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.
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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
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.
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
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
GME going crazy on ASX today apparently
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