Shooting the shorts
With 9.2 million members (or “degenerates” as they are known) and language that would make a sailor blush, the r/wallstreetbets army has become a force to be reckoned with. Reddit CEO Steve Huffman refers to the community as using “crass-at-times language” which is like describing our government as being “mildly susceptible to corruption”. Their hero is Roaring Kitty, whose name …
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Magic Markets Ep10: Losing their Shorts
In Episode 10 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) get stuck in on the most exciting few days in the market that we’ve ever seen. Everyone is talking about the short squeeze strategy, WallStreetBets and GameStop, but what is actually going on here? What is short selling? How does it work? Is this a regulatory …
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Magic Markets Ep10: Losing their Shorts
In Episode 10 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) get stuck in on the most exciting few days in the market that we’ve ever seen. Everyone is talking about the short squeeze strategy, WallStreetBets and GameStop, but what is actually going on here? What is short selling? How does it work? Is this a regulatory …
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A short squeeze army
There is an extremely concerning trend in the US market that is probably going to end in tears. The Robinhood app has created an army of totally inexperienced traders who are using extremely complicated financial instruments to trade stocks. Robinhood was founded in 2013 on the premise of no trading fees and no minimum account values. This may sound like …
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