WallStreetbets

WallStreetbets

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

The Young, Smart, Scrappy Reddit Traders Who Were Winning, Were Just F@%ked Over By The Short Selling Hedge Funds And Their Cronies

By Jack Kelly The media loves to label people. Instead of calling someone an “investor,” they’re a Reddit or Robinhood “day trader.” The insinuation is it’s some kid smoking weed on the coach, willy-nilly.  buying stocks without any rationale. The Wallstreetbets subreddit on Reddit ...Read More

Regulator May Look Into cRaZy Day Trading Activities Making Millions For Young Traders And Hurting Big-Money Hedge Funds

I previously wrote “Freewheeling Millennials And Gen-Zers Are Starting A New Side-Hustle Career— Aggressively Trading Stocks Online, Minting Money And Showing Up The Wall Street Pros.” Millennials and Gen-Zers are finding a new career—trading stocks online. One of the quirky results of millions of ...Read More