The YouTube video was released shortly before the start of a five-hour congressional hearing on Thursday where Robinhood Markets Chief Executive Officer Vlad Tenev was repeatedly accused by lawmakers of protecting his firm at the expense of his retail investor clients. followed by the statement that “people realize now that the markets are not truly free.” A commentator in the video says Icahn saw a “technical opportunity to put what is called a short squeeze to Bill Ackman” with the implication that the rules of the game differ for the rich and the poor.Īnother clip highlights the bailouts of hedge fund Long-Term Capital Management and insurer American International Group Inc. shares at a time when Bill Ackman’s Pershing Square Capital Management was vociferously betting against the company. One portion of the video draws a parallel between the GameStop frenzy and Carl Icahn’s purchases of Herbalife Nutrition Ltd. Its message echoes a sentiment that has been pervasive in the weeks since the video-game retailer’s shares surged to an intraday high of $483: That some people were buying the shares as an act of revenge against a system that’s perceived to be rigged in favor of financial elites. The YouTube video’s description said “many fought hard to prevent us from releasing this.” So it’s not possible to verify that the forum’s moderators posted the video, which is the only one in the “wallstreetbets” YouTube channel.Īnd earlier this month there were signs of a battle for control over the forum. It’s never clear who is who in an online forum like Reddit, since people interact with each other on the site through screen names and often don’t reveal their true identities. jerome powell, stock market news, stocks, wall street bets reddit. “Every cable network wanted us to come on their shows, but instead of taking the spotlight for ourselves, we made this video to let the community speak.” Wall Street Jargon Cheat Sheet Page: 3 Hedge: Investment position intended to offset. As Bloomberg notes, Gensler has long argued that many cryptocurrencies fall under.

In the wake of the decision, mainstream media echoed the announcement, such as Bloomberg, who wrote an article headlined Wallstreetbets. However, it must be noted that in terms of trading fees, Coinbase is a. By parsing discussion on this forum, we can track which companies retail investors are mentioning the most, and the sentiment of the discussion around each ticker. SUBMIT“Every major news outlet had asked for our comments on what happened with Gamestop,” the video’s description says. Bloomberg’s Coverage Helped to Reverse the Ban Lifting. WallStreetBets is a community on Reddit where participants discuss stock and option trading.

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