Thursday, January 28, 2021
472 messages from 5 senders:Evan Bbbender 199Daniel Miller 115Cullen Conway 72Matt 61Kyle Derrick 25
They took down the subreddit and all the meme stocks are crashing now- I LOVE THIS
Holy shit they took down WSB?
It says it’s invite only now- Which defeats the whole purpose of a group short squeeze, I bet the SEC got involved
Wonder if it went private or is quarantined?
I think it’s been quarantined
Looks like its private- But the admins could have forced it?
- https://twitter.com/Slasher/status/1354570702448431109
https://twitter.com/WSBChairman/status/1354575873828073473- This thread indicates that many members can’t get in
- I bet all these companies got notices from FINRA or the SEC
Well that was fun- It was cool watching my positions go up 25% in a day
- Now they’ll all implode!
- I suppose this is what you’d call a “goodnight moon” momentDaniel Miller
What a fucking saga
The internet is funny sometimes
It really is a wonderful place now
This will probably backfire spectacularly for most people
And always has been I suppose- Yeah I’m gonna lose a lil money
- Dans probably selling and going short so he can make even more money
I doubt you can even trade on it currently
You can- It’s down 20% from today’s close
That postmarket activity
Need that after hours shit
Yup- I’m tanking!
I thought I saw someone say a bunch of brokerages were stopping trading on the meme stonks
That was fun
They stopped letting you trade them on margin, using borrowed money
The hedge funds win again- Maybe this was their design
They all have connections at the SEC- But also, this shit should be illegal
Which part?- What Reddit participated in?
ya
I’m sure it will be soon- If you kill the platform it’s going to die
- They can’t broadcast the message
Yeah, but again we are stuck living with the decision of tech giants deciding how our world works. Not good.- Like what if someone at reddit wanted to short GME
- Think of the power they have
Only hedge fund managers get to play kingmaker in our economy- This shit was too close to communism or something
Well- They’ll need a new subreddit for it!
Hate to have people recognize what collective action can accomplish
Yeah maybe...- I’m trying to remember an internet driven mob did something so dramatic
- This is similar to the capitol insurrection in a lot of interesting ways
- And also VERY different
🤔
Lol,- https://www.reddit.com/r/Wallstreetbetsnew/
Yeah I wouldn’t count on a dumb spinoff like that being successful
https://www.reddit.com/r/Wallstreetbetsnew/comments/l6i1mk/hold_the_line/
God it is really funny though