TL;DR -- Don't go into stock investing chasing ridiculous gains. Consider setting up a retirement account. Put money into indexed mutual funds, not single stocks. If you buy single stocks, consider that money written off. And, for the love of god, NO PENNY STOCKS. ...
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Through platforms like Reddit (specifically the Wall Street Bets forum, which describes itself as “like 4Chan found a Bloomberg terminal”), these retail investors have worked to together to drive prices so high that hedge funds have had to abandon their short positions. ...
funds had bet against, including that of u.s. videogame retail chain gamestop. earlier in the day, chief executives of reddit and robinhood, along with wall street hedge fund managers and a youtube streamer known as roaring kitty faced a grilling by u.s. lawmakers about the reddit rally ...
tellsIR Magazine:‘There is a prevailing belief among some retail traders, particularly on platforms like Reddit, Stocktwits and Yahoo Finance, that trading should be for all people, not just the hedge fund managers, mutual funds or index funds. Loud and clear comes the mantra: ...
an advertising campaign by an importer of Middle Eastern foods (couscous, dates, etc.) wishing all and sundry a ‘bon Ramadan’ was plastered over seemingly every stop of Paris’s Métro. (Just imagine the collective pants-shitting from theHalal-funds-terrorism crowdthat would accompany such ...
The decision to hold a hearing comes after days of wild swings in shares ofGameStop(GME),AMC(AMC) and other stocks bid up by agroup of traders on Reddit. The enormous rallies have caused heavy losses for some hedge funds that bet against the stocks. ...
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but Jordan also blames films like theWolf of Wall Streetfor glamorising trading and creating the perception that investing is only for the richest. “There’s not many films about index funds, for sure, but if there was, following the life story of someone who invested £50 a week could ...
The enormous rallies have caused heavy losses for some hedge funds that bet against the stocks. “American workers have known for years the Wall Street system is broken – they’ve been paying the price,” Brown said. “It’s time for the SEC and Congress to make the economy work...