Discussion

• @crampell Catherine Rampell on x

  Redditer says he's down $400k in GameStop losses but he will not sell. Tells WaPo he has “been poor for too long” and works “a god awful amount of hours for a garbage company” and sees betting on popular “meme stocks” as a way to potentially strike it big https://www.washingtonpo…

• @drewharwell Drew Harwell on x

  It's all fun and lols until the meme bubble bursts. This Dutch college student knew nothing about GameStop before pouring most of his savings / college money in. “Being a part of r/wallstreetbets, it's like a religion.” Here's his bedroom Elon God thing https://www.washingtonpost…

• @swiftonsecurity @swiftonsecurity on x

  I was in early on some crypto assets in this rush and made a minor profit, which I mostly just chipped away with my other amateur trades trying to follow trends. And even that expedition was funded by other minor crypto profits I already had from years ago. My smarts was... luck.…

• @jordanfabian Jordan Fabian on x

  It's Groundhog Day, folks https://twitter.com/...

• @eliotwb Eliot Brown on x

  “'it's like a religion you're devoted to,' he said on a Tuesday phone call from his parents' home, where, in his bedroom, he has hung up a printed-out meme image featuring Jesus Christ, the Virgin Mary and Elon Musk, GameStop's logo shining from above.” https://www.washingtonpost…

• @moonbeamspecial California Man on x

  If you're asking who is holding the bag, you have your answer https://twitter.com/...

• @jamesrbuk James Ball on x

  This is why journalists and those with big platforms need to show a bit of restraint during the surge phase - buying into the “bankrupt the hedge fund” / bants / etc narratives risks urging people on. And some then lose a *lot*. https://twitter.com/...

• @drewharwell Drew Harwell on x

  I'm still hearing from r/wallstreetbets folks who lost a ton in the GameStop crash today. It's grim. One trader who posted “stay strong” earlier today just wrote me, “I actually just lost everything. ... 100k invested. ... im devastated” https://www.washingtonpost.com/ ...

• @john__rosevear John Rosevear on x

  So this is going well. $GME https://twitter.com/...

• @paulkrugman Paul Krugman on x

  So, a pump and dump with predatory characteristics https://www.cnbc.com/...

• @mattdpearce Matt Pearce on x

  I continue to not be sold on some of these everyman narratives. https://www.washingtonpost.com/ ... https://twitter.com/...

• @dukestjournal @dukestjournal on x

  Investors getting the full GameStop experience as they try to return something they thought had value and are only offered pennies on the dollar. https://twitter.com/...

• @stacezmckee Stacey Zinke-McKee on x

  @thespybrief “Financial bloodshed?” “The Reddit forum that helped kick off the frenzy has given way to anxiety, financial bloodshed and infighting” Who could've seen it coming? https://www.washingtonpost.com/ ...

• @lydiadepillis Lydia DePillis on x

  The casino industry is regulated by a host of state-level “responsible gaming” statutes to combat gambling addiction. Can anyone read all these GameStop stories and tell me the day trading platforms shouldn't have something similar? https://www.washingtonpost.com/ ... https://twi…

• @arturo_p_a Arturo Portilla on x

  Thanks for allowing us to dump on retail investors at higher prices, Robinhood. Let us know if you need more capital to survive. —Yours sincerely, the Asset Managers. “GME sank 34% in US pre-market trading, extending a 31% plunge on Monday. AMC slid 25%” https://www.bloomberg.com…

• @calebwatney Caleb Watney on x

  I would not recommend this strategy https://twitter.com/...

• @erratarob @erratarob on x

  Well, yes. If your strategy to screw Wall Street was to give all your money to Wall Street, then this happens. I suggest better strategies. https://twitter.com/...

• @jessedamiani Jesse Damiani on x

  Robinhood's C.E.O., Vlad Tenev, Is in the Hot Seat. Vlad Tenev has incited the fury of the trading app's fans amid a stock market frenzy. His lack of preparedness on nuts-and-bolts issues was part of a pattern, former employees and analysts said. https://www.nytimes.com/...

• @ekp Ellen K. Pao on x

  He just raised $3.4 B in funding in the last five days. https://twitter.com/...

• @kellen_browning Kellen Browning on x

  “There's a consistent pattern which makes one question whether he knows what is going on inside his company.” @nathanielpopper, @eringriffith and me on the tenure of Robinhood CEO Vlad Tenev, whose company is under siege. https://www.nytimes.com/...

• @karaswisher Kara Swisher on x

  Sorry not sorry is the Vlad brand: Robinhood's C.E.O. Is in the Hot Seat https://www.nytimes.com/...