WallStreetbets Archives

The internet had some thoughts about today’s GameStop hearing

admin Reddit, Robinhood, Stocks, WallStreetbets February 19, 2021

The GameStop hearing certainly drew a lot of attention. Key players involved in the GameStop saga were in the hot seat on Thursday as lawmakers grilled the CEOs of hedge fund Melvin Capital Management, financial firm Citadel, and trading app Robinhood, as well as the retail ...Read More

0 Comment

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

Jack J. Kelly Hedge Fund, Hedge Funds, Melvin Capital, Reddit, Robinhood, Stocks, WallStreetbets February 15, 2021

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

0 Comment

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

Jack J. Kelly Commodity Futures Trading Commission, Financial Services Committee, Justice Department, Reddit, SEC, WallStreetbets February 12, 2021

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

1 Comment

Pot Stocks Are Blazing Higher

Jack J. Kelly Reddit, Robinhood, Stocks, WallStreetbets February 11, 2021

By Jack Kelly The Reddit WallStreetBets gang, along with Robinhood touting the hottest stocks being bought on its platform and an ever-growing army of day traders, have all piled onto “meme stonks” sending them to stratospheric heights. Gen-Z and Millennials—and now the older crowd ...Read More

0 Comment

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

Jack J. Kelly Hedge Funds, Melvin Capital, Reddit, Robinhood, SEC, WallStreetbets January 28, 2021

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

4 Comments

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

Jack J. Kelly Regulators, Trading, WallStreetbets January 27, 2021

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

0 Comment