Reddit

Reddit

Congress Is Calling The CEOs of Reddit, Robinhood, Hedge Funds Citadel and Melvin Capital, Along With Keith Gill aka ‘Roaring Kitty’ aka DeepF*ckingValue Guy To Testify About Their Alleged Trading Shenanigans

By Jack Kelly   The pandemic brought upon us a lot of lunacy. One of the weirder quirks of the covid outbreak was that people found themselves stuck at home with time on their hands and unemployment and stimulus checks in their pockets.   ...Read More

The Securities And Exchange Commission, U.S. Justice Department, Commodity and Futures Trading Commission, House Financial Services Committee And Deputy Droopy Dog Are All Investigating The Reddit Day Traders

Things are starting to get real with the WallStreetBets Reddit day traders and hedge fund short sellers. The Wall Street Journal reported Wednesday that “Federal prosecutors and regulators are investigating whether market manipulation or other types of misconduct fueled the rapid rise last month ...Read More

Robinhood CEO And Hedge Funds Kingpins Are Being Called To Appear Before Congress To Be Grilled Over What Really Happened During The Reddit Day Trading Frenzy

Gazzilionaire Citadel hedge fund operator Ken Griffin has been summoned to Washington—and it’s not for a tour of the monuments. Griffin is anticipated to testify before Congress. He’ll be grilled on his firm’s involvement with the imbroglio of a Reddit social media mob of ...Read More

It Looks Like The Biggest Winners Of The Reddit, GameStop Day Trading Frenzy May Be Two Middle-Aged, Mild-Mannered Canadian Hedge Fund Guys

By Jack Kelly We’ll soon see the movie about the recent “story stocks” alleged market manipulating, pump-and-dump saga. The main narrative about the Reddit day trading phenomenon will likely focus on the young, wild, foul-mouthed, silly dudes hyping “meme stonks.” The short-selling hedge funds ...Read More