Update 745pm ET: And just like that, 1 hour after reddit locked down its notorious r/WallStreetBets forum, it has returned, and not only that but the chaos over recent events just assured that tomorrow it will have a record day in new members.
The forum's return came shortly after another notorious daytrader, Dave Portnoy vowed revenge for the downing of the portal, and in addition to revealing that he owns $1MM of AMC and NOK and may buy more, said that tomorrow would be the biggest day yet.
https://mobile.twitter.com/stoolpresidente/status/1354589231960743936
More importantly, however, after tumbling earlier following the news of WSB's lockdown, the most shorted stocks have again exploded higher with GME surging from a low of $220 back to $300 ... and AMC last trading at almost $15 after dropping as low as $11 earlier.
more ...
Update 745pm ET: And just like that, 1 hour after reddit locked down its notorious r/WallStreetBets forum, it has returned, and not only that but the chaos over recent events just assured that tomorrow it will have a record day in new members.
The forum's return came shortly after another notorious daytrader, Dave Portnoy vowed revenge for the downing of the portal, and in addition to revealing that he owns $1MM of AMC and NOK and may buy more, said that tomorrow would be the biggest day yet.
https://mobile.twitter.com/stoolpresidente/status/1354589231960743936
More importantly, however, after tumbling earlier following the news of WSB's lockdown, the most shorted stocks have again exploded higher with GME surging from a low of $220 back to $300 ... and AMC last trading at almost $15 after dropping as low as $11 earlier.
more ...
(post is archived)