The Reddit forum that's freaking out Wall Street briefly went dark, sparking yet another frenzy

The Reddit message board that's breaking the internet by sending Wall Street into a frenzy was briefly taken private by its moderators on Wednesday, adding further confusion to a wild day.

"We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest," said a message on the WallStreetBets subreddit, adding that enforcement of the forum's rules and Reddit's content policy became increasingly difficult."WSB will be back," the moderators added.

In a post soon after making WallStreetBets public again Wednesday evening, the moderators outlined their struggle to manage the group's surging popularity.Read More"We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep," they said."We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators.

Hedge funds or other 'interested' parties are orchestrating mass subreddit specific bot spamming on WSB. That's why they made it private for a while.

Took me 5 minutes to firgure this out with the help of a research paper from Cornell & another explainer how drops made by the apophenia in Q to Reddit.

THEY ARE AWESOME!!

Couple of months ago I came across a recommendation about DennisWilliam77 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

Amazing. Watch the system come down heavily on those in the general public doing to hedge funds what hedge funds have been doing to the public forever. Stock manipulation is supposed to be a one way street putting billions in the pockets of the super wealthy only.

Haha reddit for the win😂👍 love those hedge funds people crying.. it’s totally fine when they manipulate the market it is fine, but how dare normal people do it and make money right?

It’s a crime if I bounce a check, why is it legal to short a company more volume than available? Fuck them. Sucks that they got greedy and their algorithm wasn’t picking up retail investor purchases. Don’t be so fucking greedy next time, but you will.

YEAH RIGHT lol! Typical Wall Street swindling!

Reddit cant buy such good commetcial.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GameStop mania: How Reddit traders took on Wall StreetGameStop has captivated Wall Street's attention. The stock's rise has been otherworldly. But the obsession isn't just with the rally, it's with who's making money off of it. Legions of individual investors regular, everyday people—gathered on social platforms like Reddit and decided to send GameStop stock, as they would say, to the moon. This week, GameStop shares soared 400%, a hedge fund had to get bailed out, and online trading platforms had to restricting trading on GameStop and other hot stocks. Here's how the GameStop saga played out, and what's next as lawmakers turn their sights on the story that took over Wall Street this week. Power of the People!! 🚀🚀🚀 Stop pushing $slv I would have bailed out the hedge funds, but I was at Dairy Queen with my grandkids.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street got wrecked by Reddit and is now crying foul'The thought of billionaires chewing their fingers to the bone because of an army of Reddit users will continue to delight an entire generation.' Opinion | TalAbdulrazaq TalAbdulrazaq Priceless TalAbdulrazaq When big corps start losing they want to change the rules on us. Many WSB Reddit users were doxed/threatened. Internet privacy has never been more important than it is now & the only way to ensure the corps don’t change the rules on you is to go decentralized. $SENT Exidio_co TalAbdulrazaq Isn't this just the market at work? If you knew X had a short position and you had the ability to exploit that weakness and earn money. Why wouldn't you take it.
Source: trtworld - 🏆 101. / 63 Read more »

Buy or sell: GameStop frenzy has Washington teasing action on Reddit vs. Wall StreetLeaders on both the left and right presented a united front against one element of the stunning trade. What they want to do next reflects familiar partisan divides. Only the Elites in power can manipulate the market HOW DARE YOU PEONS INTERFERE! R.I.P Biden Presidency You don’t have left and right, you have Center and right. Fact of the matter is that some hedge funds gambled themselves into a very precarious position by shorting the company for more than the number of available shares. They exposed themselves to existential risk and will lie/cheat/steal to evade the consequences of their stupidity
Source: NBCNews - 🏆 10. / 86 Read more »

Reddit-driven GameStop mania is a populist movement disrupting Wall Street - Business InsiderThe GameStop mania driven by Reddit traders isn't simple market trolling. It's a populist movement threatening to disrupt the financial system to a degree Occupy Wall Street only dreamed of. wallstreetsbets What would you suggest about the Fed? Spot on. good
Source: BusinessInsider - 🏆 729. / 51 Read more »

Opinion | Why it matters that Reddit users beat Wall Street by betting on GameStop's stockWall Street giants are calling foul after having been beaten at their own game by a bunch of guys on the internet. It's hard not to cheer. THINK THINK THINK I'm waiting for the word 'hedgemony' to start showing up...
Source: NBCNews - 🏆 10. / 86 Read more »