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• Wallstreetbets Twitter

The latest tweets from @wallstreetbets. 'WSB Chairman' claims to be the 'Chairman of WallStreetBets' and has over 485,100 followers on Twitter (it was 341,700 several hours ago). After DOGE skyrocketed, the author of the post followed with a question: 'Has Doge ever been to a dollar?' During the TikTok pump last summer, the goal was also to push up the price of DOGE to USD 1. Hey everyone, I am the guy who built senatestockwatcher.com - which has been really helpful for a few people and just general public knowledge overall. Well, I finally built a tool to do the same tracking and analysis for the US House of Representatives. Housestockwatcher.com The reason this took so long is that the House exclusively files their disclosures in PDF that vary wildly in quality.

Wallstreetbets Twitter Silver

WallStreetBets, the Reddit message board responsible for fueling a massive short squeeze in the video game retailer GameStop Corp. (NYSE: GME) and other highly shorted stocks, is getting ample support on social media after it briefly went invite-only Wednesday. The discussion board was also removed from Discord’s servers the same day.

In a statement obtained by the Verge, a Discord spokesperson said it “did not ban this server due to financial fraud related to GameStop (up more than 8,300% year-over-year) or other stocks.” The group was instead banned because it kept allowing “hate speech, glorifying violence, and spreading misinformation” after “multiple warnings” to the server over the past few months, the spokesperson said.

Although r/WallStreetBets, which has more than 3.5 million members on Reddit, was taken off of Discord’s service, the subreddit now links to what appears to be a new official server.

The unfair actions seem to have helped fuel a chain reaction from a number of celebrities, politicians, investors, and execs who rallied to r/WallStreetBets’ defense. Here is what they are saying:

In a video posted on Twitter Wednesday, Barstool’s Dave Portnoy predicted that Thursday “will be intergalactic” for AMC Entertainment Holdings Inc (AMC), GameStop, and Nokia (NOK).

Emergency Press Conference – The Suits Shut Down @wallstreetbets@WSBChairman My prediction is tomorrow will be intergalactic for $amc$gme$nok

(Im not a financial adviser. Don’t listen to me) pic.twitter.com/oYrsPOz8Vx

— Dave Portnoy (@stoolpresidente) January 28, 2021

Reddit Wall Street Bets

Billionaire entrepreneur Mark Cuban said he believes the Reddit message board — which is fair to say has briefly freaked out many on Wall Street — benefits “the little guy” competing against big financial firms. The investor noted that even his 11-year old made money trading with r/WallStreetBets.

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 $

Wsb

Wallstreetbets Twitter Accounts

Wallstreetbets Twitter Hashtag

— Mark Cuban (@mcuban) January 28, 2021

Elon Musk also expressed disappointment with Discord’s decision.

“Even Discord has gone corpo..,” the Tesla CEO tweeted.

Earlier, Musk had tweeted in support of the community pushing GameStop’s shares (up $121 points, or 34.91%, at $468.84 pre-market) higher.

Gamestonk!! https://t.co/RZtkDzAewJ

— Elon Musk (@elonmusk) January 26, 2021

The Reddit board also received the support of Rep. Alexandria Ocasio-Cortez (D-NY 14th District).

Wallstreetbets Twitter

Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino

— Alexandria Ocasio-Cortez (@AOC) January 27, 2021

In an interview with CNBC’s “Fast Money”, billionaire tech investor and SPAC King Chamath Palihapitiya strongly defended retail traders’ right to sway stocks like pros.

“Instead of having ‘idea dinners’ or quiet whispered conversations amongst hedge funds in the Hamptons these kids have the courage to do it transparently in a forum,” said Palihapitiya.

“What it proves is this retail [investor] phenomenon is here to stay. There are 2.7 million people inside wallstreetbets. I think they are as important as any hedge or collection of hedge funds.”

Palihapitiya also said that despite Wall Street’s endless supply of resources, data, and technology the best research on stocks done by retail investors inside wallstreetbets is nearly indistinguishable from the best firms on Wall Street.

“That edge is gone. Now all of a sudden, retail can be on the same footing and they don’t have to be the ‘bag holder’ to Wall Street.”