Reddit

Reddit

Wall Street just showed the Reddit crowd how to really make money

London (CNN Business)In the early weeks of 2021, amateur traders backing meme stocks like GameStop (GME), AMC Entertainment (AMC) and BlackBerry (BB) captured the world’s attention. As spectacular gains triggered huge losses for hedge funds that bet the shares would fall, a David versus Goliath narrative took hold. Finally, the little guy was triumphing ...Read More

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