Did WallStreetBets get taken down?
Did WallStreetBets get taken down?
Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community. What Happened: Only users who moderators have approved will be able to view the page and take part in discussions. Jul 3, 2021
Who short sold GameStop?
One of the biggest GameStop short seller “”victims”” is Melvin Capital, a hedge fund that started the year with $12.5 billion in AUM and lost almost 30% through Friday last week, according to The Wall Street Journal. Jan 27, 2021
How much did short sellers lose on GameStop?
GameStop Short Sellers Extended Losses To $6.5 Billion In August. Sep 9, 2021
How much GameStop is shorted?
a $17.6 billion market cap. 11.23 million shares are shorted. Jun 11, 2021
Was the GameStop stock illegal?
The Securities and Exchange Commission charged two traders with engaging in illegal so-called wash trading of meme stocks, including GameStop Inc., in an alleged scheme that netted them hundreds of thousands of dollars in ill-gotten rebates from a number of stock brokers. Sep 27, 2021
Is WallStreetBets pump and dump?
They’re pumping the stock, and the early GME buyers will take advantage of the pump by dumping their shares. It’s basically a pump-and-dump at this point.
Is coordinated stock buying illegal?
Manipulation is illegal in most cases, but it can be difficult for regulators and other authorities to detect, such as with omnibus accounts. … Manipulation is variously called price manipulation, stock manipulation, and market manipulation.
How do you tell a stock is being shorted?
For general shorting information, such as the short interest ratio (which is the number of a company’s shares that have been sold short divided by the average daily volume) you can usually go to any website that features a stock quotes service.
What is the most shorted stock?
Most Shorted Stocks Right Now Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …Beyond Meat, Inc. (NASDAQ:BYND) …Lemonade, Inc. (NYSE:LMND) Feb 18, 2022
Do short squeezes work?
Who Loses and Who Benefits From a Short Squeeze? Speculators and traders who have short positions in a stock will face heavy losses if the stock undergoes a short squeeze. Contrarian investors who have built up long positions in the stock in anticipation of a short squeeze will benefit as the stock price climbs.
How high can GameStop go Reddit?
At a market cap of $893B, GME shares will be worth $12,806. And this is a conservative estimate, since the current total market cap is considerably larger than it was in 2018. TL;DR: The price of GME shares could reach anywhere from $12k to $28k. Mar 11, 2021
Is GameStop a good stock to buy 2021?
GameStop (ticker: GME), the original meme stock, has been one of the best performers this year. Its shares have gained 707% to $152.14 in 2021, easily outpacing the S&P 500’s 26% rise and the Dow Jones Industrial Average’s 17% gain. Dec 27, 2021
What Reddit investing?
With more than 2 million users and a catchy tagline (”Lose money with friends!”), r/investing is one of the largest and most frequented investing subreddits on Reddit. This group covers everything from general stock market questions to how to choose an online brokerage account to the coolest ETFs to buy in 2022. Jan 3, 2022
