Reddit Stock What Happened

The volume today has been insane but we see a. Our objective is to provide short and mid term trade ideas market analysis commentary for active traders and investors.

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So what happened exactly.

Reddit stock what happened. Other users were apparently more interested in making money as. As Reddit and retail traders started to take notice of GameStop they also took notice of how heavily shorted the stock was information thats generally pretty easy to get. The company announced on January 11 it had added three new directors to its board.

A group of retail investors driven by Reddits hedge-fund-hatin rWallStreetBets decided to take GME stock from 10 to 480 in a matter of weeks. What happened to GameStop stock. Shares of the struggling brick-and-mortar video game retailer.

Posts about equities options forex futures analyst upgrades downgrades technical and fundamental analysis and the stock market in general are all welcome. Individual investors buoyed by comments in the rWallStreetBets Reddit community began driving up the price GameStop on Jan. I have most of money sitting in blue chip stocks like DIS HSBC amongst many others with a small amount for playing doing my own DD on and hoping for a 3x but settling for a small profit or loss in most cases.

In response a group of Reddit users banded together to legally buy up those stocks and squeeze the short. This has some hedge funds in dire financial straits because theres insufficient money to borrow and keep the short afloat. And they figured.

The Reddit group rWallStreetBets has found a way to hurt hedge funds by driving share prices higher. How Reddits rWallStreetBets turned hedge funds and the stock market upside down and then the Mets and Elon Musk got involved. Its a fairly decent summary of the fairly complicated and confusing Reddit-GameStop-HedgeFund madness currently going on.

4 things to know about the stock market squeeze Smaller investors were meanwhile exhorting each other online to keep GameStops stock rolling higher. Cooped up at home glued to Reddit and Stocktwits chat forums empowered by Robinhood accounts funded by massive government money-printing and emboldened by a bull market that has turned reckless. What You Need to Know.

Like many companies that are in rough shape GameStop was the subject of whats called short selling in which professional investors borrow shares of stock to sell and then buy back later so they. Data firm Thinknum saw mentions of GameStop start spiking on Reddit days before the stock started rallying again co-founder Justin Zhen told CNBC. Essentially it boils down to a group of small independent investors on Reddit who hang out on the rWallStreetBets subreddit deciding to rescue failing video game retailer GameStop by buying its stock at a low cost as The Guardian explains.

11 when changes to the companys. Heres how a bunch of small-time retail investors on Reddits WallStreetBets were able to send GameStops shares soaring wrecking major hedge funds and pulling down the rest of the. This meme stock explosion has made me even more tight and Scrooge-like with my money.

Texas videogames retailer has become a favorite of online traders who invest in companies championed on the Reddit forum WallStreetBets. But then something happened. What happened with GameStop stocks.

A bunch of hedge fund managers shorted stock trying to make money. Many Reddit posts suggested that this was a way to punish hedge funds that were seeking to profit from a companys troubles. GameStop mania took Wall Street by storm thanks to a legion of retail traders glued to the WallStreetBets message board on Reddit.

Other similar searches include stocks to buy now reddit reddit wsb reddit wallstreetbets penny stocks reddit and reddit stock market Online side hustling now involves scanning. When the Reddit stock trading community WallStreetBets kicked off a coordinated effort to drive up GameStops stock part of the appeal was the idea of devastating short sellers -- investors who. A Reddit mob sent its stock more than 200 higher The GameStop stock surge began for a legitimate reason.

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