Gamestop Wallstreetbets And The Reddit Revolution Boom Editorji An unexpected army of reddit users has driven a buying frenzy in stocks such as gamestop and amc, leaving seasoned wall street hedge funds who bet against these struggling companies, to swallow billions in losses. watch all you need to know about the fight between gamestop and wall street hedge funds like melvin capital. Editor’s note, may 13, 2024, 2:35 pm et: on may 12, 2024, keith gill, a.k.a. roaring kitty, returned to social media, with a post on x indicating his possible reentry to the investing space, and.
Gamestop Stock Price How Did Reddit S Wallstreetbets Increase It One prominent wallstreetbets member said he turned a $50,000 investment in gamestop into $22 million, mostly in the past few weeks, and that his gamestop fortune had soared to a mind boggling $48. Divided world is a healthy world. small different cells of culture, economics, and idea that are independent of each other. if one goes down the rest keep on trucking. choas breeds life. this, under capitalism, is how a bunch of opportunist can make something out of nothing and raise themselves. Unfortunately, those events weren't a revolution, they were a blip. a year and a half later, and the stock market has tanked, inflation has taken away people's purchasing power and most people are as uninterested in the financial markets as they were pre pandemic. They will discuss jakab's new book "the revolution that wasn't: gamestop, reddit and the fleecing of small investors" about the crazy week in january 2021 when reddit's r wallstreetbets brought.
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