The popular small investor online forum WallStreetBets (WSB) had been on average producing sound investment advice, a team of researchers concluded. The Reddit forum, now sporting over 10 million subscribers, gained spotlight after many of its users organized to buy GameStop stock earlier this year, starting a buying spree that boosted stock price of the…
WallStreetBets Investor Forum Gave Good ‘Buy’ Advice on Average, Researchers Say
NTD Business Full Broadcast (Feb. 1)
Game-stopped. The company’s shares fall 30% today. Retailer investors were left out in the cold. We bring you the latest update on the virus relief talks. President Biden is meeting a group of Republicans on Monday on a new proposal. What’s in the Republican bill and will it go anywhere? And are you worried about…
GameStop Is Not the Revenge on Wall Street
Commentary The short squeeze forced on GameStop and other stocks through Reddit’s WallStreetBets has generated a massive media frenzy against hedge funds and comments all over social media hailing the decision of a group of small investors to trigger a huge repurchase of a beaten-down stock. The first thing we need to understand is that…
Discord Now ‘Working With’ WallStreetBets After Banning Its Chat Server
Instant-messaging platform Discord is now reversing course after it banned the popular group WallStreetBets on Wednesday, claiming the server allowed “hateful and discriminatory content.” Discord said they had made the move after “repeated warnings,” saying it had nothing to do with the GameStop trading debacle that has been generating headlines over the past few days….
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