GMR Stock Tips and Chat - Golden Rim Resources Ltd Forum - Materials - Australia - LykShares.com

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ASX:GMR Australia Materials

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Lykshares 1y

#ASN How Many Shares Anson Resources Directors Hold?

How Many Shares Anson Resources Directors Hold?
Mantraray 1y

Bruce Richardson's got that golden touch, huh? His huge stake in ASN just screams confidence!


Lykshares 1y

#BRN Who is Anil Mankar? Co-Founder & Chief Development Officer of Brainchip Holdings

Who is Anil Mankar? Co-Founder & Chief Development Officer of Brainchip Holdings
Lykshares 1y

#ASN Where is Anson Resources' Demonstration Plant located and why is it significant for the lithium industry?

Where is Anson Resources' Demonstration Plant located and why is it significant for the lithium industry?
Lykshares 1y

#SYR Can Syrah Resources Rise Above Adversity and Unlock a Promising Future?

Can Syrah Resources Rise Above Adversity and Unlock a Promising Future?
Lykshares 1y

#AVZ Who are Jan de Jager and Ben Cohen, Managers at AVZ Minerals, and Who is the Leadership Team?

Who are Jan de Jager and Ben Cohen, Managers at AVZ Minerals, and Who is the Leadership Team?
Lykshares 1y

#SYR Who is Shaun Verner? CEO and Managing Director of Syrah Resources

Who is Shaun Verner? CEO and Managing Director of Syrah Resources

Lykshares 1y

What is Wall Street Bets?

Wallstreetbets is a community-driven platform on Reddit where members discuss stock and option trading. The subreddit was founded in January 2012 and has since grown to over 10 million members [1]. The subreddit is known for its irreverent and often humorous language, which is frequently ...

What is Wall Street Bets? 

Wallstreetbets is a community-driven platform on Reddit where members discuss stock and option trading. The subreddit was founded in January 2012 and has since grown to over 10 million members [1]. The subreddit is known for its irreverent and often humorous language, which is frequently peppered with profanity and memes.

In early 2021, Wallstreetbets gained widespread media attention when its members catalysed a massive short squeeze on GameStop's stock. GameStop, a struggling video game retailer, was heavily shorted by some hedge funds. Wallstreetbets members saw an opportunity to profit by buying up GameStop's stock, causing its price to rise rapidly. As the stock price rose, short-sellers were forced to cover their positions by buying more shares, further driving up the price. The result was a short squeeze that caused significant financial losses for some hedge funds and massive gains for many Wallstreetbets members who held onto their shares.

While Wallstreetbets has been criticised for promoting risky investment strategies and for being a platform for market manipulation, its members argue that they are simply taking advantage of market inefficiencies and that they are levelling the playing field between retail investors and Wall Street professionals.

Overall, Wallstreetbets is an online community of traders who share investment strategies and discuss market trends. While it has been at the centre of some controversial events, its members are dedicated to learning about investing and profiting from their trades.
Kjh 1y

Wallstreetbets is like the wild west of stock trading