2 ms·
/r/wsb are not the ones driving this but rather the millions of new accounts at zero-cost brokers, hours and hours of boredom, and possibly stimulus checks
by qeternity 6y ago
/r/wsb are not the ones driving this but rather the millions of new accounts at zero-cost brokers, hours and hours of boredom, and possibly stimulus checks
- 0x8BADF00D 6y agoDon’t forget about the market makers either. Robinhood and other brokerages sell data on the positions their traders are entering to their market makers (like Citadel). Then the algos front run the trade, and you end up in a situation where a stock like HTZ can rally exponentially in a day.