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• #Should i watch the wolf of wall street reddit movie#

GameStop’s stock was painfully low not that long ago, but now the stock is trading for $347 at the time of writing this. GameStop sitting amongst Tesla and Amazon after reddit users make it a Fortune 500 company /AVUtcjs6gl Wall Street is known for doing all kinds of sketchy things with the stock market that are technically legal, but now that a few Redditors from Wall Street Bets are using their tricks against them there are a lot of people whining about how there needs to be more regulation. We thought this one was pretty funny even if we are on the outside looking in on this trend.

#Should i watch the wolf of wall street reddit movie#

Jokes about the Leonardo DiCaprio movie Wolf of Wall Street was inevitable. we lose is all next week #stockmarket #stocktok #Stocks #investing #Money #fyp

(Though there’s already some whiners on that subject.) This trend might make big time Wall Street companies think twice before short selling if Reddit decides to keep going with this – we’ve already seen other companies aside from GameStop benefit including AMC and Blackberry. This new trend of buying up cheap stocks has barely begun and there’s nothing illegal about it. Game stop? Seems more like the games have just started This isn’t the first time the average person has taken issue with Wall Street – remember when the term 1% became a thing and people camped outside Wall Street office buildings for weeks ? This protest just has real repercussions and people are living for it. Now Wall Street is losing money for their sketchy, albeit technically legal actions, and individual investors on apps like Robinhood are making bank. The takeaway of the story is that the rich guys who game the system got played by a group of bored people on Reddit. We explain the situation in layman’s terms more fully in this article. Now, that’s a lot of fancy stock exchange talk, but have no fear. Redditors have banned together in order to short squeeze the guys on Wall Street who have been shorting GameStop stock (and a few others). It’s a weird day, but after 2020 we’ve all come to accept that we live in a weird world – now we’re just embracing the chaos. Wall Street is having a panic, Reddit is having a laugh, and social media is in absolute awe today. By: Brynley Louise Fire memes: The Wall Street Bets Reddit is destroying hedge funds