r/WallStreetBets was made private by moderators for about an hour, but is back online; Discord banned r/WallStreetBets' server, claiming hate speech violations
It went dark for nearly an hour — The r/WallStreetBets subreddit's own moderators made it private for a little less than an hour …
The Verge Jay Peters
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Discussion
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@slasher
Rod Breslau
on x
wallstreetbets subreddit just went private https://twitter.com/...
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@tomwarren
Tom Warren
on x
I've never seen such an active Discord server as r/WallStreetBets. Discord struggles on a desktop PC (i9-10900K) and my iPhone just burns through battery and gets super hot. There are still dozens of people joining every second. I bet the Discord dev team is learning a lot here h…
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@slasher
Rod Breslau
on x
just in: Discord has shut down the /r/WallStreetBets server for “hate speech, glorifying violence, and spreading misinformation”, a spokesperson for Discord tells me. “To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks”
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@shawngorlando
@shawngorlando
on x
When you play the system against itself and it fights back https://twitter.com/...
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@slasher
Rod Breslau
on x
we back. wsb mods have released a statement, setup a twitter @wsbmod, and taken a shot at Discord “Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things” https://www.reddit.com/... ht…
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@my2k
Jessica A. M.
on x
I love how this is all illegal the moment the little guys benefit from it LOL https://twitter.com/...
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@thestalwart
Joe Weisenthal
on x
WSB splinter forums emerging... https://twitter.com/...
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@mcclure111
Mcc
on x
Like, there's a legitimate free speech concern here in a way there is not with a group of people planning and then acting acts of coordinated violence. Except THAT group took like 3 years and 5 actual deaths to get shut down, whereas WSB went down in like 48 hours.
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@ericlevitz
Eric Levitz
on x
Damn. If this can happen to GameStop, no company's safe https://twitter.com/...
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@xychelsea
Chelsea E. Manning
on x
@Slasher I'm a sub and can't see
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@lanceulanoff
Lance Ulanoff
on x
Has one subreddit ever drawn so much attention, or wielded such power? https://www.theverge.com/...
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@coopercooperco
@coopercooperco
on x
These stocks getting tied to a subreddit being private or not is insane. Love our economic system so much https://twitter.com/...
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@grummz
@grummz
on x
They were given repeated warnings for TOS violations. Okay. But why now, this day specifically? https://twitter.com/...
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@kamilumin
Himboist
on x
We have a well functioning economy tied to a well functioning stock market https://twitter.com/...
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@zerohedge
@zerohedge
on x
800,000 new r/wallstreetbets users added today (per BBG). That's over $1.1BN in stimmy checks Hold on to your hats, this is just getting started https://twitter.com/...
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@macaesbruno
Bruno Maes
on x
However, it's not just people who weren't subscribed to the subreddit who are no longer able to access it — many users who say they were subscribed are reporting that they can't view it anymore. https://www.theverge.com/...
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@kellymakena
Makena Kelly
on x
nothing reddit gold can stay https://twitter.com/...
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@elonmusk
Elon Musk
on x
Gamestonk!! https://www.reddit.com/...
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@josephpalbanese
Jpa
on x
the wallstreetbets discord needs to be heard to be believed. it's the modern day version of being on floor of NYSE. https://twitter.com/...
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@passionweiss
Otto Von Biz Markie
on x
Maybe the hedge fund can learn to code
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@jyarow
Jay Yarow
on x
WSB has a message for the regulators. https://twitter.com/...
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@miakhalifa
Mia K.
on x
BUY NOKIA !!!!!!!
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@jsccounterpunch
Jeffrey St. Clair
on x
If Judith Miller reported on Wall Street ... https://twitter.com/...
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@bloombergtv
Bloomberg TV
on x
Gamestop shares rocketed more than 800% in the last two weeks — but is anything illegal actually happening? Former SEC Prosecutor David Chase talks to @emilychangtv about the retail investor craze https://www.bloomberg.com/... https://twitter.com/...
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@sarahljaffe
Sarah Jaffe
on x
everyone should be invested in the stock market, they said. treat everything like a market, they said. oh wait not like that now you're rank amateurs lol god this is too funny https://twitter.com/...
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@clairlemon
Claire Lehmann
on x
Unlike professional investors who are propelled by a mix of altruism and selflessness https://twitter.com/...
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@lionelbarber
Lionel Barber
on x
The populist uprising in the stock market, with forgotten retail investors attacking short sellers and hedge funds, is an extraordinary story mirroring our politics and highlighting the power of networks #Reddit https://www.ft.com/... via @financialtimes
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Vox
Emily Stewart
on x
How a bunch of Redditors made GameStop's stock soar, much to the chagrin of the hedge funds attempting to short it.
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@profgalloway
Scott Galloway
on x
What happened here (i.e., GMS)? —It's about sex... —Specifically, young men not having (enough) sex —Sex leads to relationships, obligations and guardrails (don't get in fights, we need you. Don't gamble your paycheck, we need to save for a house)
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@jeneps
Jennifer Epstein
on x
Biden team is “monitoring the situation” around GameStop.
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@jbillinson
Josh Billinson
on x
Looks like Robinhood just stopped supporting GameStop, AMC, Blackberry, and Nokia. Users can close out positions but can't buy more https://twitter.com/...
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@nope_its_lily
Lily
on x
Robinhood is killing GME and AMC. https://twitter.com/...
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@alibreland
Ali Breland
on x
i can report from the telegram channels that the nazis appear to be trading gamestop and amc as well
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@khoustephanie
Stephanie Whitfield
on x
An investor shared these screen grabs this morning showing Robinhood is limiting purchases of Reddit stocks: AMC, Blackberry, Nokia and GameStop #khou11 https://twitter.com/...
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@cirnoplusplus
Cirno
on x
>This man on Fox News just said that they should “ban social media from talking about short stocks” https://twitter.com/...
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@hshaban
Hamza Shaban
on x
Part of the GameStop absurdity and chaotic revelry is seeing news outlets publish Reddit usernames with a straight face https://twitter.com/...
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@ericbalchunas
Eric Balchunas
on x
THEY DID IT: $GME was the most traded equity on the planet today w/ $20b in volume, more than $SPY, $AAPL and even the Mighty $TSLA. Surreal. https://twitter.com/...
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@thestalwart
Joe Weisenthal
on x
https://twitter.com/...
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@senwarren
Elizabeth Warren
on x
For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price.
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@alexstamos
Alex Stamos
on x
The WallStreetBets manipulation of $GME is now the best template for how one could monetize an influence operation.
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@slasher
Rod Breslau
on x
lmao GameStop hits 230 after hours and is now worth more than $10 billion. WSB, reddit, and gamers, the internet is undefeated https://twitter.com/...
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@haymarketbooks
@haymarketbooks
on x
https://twitter.com/...
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@thestalwart
Joe Weisenthal
on x
$AMC up over 240% now! https://www.bloomberg.com/... https://twitter.com/...
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@tomgara
Tom Gara
on x
Blockbuster Video is a membership-based video entertainment service that preparing the launch of a cutting edge streaming service that will have *huge* potential both in the US and China https://twitter.com/...
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@mattzeitlin
Matthew Zeitlin
on x
It's too perfect that the Reddit boom is in movies, video games, and soda https://twitter.com/...
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@broderick
Ryan Broderick
on x
I think this is halfway to really understanding what the GameStop pump is doing. If our economy is hooked up to an internet dominated by corporate-owned social platforms that incentivize virality, then, at certain point, commerce and virality just become the same thing. https://t…
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@charliebilello
Charlie Bilello
on x
The 10 most heavily shorted stocks in the Russell 3000 entering the year are now up an average of 223% YTD. $GME Data via @ycharts https://twitter.com/...
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@asymco
Horace Dediu
on x
Apparently the Dow is down because “Some investors may have had to liquidate long positions to cover their unraveling short bets on GameStop stock and others. All three major U.S. indexes in the red”
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@zeithistoriker
Quinn Slobodian
on x
The Reddit GameStop thing is worth it alone to make people say hilarious things like this https://twitter.com/...
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@b_fung
Brian Fung
on x
Former SEC chair calls for an agency investigation into online stock trading platforms and likens them to the way social media takes advantage of users' behavioral psychology: https://www.bloomberg.com/... https://twitter.com/...
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@mmasnick
Mike Masnick
on x
New Mets owner Steve Cohen had to bail out Melvin Capital because a bunch of stock trading kids on Reddit massively pumped up GameStop, putting Melvin's $13 billion at risk of disappearing. If that leads to the Mets cutting payroll, it would be the most Mets story ever.
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@brandyljensen
Brandy Jensen
on x
oh no the wrong people are manipulating the stock market
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@edmundlee
Edmund Lee
on x
When Reddit daytraders are beating hedge funds you know the bubble is coming for you $gme https://www.wsj.com/...
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@barry
Barry Petchesky
on x
This is, without context, maybe the funniest sentence imaginable, and with context it's not much less funny https://twitter.com/...
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@mannyfidel
Manny
on x
this is what happens when you randomize a GTA character https://twitter.com/...
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@iowahawkblog
David Burge
on x
America's most tragic mental illness problem: gleeful subreddit shitposters making millions from the stupid decisions of my now-bankrupt hedge fund friends https://twitter.com/...
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@grady_booch
Grady Booch
on x
The former SEC chairman: “The SEC can take steps right now to curb the day-trading frenzy and help safeguard the investing public.” Let me edit that: “We can take steps right now to safeguard things we've been doing behind closed doors for decades.” https://www.bloomberg.com/...
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@syndicate
Tom
on x
Honestly i'm so happy to say I've followed this for a few days now.. literally history in the making! 🚀🚀🚀 Regardless of the outcome, what a crazy rollercoaster it's been to watch 😅 https://twitter.com/...
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@senwarren
Elizabeth Warren
on x
It's long past time for the SEC and other financial regulators to wake up and do their jobs - and with a new administration and Democrats running Congress, I intend to make sure they do.
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@senwarren
Elizabeth Warren
on x
With stocks soaring while millions are out of work and struggling to pay bills, it's not news that the stock market doesn't reflect our actual economy. https://www.vox.com/...
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@bdsams
Brad Sams
on x
I like that the narrative is retail traders banding together is the problem and not a hedge fund shorting 140% of the available stock to destroy a company.
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@cnbc
@cnbc
on x
Melvin Capital closed out its short position in GameStop on Tuesday afternoon after taking a huge loss, the hedge fund's manager told @andrewrsorkin. https://www.cnbc.com/...
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@bopinion
@bopinion
on x
The people investing in the likes of GameStop today are driven by righteous anger about: ➡️ Generational injustice ➡️ The perceived corruption and unfairness of the way banks were bailed out in 2008 ➡️ Lacerating poverty and inequality https://www.bloomberg.com/...
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@countdankulatv
@countdankulatv
on x
If the last 4 years has taught us anything, it's that this phrase means the White House intends to do absolutely nothing. https://twitter.com/...
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@markets
@markets
on x
Trading was halted on Tootsie Roll stock after soaring 53% into record territory as retail traders pour into heavily-shorted stocks https://www.bloomberg.com/...
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@balajis
@balajis
on x
Crypto and WallStreetBets have the same spirit: a vision of truly free markets where *everyone* plays by the same rules. We're all seeing the thumb on the scales for stock prices today. And we'll see it for dollar prices tomorrow. https://twitter.com/...
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@deepakshenoy
Deepak Shenoy
on x
Gamestop is now at $33 billion market cap. They should quickly do a $1bn sale of equity at this price - and pay off debt.
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@carnage4life
Dare Obasanjo
on x
In a few days or weeks we're going to be reading stories of people inspired to put all they had in $GME, $AMC & $BBBY only to lose a bunch of money. This is inevitable and will hurt. A lot. https://twitter.com/...
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@pattymo
Patrick Monahan
on x
Ten year-old me calling Electronics Boutique every day for a week asking if Link's Awakening had come in yet https://twitter.com/...
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@emilygorcenski
@emilygorcenski
on x
There are like four different entirely relevant historical threads happening at the same time and every single one of them is mindbendingly stupid in the most hilarious way possible https://twitter.com/...
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@jbarro
Josh Barro
on x
I guess Robinhood's thinking is shutting off access to the bubble won't cost them as many customers as letting even more customers go broke in the bubble?
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@dcseifert
Dan Seifert
on x
the Robinhood app sure didn't give a shit about volatile stocks when it was the little guys losing all the money
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@matthew_d_green
Matthew Green
on x
This isn't Robinhood making the markets safer. This is just Wall Street picking winners. Nothing good is going to come of this.
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@justinkan
Justin Kan
on x
Robinhood not allowing trading of $GME and $AMC. The elites have the financial system rigged. Why would any user trust Robinhood ever again?
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@fintechfrank
Frank Chaparro
on x
Robinhood won't let users buy $GME $AMC or $NOK, but they'll let them buy Dogecoin. Let that sink in for a second.
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@teroterotero
Tero Kuittinen
on x
Nokia down nearly -23%... you can see the impact of Robinhood ban on buying the stock after 8 AM. https://twitter.com/...
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@cnbcnow
@cnbcnow
on x
BREAKING: SEC releases statement on “ongoing market volatility,” saying it is working with “our fellow regulators to assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants” https://www.cnbc.com/... https://twi…
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@jmountfordfp
Jason Mountford
on x
So GME seems to have literally broken retail investors access to the market right now. Trading212 down. ETrade down. Robinhood in the US down. Ameritrade down. If you aren't following this story you need to start, it is crazy.
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@slasher
Rod Breslau
on x
trading has been halted, Robinhood is down, and wall street is in full blown panic mode all from a subreddit, shitposters, gamers, and degenerates from all corners of the internet. it's beautiful
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@cesveez
Ces Veez
on x
robin hood servers really down right now
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@alexwhitcomb
Alex Whitcomb
on x
I have to say—watching people rise up and take money from the rich to redistribute to others using an app called Robinhood is pretty damn poetic.
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@sciguyspace
Eric Berger
on x
Love the commitment to finding innovative ways to pay down the national debt. https://twitter.com/...
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@cnbc
@cnbc
on x
“What's happening with GameStop is a pushback against the establishment in a really important way,” @chamath says. Anyone who is dismissive should read the forums, he adds. https://www.cnbc.com/... https://twitter.com/...