Superstonk

Your comment sums things up well, thanks for sharing.

The retail investors were motivated by a desire to take on the hedge funds and other institutional investors, whom they perceived as part of an entrenched financial establishment manipulating the markets. The sudden surge in the prices of these stocks caused significant losses for the short sellers and created a media frenzy as the story unfolded. A superstonk is a term used to describe the dramatic increase in the stock price of certain publicly traded companies resulting from retail investors buying stocks heavily on platforms like Robinhood. Superstonks are typically associated with Wall Street Bets, an online forum devoted to investing discussions, where many investors coordinate their trades around these stocks. Despite the potential gains from superstonks, there is also a high risk of losses as the prices can quickly decline just as quickly as they rose.

Superstonk

Can't remember why it was banned from WSB. Something to do with the new mods I believe. GameStop was never banned from WSB. It is the 3rd most discussed ticker in the past 30 days. Also, the WSB mod team is more or less the same as it was in or earlier. CommieBobDole on Feb 7, prev next [—]. Dma54rhs on Feb 7, parent next [—]. At least in some point it became so w Q-anon level conspiracy level that I had to stop following the subreddit. It was fun in the beginning. Superstonk has pretty much been a qanon-esque community since day 1.

Originally from the Philadelphia region superstonk coming from a year career providing insights to executives of mid-sized manufacturing firms, Ben transitioned to entrepreneurship full-time in Nov Anyone could figure out who I am with 30 seconds of googling, superstonk.

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Retail traders on Reddit are theorizing that a market crash is imminent, with one sign of a crash trumping all others: the Federal Reserve's overnight reverse-repurchase agreement facility. A recent Bloomberg report revealed how this complex facility has drawn the eye of Redditors on a forum called Superstonk, a subreddit that boasts , members, far smaller than Wall Street Bets' 11 million. Similar to the now-famous Wall Street Bets, Superstonk is dedicated to discussing business and stocks, specifically GameStop. In the forum's keen observation of the Fed's reverse repo facility, it differs. The Fed's reverse repo facility allows big institutions — mostly big banks and money-market mutual funds — to buy securities from the Fed with an agreement to sell them back to the central bank for a specified price at a specific time. Every day, firms submit proposals to the bank's FedTrade system with the amount they want to invest in the facility and the daily total is posted on the Fed's website. According to Bloomberg, one user going by the name pctracer began posting daily RRP results starting this past May. The user noticed that the figure invested by participating firms have been growing.

Superstonk

New to Shacknews? Signup for a Free Account. GameStop's stock has been back in the news lately with volatile moves up and down over the past month, and discussion about the company is picking up on Reddit, Twitter, and even mainstream media outlets. An impressive feat for a subreddit that was created in March of One could argue that some meme stock investors are chasing after Keith's amazing investment gains, but his massive payoff took years to occur.

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Why would Hedgefunds buy the puts again? However, market observers are still delving into the complex reasons behind and effects of the Superstonk craze. Is there any public evidence that their user count is down? ItsMonkk on June 21, root parent prev next [—]. The buzz surrounding these stock investments created a wave of speculation as to whether this was simply a benign result of genuine consumer interest or if it was driven by profit-minded investors hoping to capitalize on manipulative tactics. Any Superstonk users posting screenshots from Robinhood were immediately encouraged by their peers to transfer their shares away, in a mass campaign on the subreddit spanning the course of several weeks. However, superstonk investments also carry a high risk of loss due to their volatility and lack of regulation. Ethics in accounting are crucial for honesty, transparency, and maintaining public trust. Hacker News new past comments ask show jobs submit. But after all the drama back then, Robinhood has since suffered a mass exodus of users to different brokerages. However, all investors need to remember the risks involved with superstonks before investing.

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Also for choosing one underlying do you mean only trade options on one single security? Because it took over the entire subreddit for months on end and dominated all conversation. I have no desire for them to succeed. That's all it ever was from my observation from around the same time; they shill the most absurd stock with emojis and brag about taking losses with diamond hands, but somehow discussing Bitcoin as an actual way to counter-act the ills of the 'hedgies' or central banks was banned so I lost interest. Many users who transferred their shares away from Robinhood found the cost basis of their transferred shares to be wildly inaccurate — often hundreds of dollars above the price they actually paid for them. UncleMeat on June 20, root parent next [—] Robinhood sent me some unsolicited recruitment a year and a half ago, where they claimed to have 10m users. The point about the motivations and beliefs of the traders. Dma54rhs on Feb 7, parent next [—]. Ben's thesis was that the small business community would value the same expertise, technology and know-how that the large organizations have to help accelerate their own businesses. Nothing you have said indicates you understand professional options markets. Some investors who bought the stock in early may have seen a decline in their investment, while others who bought later in the year or may have seen an increase in the stock price. At this time, no one has been charged with a crime related to the superstonk craze and fallout. Can you provide some points on why the main premise that there is still a large short position which is underwater could be false?