Stock of the Day

Out of context: Reply #220

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  • sarahfailin3

    https://www.reddit.com/r/wallstr…

    WallStreetBets redditors caused GameStop to rally 50% this morning by creating a short squeeze. They also piled into Blackberry stock, causing a major rally there as well.

    "[GameStop] has become a high-profile battleground between bullish chatroom-driven day traders, especially on online platform Reddit, and hedge fund short sellers, who have been betting against the stock.

    GameStop has been the most-actively traded stock by customers of Fidelity Investments in recent sessions, with buy orders outnumbering sell orders by more than four-to-one, according to the brokerage.

    “We broke it. We broke GME at open,” one Reddit user wrote Monday after the NYSE halted trading, referring to GameStop’s stock-market ticker." https://www.wsj.com/articles/gam…

    Surely some reckoning is at hand... what rough beast slouches towards Bethlehem to be born?

    • just read this madness
      reddit.com/r/wallstr...
      sarahfailin
    • http://www.reddit.co…sarahfailin
    • lol, so Redditors are fucking up hedge fund douches who were trying to short the stock? am I reading that right? that's amazing if so_niko
    • what the hell, it went from $18 to $183 in January?_niko
    • Amazingsection_014
    • yeah i had to put back my face after looking at BB today. GameStop started to get interesting two weeks ago...sted
    • the WSB reddit has 2.3+ million members with money, time and Robinhood accounts - sounds like how the 1920's stock market started out toospot13
    • I was happy to cash out of BB after holding for a year+ so now I'm jumping on the GME ride to see what happens, lolspot13
    • just checked out from GME.sted

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