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I don’t invest in the stock market and my understanding of it is rudimentary at best. I’ve read a couple articles from here about what’s happening but don’t really understand.

Can y’all help me understand what’s going on in layman terms?

I don’t invest in the stock market and my understanding of it is rudimentary at best. I’ve read a couple articles from here about what’s happening but don’t really understand. Can y’all help me understand what’s going on in layman terms?

(post is archived)

[–] 1 pt

Thanks for the information, maybe because it is in bullet form; I finally understood. Do we know if the Reddit group was trying to save GameStop?

[–] 1 pt

WallStreetBets

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Just saw this one. Adding to the list.

Elon Musk drove the price even higher after tweeted a link to the Reddit board:

https://www.cnbc.com/video/2021/01/27/gamestop-jumps-elon-musk-tweet-link-reddit-board-experts.html

He did it on purpose the expose the market rigging activity. See this tweet:

https://twitter.com/elonmusk/status/1354890601649610753

[–] 0 pt

Interesting. I just posted an article of a fb group, banned as early as 7 Jan. The group was "wall street" investment group. I am glad they have made the exposure but with Yellen as Treasury Secretary, she has been paid big bucks for something and I cannot believe it is for her great amount of finance knowledge.