks like GameStop, AMC and Bed, Bath & Beyond. It was published by Grand Central Publishing in the United States on September 7, 2021.