250,000 people on WSB.
Lots of $500-$1000 share purchases.
All the people trying to call bs on this or claim its actually whales fail to mention something:
It's not the 250,000 people that matter. Thats like seeing the cowboys and not the herd.
You'd be like "why all the stampeding and dust cloud on the horizon? All I see are cowboys coming over that hill."
The 250,000 moved at once, which ended up moving the majority of robinhood users, which last I checked is 13 MILLION people.
At just that one platform.
The WSB crowd are the cowboys doing the steering. The various platforms, combine, conservatively estimated at at least 25 million day traders, are the herd.
And from there, that move spread to TD ameritrade and the rest of the fractional shares market.
And now you know why it looks like "theres no way a subreddit could move that kind of money! This smells like a trap designed by the whales on wallstreet to profit from the collapse while wallstreet blames mainstreet."
It's not. This is mainstreet learning how to play the game.
And the whales realize time is up so now the flow is gonna reverse hard, as they all see the writing on the wall and try to make a buck before the value of that buck drops to zero.
250,000 people on WSB.
Lots of $500-$1000 share purchases.
All the people trying to call bs on this or claim its actually whales fail to mention something:
It's not the 250,000 people that matter. Thats like seeing the cowboys and not the herd.
You'd be like "why all the stampeding and dust cloud on the horizon? All I see are cowboys coming over that hill."
The 250,000 moved at once, which ended up moving the majority of robinhood users, which last I checked is **13 MILLION people**.
At just that **one** platform.
The WSB crowd are the cowboys doing the steering. The various platforms, combine, conservatively estimated at at least 25 million day traders, are the herd.
And from there, that move spread to TD ameritrade and the rest of the fractional shares market.
And now you know why it looks like "theres no way a subreddit could move that kind of money! This smells like a trap designed by the whales on wallstreet to profit from the collapse while wallstreet blames mainstreet."
It's not. This is mainstreet learning how to play the game.
And the whales realize time is up so now the flow is gonna reverse hard, as they all see the writing on the wall and try to make a buck before the value of that buck drops to zero.
(post is archived)