5 millions shares are being added to revenue raise (not a bad thing - more capital than Gamestop and still not a drop in the ocean of HF shorted position) The weekend is almost here. I expect this thing to get worse before it gets better. If you're new here do not be deterred or disheartened. It is not a loss until you sell [Megathread] WallStreetBets, Stock Market GameStop, AMC, Citron, Melvin Capital, please ask all questions about this topic in this thread. Closed There is a huge amount of information about this subject, and a large number of closely linked, but fundamentally different questions being asked right now, so in order to not completely flood our front page with duplicate/tangential posts we are. reddit gamestop stock thread. amc stock wallstreetbets. wsb amc. gme wallstreetbets. amc shares reddit. stocks on reddit. gamestop price share. wall street beds. wsb group. Welcome to Reddit, the front page of the internet. Become a Redditor. and join one of thousands of communities . The r/WallStreetBets (WSB) forum.
Reddit told CNN Business that the moderators of WallStreetBets chose to take the forum private, and the company was not involved in the decision. However, after briefly being private, the subreddit was then back up, reports CNBC. A mega-thread on it going private has also been pinned to the top of the sub-reddit GameStop's sales may have taken a hit from the coronavirus pandemic, but its stock price has surged roughly 400% since the year began thanks to an ugly fight prompted by day traders on a Reddit. Members of the Reddit thread wallstreetbets decided to pile in to GameStop with the aim of pushing up the share price to inflict losses on short-sellers including Melvin Capital. It is my privilege to serve as GameStop's chief executive officer, working with a group of highly-committed and knowledgeable Board members in stewardship of the long-term interests of all our stockholders
. AMC is today's GameStop. A Reddit mob sent its stock more than 200% higher. The GameStop stock surge began for a legitimate reason: The company announced on January 11 it had added three new. Investment firms back down after Reddit thread sends GameStop shares soaring. The hedge fund owners are crying as a result of us, one user wrote on a Reddit discussion about GameStop stock
The Reddit message board that's breaking the internet by sending Wall Street into a frenzy was briefly taken private by its moderators on Wednesday, adding further confusion to a wild day Reddit users claim victory as $13bn hedge fund capitulates on GameStop Members of Reddit thread 'wallstreetbets' decided to pile in to GameStop with the aim of pushing up the share price A
Post or comment in the official Endless Thread subreddit. Send us a direct message on Reddit. Our username is endless_thread. Email us at firstname.lastname@example.org. Leave us a voicemail at 857-244. Reddit vs. Wall Street. It all started when members of Reddit thread r/WallStreetBets, which has more than 2 million users, started snapping up GameStop shares since the middle of January, causing the stock to skyrocket by more than 1,000 percent. In the early days of COVID-19, the company's shares were valued at around $4 a share, and peaked. Reporters from across the CNBC newsroom explain the GameStop phenomenon, in which a Reddit-fueled rally to punish short sellers is sending the stock skyrocketing above its fundamental valuation Earlier this week, the Reddit thread r/WallStreetBets encouraged people to pile into GameStop's stocks in an effort to stun Wall Street firms who were betting these stocks would fall. Then, Elon. Following a thread on Reddit called 'wallstreetbets' that has more than two million subscribers, GameStop's price went from $17 at the start of the year to almost $150 per share when trading.
GameStop shares have skyrocketed 1,200% since mid-January, when members of the Reddit forum r/wallstreetbets began advocating that others buy stock in the ailing video game retailer. In the past. GameStop dropped more than 20% in extended trading Wednesday, while AMC fell more than 38%. A Reddit spokesperson said wallstreetbets moderators set the community to private briefly
Bricks-and-mortar video game retailer GameStop and cinema chain AMC are now up more than 1,744% and 838% year-to-date, respectively, after retail investors organized via Reddit thread. Reddit GameStop Squeeze Is a Game Changer. by Melanie Waddell. Md., told me in an early February email that the WallStreetBets Reddit thread should ABSOLUTELY be investigated.. How Reddit's r/WallStreetBets turned hedge funds and the stock market upside down — and then the Mets and Elon GameStop, a company largely so this thread of short TikTok videos was. At the source of the madness, the Reddit WallStreetBets forum, there is a fascinating if not-safe-for-work thread discussing the endgame for GameStop. It's rapidly becoming apparent that we.
GameStop fun turns serious for Reddit's WallStreetBets. Analysis: financial risk is often an in-joke for the anarchic group of traders - but no one is laughing now Video game retailer GameStop's stock price has increased dramatically due to the actions of users on the WallStreetBets subreddit. The Reddit users pushed the stock up from $20 on 11 January to.
Don't understand stocks but you're curious what's going on with Reddit, hedge fund managers and GameStop stock? This thread breaks it down in a most hilarious manne First published on Thu 28 Jan 2021 10.03 EST. 78. 78. The army of small investors using Reddit to punish hedge funds hoping to profit from the failure of GameStop have taken their battle global.
Reddit co-founder Alexis Ohanian offered support on Thursday to the forum, describing the GameStop stock-trading frenzy driven by investors coordinating on Reddit as a turning point in the U.S. The WallStreetBets Reddit community, which upended the stock market this week with its GameStop campaign, has exploded in popularity, but it's been around since 2012. The subreddit remained relatively small until 2020, when popularity in stock trading apps soared. A sudden wave of new users and YOLO stock buying has reshaped the sub's identity GameStop's stock traded as high as $62.11 per share in 2007; it got as low as $3.50 in March 2020. It closed at $18.84 on Dec. 31, 2020, for an equity market capitalization of about $1.3 billion. Reddit users win and lose as they take on Wall St giants with GameStop move. It's all or nothing for the Reddit users taking on Wall St, with risky moves that have seen them lose everything.
. Then a group of amateur day traders at the r. GameStop was at the center of a period of market mayhem in late January as retail traders led by multimillion-member Reddit thread WallStreetBets sent its share price skyrocketing GameStop stock continued to rally in early Thursday trading and the Reddit message board that sparked the market chaos, WallStreetBets, briefly went private on Wednesday night
News The big GameStop short: Reddit traders outmaneuver US hedge funds. Established US investment funds Melvin Capital and Citron Research bet that stock prices of an aging video game high-street. GameStop stock climbed by 104% until trading was halted for a second time - moments before markets closed. The rapid rise came as Reddit, the online home of activist investors that led the. GameStop Saga: Reddit members & Robinhood traders take on hedge funds (and win!) In January 2021, a short squeeze of GameStop, a video-game retailer, and of numerous other securities traded on various stock exchanges took place. The short squeeze increased the GameStop's stock price almost 190 times from its record low, hitting a high of nearly. GameStop, AMC stocks close lower as oversight momentum builds, Reddit poster to testify Last Updated: Feb. 4, 2021 at 5:05 p.m. ET First Published: Feb. 4, 2021 at 6:02 a.m. E
Shares of GameStop shot up 400 percent last week, egged on by the Reddit forum r/WallStreetBets. The online community rallied to drive up the stock price and put the squeeze on big hedge funds who. U.S. law bars the dissemination of false or misleading information with the aim of manipulating investors into buying or selling securitie Reddit user nogoodnameswork cataloged nearly every single promise made on the board based on the GameStop stock, holding them accountable to their ridiculous comments or permanently banning them from WSB. As of Thursday morning, Gamestop stock has started to fall once again, losing about 25% of its value The wild run-up of trades popular with Reddit crowds is starting to come crashing down. GameStop Corp. sank 47 per cent to US$118.84 as of 9:42 a.m. in New York. It's now down 65 per cent from its record close of US$347.51 on Wednesday. AMC Entertainment Holdings Inc. slid 39 per cent and Express Inc. lost 26 per cent
The Reddit community WallStreetBets drove a surge in Gamestop stock last week. Reddit has also been the center of two other populist uprisings: Gamergate and QAnon. While different, they reflect. GameStop's 'Reddit rally' puts scrutiny on social media forums. | Photo Credit: R Social media companies are generally not liable for user activity under a statute commonly known as. One thread on Reddit is filled with people claiming that they're taking the opportunity to buy even more shares as GameStop continues to slide. They're handing us a discount to buy more, how.
Share prices in American Airlines jumped 13 percent, with a number of Reddit users calling for it to receive the same attention that pushed GameStop's share price to an all-time high Company A's share price does indeed drop amid pessimism around the company, with the $1000 parcel of shares now worth only $400. The short seller buys the shares back for $600 less than what. GameStop shares surged this week, in large part due to a group of traders teaming up on Reddit. They belong to a forum called r/WallStreetBets
What Happened: Keith Gill, the Reddit WallStreetBets trader, also bought 50,000 more GameStop Corp (NYSE: GME) shares, bringing his total investment to 200,000 shares worth more than $30 million GameStop shares plunged sharply after Robinhood restricted trading. The stock price of GameStop had surged 1700 per cent in recent weeks after a Reddit group backed it strongly The Reddit-GameStop-Robinhood saga is heating up. Say, by chatting with them in a WallStreetBets thread, for example. Meanwhile, a trading platform banning users from making trades is a new one Endless Thread spoke to one Redditor whose post about buying GameStop stock went viral. Jake, known as Hungry_Freaks_Daddy on Reddit, is a mid-30s man who works two jobs and grew up poor. GameStop Shares Dip As Reddit Buying Frenzy Wanes, That post was later deleted after a response in the thread — Ignore anyone telling you to buy at a certain time
GameStop Is Proof That 'The Market' Is a Casino. Hedge fund Melvin Capital needed a $2.75 billion bailout on Monday after the stock price for GameStop, the video game retailer, spiked to more than. GameStop, which sells video In a Twitter thread Wednesday, Reddit co-founder Alexis Ohanian said the mood on the message boards was one of retribution against big institutions Reddit stocks have taken centre stage over the past few days after a group from the wallstreetbet thread decided to invest in a load of GameStop stocks to get revenge on hedge funders who were.
The Reddit GameStop Bubble Is Just a Game—for Now Online-forum punters have exploited a quirk to push up some unloved stocks. The risk is that investors start believing the share prices imply. Reddit vs. Wall Street: the latest in the GameStop saga. WallStreetBets donates more than $350,000 to gorilla charity to prove 'apes together strong' GameStop stock halts trading after Reddit. How a short squeeze is making Reddit happy and short sellers sad. GameStop's stock price has skyrocketed from where it was at the start of the year, at under $20, to nearly $350 at market close. GameStop stock drops by 42% in a day to close at $53.50 a share - compared to $483 last week - as amateur traders who drove 'Reddit rally' cash out and turn to small pharmaceutical companies.
Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge on Tuesday, tweeting out a link to the Reddit board that's largely hyped the stock.CNBC reports: Shares of GameStop, which jumped 92.7% Tuesday, were up more than 60% in after hours trading following Musk's tweet, which linked to the wallstreetbets Reddit chat room that has more than 2 million subscribers But prosecuting an entire subreddit could be new territory, and again, the huge surge in GameStop's price is not entirely driven by Reddit, more they were the pebble that started an avalanche
Investment firms back down after Reddit thread sends GameStop shares soaring The smartest people in finance — or allegedly the smartest people in finance — have been stunned by what has. Jan. 22, 2021: GameStop surges 50%. As the tug-of-war between the everyday investors and hedge funds heated up and support grew for GameStop on r/wallstreetbets, the stock skyrocketed more than 50. Jan. 28, 2021, 3:25 PM PST. By David Ingram and Jason Abbruzzese. The stock market frenzy around GameStop has been years in the making, reflecting the parallel growth of two extremely online. GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street
The gains arrived after retail investors, encouraged by multitudes of anonymous users of the Reddit board r/WallStreetBets, banded together to send AMC and GameStop, another heavily shorted stock. It's a Reddit thread that is believed to have caused a falling company's stock to be up 788% over the past five trading days and made many small investors thousands of dollars SURPRISE MECHANICS (MERCH): www.yongyea.comSOURCE 1: https://www.google.com/search?q=gamestop+stock&rlz=1C1CHBF_enUS775US775&oq=gamestop+stock&aqs=chrome..69.. Many are enthusiastically doing so and one thread, titled Dogecoin is the next GME/Bitcoin (GME is GameStop Corp.), said getting Dogecoin to $1 a coin (it's currently around $0.01) would.
Watch Robinhood & Reddit CEOs testify on GameStop (GME) stock before Congress here. Robinhood's CEO and Reddit's co-founder will testify before the House Financial Services Committee in regards to. GameStop Stock Surge or GameStop Short Squeeze refers to the massive surge in the price of of GameStop shares in the stock market in January 2021, when it rose from $17 to $136, in a significant degree due to a campaign by users in /r/WallStreetBets subreddit. The hype resulted in GameStop (GME) becoming of the most traded stocks on Wall Street that month, peaking at 200 million trades of the. Reddit Buys 5-Second Super Bowl Ad, Touts GameStop Stock Craze Powerful things happen when you rally around things you really care about, the message read in part Reddit raiders swarm silver stocks as GameStop, BlackBerry retreat. (R) - Shares of silver mining companies were swept up into retail investors' battle with Wall Street on Thursday, with. GameStop surge is latest proof of online crowd's sheer power. It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a. GameStop's wild ride added $6.5 billion in market value over two days as bouts of volatility led to trading halts across Reddit-favorite stocks. GameStop shares were halted at least four times.