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WSB and the fun stuff


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 AllSeeker 
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Just came across this today and by the time I was able to get there WSB sub reddit was made private.


What I understood so far: "A group of traders (for arguments sake lets assume they were all average retail traders) got together to drive stock against a hedge fund".

This is by no means a small thing

Can the people here who are in the know, shine some light on the incident and if possible far reaching effect it may have on trading industry?


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 forrestang 
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Good place to start is HERE, just read the various posts from that point forward, may take 5 min to get up to speed.


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LastDino View Post
Just came across this today and by the time I was able to get there WSB sub reddit was made private.


What I understood so far: "A group of traders (for arguments sake lets assume they were all average retail traders) got together to drive stock against a hedge fund".

This is by no means a small thing

Can the people here who are in the know, shine some light on the incident and if possible far reaching effect it may have on trading industry?


forrestang View Post
Good place to start is HERE, just read the various posts from that point forward, may take 5 min to get up to speed.

I think this is being covered in the GME thread already, here:



If there is an intent to cover some other, wider aspect of this developing situation I might be willing to change my mind, but as of now I think this thread would just be creating a split topic, and so I am closing it.

Bob.


When one door closes, another opens.
-- Cervantes, Don Quixote
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