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r/wallstreetbets is still riding high on the idea they can do it again with another stock and/or that there's still a squeeze just waiting to happen and people
by rtkwe 5y ago
r/wallstreetbets is still riding high on the idea they can do it again with another stock and/or that there's still a squeeze just waiting to happen and people holding GME aren't bag holding.
- unmole 5y agoWell, AMC was a similar story.
- rtkwe 5y agoI'm not super familiar the "DD" that happen happened with it but AMC only really popped ~500%. I always thought it was more of your standard pump with a quiet dump than a real short squeeze like GME (maybe already caused).
- swarnie 5y agoThey badly need to run another paper trading challenge... The new userbase needs a pruning.
- wsb_mod2 5y agoWho exactly is this "r/wallstreetbets" that is riding high on this idea? Unlike other subreddits, WSB is very much not a hivemind. This did not happen by accident. You can take a look at mention trends [0] and see that most people are talking about stocks that have no "squeeze" story behind them. You can also take a look at the rules [1] to see that market manipulation (like 95% of the GME discussion that goes on) is not allowed. Finally you can take a look at the daily thread [2] and note that within the top 1,500 comments, only two mention the word "squeeze". [0]: https://www.quiverquant.com/wallstreetbets/ https://www.quiverquant.com/wallstreetbets/ [1]: https://old.reddit.com/r/wallstreetbets/about/rules https://old.reddit.com/r/wallstreetbets/about/rules [2]: https://old.reddit.com/r/wallstreetbets/comments/silx0h/daily_discussion_thread_for_february_02_2022/?limit=1500 https://old.reddit.com/r/wallstreetbets/comments/silx0h/dail...
- rtkwe 5y agoI skim and see at least a few mentions and threads a week talking about the GME squeeze that's still coming. Combined with seeing people talking about trying the same pump method on other stocks feels to me like there's a lot of people trying to replicate the fluke that GME was.
- wsb_mod2 5y agoNo doubt the number is non-zero in a subreddit that gets 20-30K comments a day. Still, the people complaining make it seem like the sub today looks the same as it did on January 28th, 2021. I took a very cursory look at the front page just now and don't see a single post advocating a short squeeze. Maybe there's one or two mentions within the threads, but it's far from everywhere.