![]() ![]() was suddenly given significant media attention, and according to Bloomberg, the Gamestop Corp. The board may have added a little froth to Tesla Inc.’s $90 billion rally. The WallStreetBets community has a highly special jargon. Now, it is the most prominent investing community on Reddit (25th overall on the site), with 13.3 million subscribers. went crazy shortly after being mentioned there. At the end of 2012, r/WallStreetBets had just 1747 subscribers. Hitherto sleepy companies such as Virgin Galactic Holdings Inc. WallStreetBets’ language is crass and offensive, the humor is self-deprecating, and the culture is a little strange, but it is not an organizing ground for hate. But even veteran traders have trouble dismissing a 900,000-user Reddit forum called r/wallstreetbets, or r/WSB for short, whose tips and tactics have shown an uncanny ability to push prices, at least for the short term. Reddit is a social media platform where members can engage in discussion threads about various topics. The latest sell-off, driven by a new wave of coronavirus fears, shows how quickly markets can turn on you. While some have dismissed WSBand meme stocks in. A short squeeze was initiated, word traveled rapidly over social media and GameStop’s share price soared from 37 to 483 in just a week. The term newbie is an easy one, and it refers to a rookie trader who is new to. In January 2021, DIY trading seized headlines around the world after popular subreddit WallStreetBets (WSB) rallied interest in failing company GameStop. History hasn’t been kind to people claiming to have a magic hand. Now on WallStreetBets, it is used as a more general term for stocks that they might be trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021. ![]() Wall Street doubts they’re right, but it’s getting nervous about what it sees there. r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. Some of them think they’ve found the key to fast wins on the stock market. In a dingy corner of the internet is a message board, soaked in profanity, bro-speak, and greed, where posters with handles such as OverthrowYourMasters and yolo_tron campaign for their favorite stocks, putting up screenshots from their online brokerage accounts of their moonshot victories-or showing off their massive losses like badges of honor. ![]()
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