Black Monday

[causecelebre]

WallStreetBets has been shut down (temporarily?) on Reddit.

Wall St ‘influence’ I guess

The mods took it down as they were getting overloaded. Reddit didn't shut them down. Their Discord server got shutdown by Discord, no doubt due to pressure.

[bull....]

even goldman sachs is in on the gme trend they put out a note saying ivc in aus was a target for the social media crowd. the stock jumped big time today

[causecelebre]

There is going to be more of this. Social media users armed with a Robinhood app are going to be making more of these bets going forward. There is little sympathy for billionaire hedge funds crying foul and expecting corporate welfare after they have made naked shorts against companies who actually employ people. You can only halt trading for so long, e.g. AMC.

[causecelebre]

even goldman sachs is in on the gme trend they put out a note saying ivc in aus was a target for the social media crowd. the stock jumped big time today

AMC, BB, and NOK are also targets. The wallstreetbet OG's are trying to downplay those as they aren't as heavily shorted as GME

This originally started out as the meek inheriting the market from wall st as opposed top pump and dumps

[bull....]

exactly probably just part of the evolution of trading , zero fees platforms and stay at home guru analysts talking on social media disrupting the old way

[bull....]

AMC, BB, and NOK are also targets. The wallstreetbet OG's are trying to downplay those as they aren't as heavily shorted as GME

everyones producing lists now so as biscuit was mentioning the strategy may not last to much longer. good while it lasted will probably be the motto soon.

i was listening to Chamath Palihapitiya billionaire tech entrepreneur on cnbc this morning great interview he was saying some of the people on reddit were better analysts than he had seen on wall st

[greater fool]

Only time will tell whether Tesla will ever be able to pay back all the money people invested into it. I won't hold my breath.

There is no requirement for repayment. Investors just need to find the greater fool.

[peat]

i was listening to Chamath Palihapitiya billionaire tech entrepreneur on cnbc this morning great interview he was saying some of the people on reddit were better analysts than he had seen on wall st

good analysts getting shut down.
hmmmm

where have I seen that.?

[winner69]

GME going crazy on ASX today apparently

[bull....]

deepfu..ing value user name on reddit made 47 million from an initial 50k investment on gme

A year ago, a user by the name of DeepF***ingValue (DFV) posted a screenshot of a position he had taken in GameStop.
He had spent about $US50,000 on stock in his initial investment

https://www.abc.net.au/news/2021-01-...ained/13097982

go bro