do we start watching different time points for momentum shifts? Instead of option expirations, maybe rent-due or tuition-due dates? Will every Friday close now be down because the kiddos need $ to go clubbing (well, once the virus is done)? Maybe major market outflows when a new WoW expansion comes out?
Reddit Kiddos are done. Discord just banned the /WSB server and the SEC is putting the ban hammer down 100%. Aside from that: Look at who owns the stock If you still think that the small fry is gonna win... Reddit kiddos going to jail while the whales are laughing all the way to the bank
This is their move, pressure reddit to set WSB to private/shut it down while hammering down the price after hours to make it look like its dumping to scare the longs into liquidating their positions at open... diamond. hands.
Indeed the power has been shifted to the Reddit Kiddos. They provide trading opportunities! BUT whether they can bring home the bacon every day/week/month/year is another story.
There's 600k equities globally and wbets had just about enough of gas, to focus on one. Winning a minor battle doesn't mean that war has been won. Beside look at IB response. Blocking puts etc. Unprecedented events calls for unprecedented actions/reactions (?) Nothing to worry about for pro boys. WoW - people still play it? I mean, that's like 20 y.o engine. Diablo 4 or new PoE. Ftw. Also Dark Souls. Elder Scrolls 6 incoming. Might be game of the year. (Like Oblivion 2006 or Fallout 3 2008, both from Bethesda) Rpg market - golden days over (?) (Just heard a rumor)
I think the people behind /r/wallstreetbets will get very unpopular when it is all over, so it will be a short-lived revolution.
When share price goes up 3-400% in a couple of days, you don't need many work days to bring home the bacon... 1 a Q at most.
As someone said on Twitter - You all thought 'hate speech' was about protecting the vulnerable? Nope, it will be used against anything they deem hate speech (and if you think about it, this sentance could be hate speech, don't ban me!). If they're so worried about hate speech, why didn't they go after WSB last week or month? Answer, it's not about hate speech, that's just the fit-all excuse. Personally I'm loving it as the more the elites try to protect themselves the more they show their true colours, and the more the people start to understand what's going on.