How Reddit Broke Wall Street

The following video is brought to you courtesy of the TheRichest YouTube Channel. Click the video below to watch it now.

Subscribe for more amazing videos! ► http://bit.ly/Subscribe-to-Richest ◄

Wall Street Bets wants to make the big hedge funds go bankrupt. The reddit community is very popular with new stock traders, and new investors are piling into meme stocks like GameStop, Nokia, Blackberry, AMC Theatres, and even Blockbuster. These stocks had high short interest because fundamental analysis shows that the companies are struggling. Hedge funds were looking to make some easy money in the hopes these businesses would fail. However, Wall Street Bets came to the rescue. GameStop stock has risen more than 1,700% so far this year, and other meme stocks have also skyrocketed. Some redditors have started to refer to GameStop stock as Gamestonk in reference to the finance meme Stonks. GameStop stock is a massive bubble and it will surely burst. However, we have no idea how high the share price could climb. GameStop is likely in trouble longterm, but for now the company has managed to avoid bankruptcy thanks to millennial day traders capitalizing on the greed of hedge funds with deep pockets. One of the more prominent posters on the Wall Street Bets channel managed to turn $53,000 into $48 million using call options. Here’s a look at how Wall Street Bets is making massive hedge funds lose billions of dollars. Short squeezes are nothing new and they all end the same. The bubble will eventually burst, and both the hedge funds and redditors will lose unthinkable amounts of money. Are you buying GameStop stock, or are you happy to sit on the sidelines and watch the mania unfold?

For copyright matters please contact us at: legal@valnetinc.com

CHAPTERS:
00:00 Intro
00:39 Reddit Army
02:11 Which Stocks are the Target?
04:14 The Bubble Will Burst”

The Richest

The Richest

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<