$GME & WallstreetBets: How it started… how it went… how it's going… – Investment Watch
I got to say I LOVE LOVE what is going on with #wallstreetbets. All of those years of High Frequency Traders front running retail traders,now speed and density of information and retail trading is giving the little guy an edge. Even my 11 yr old traded w them and made $ Robinhood is officially a case study in the fragility of brand. It took them 7 years to build up confidence in their platform. It took them 1 day to switch from "by the people" to "against the people." $AMC was struggling due to COVID lockdowns. Hedge funds shorted the stock to force bankruptcy.
Source: investmentwatchblog.com