WSB (WallStreetBets) is a Reddit community of investors and traders who follow the stock market. The WSB list includes stocks that receive a lot of media attention and have a strong sentiment from retail investors. The popularity of these stocks among retail investors combined with social media creates viral trends with a global reach and large price movements. WSB investors are attracted to "meme stocks" and popular "blue-chip" stocks due to their familiarity, volatility and momentum. Since meme stocks often experience rapid price movements, traders can potentially make quick profits as more investors rally around a stock, creating a sense of community among meme stock traders. Many people who invest in meme stocks are active participants in online forums and social media groups where they share information and insights about trading strategies, market trends, and individual stocks.
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News Highlights
Ross Gerber Cautions 'Roaring Kitty' Over Short-Term Gamestop Position As He Has Many Enemies: 'He's Got To Sell The Options Soon'
Renowned investor Ross Gerber has cautioned Keith Gill, better known as 'Roaring Kitty', about his short-term position in GameStop Corp. (NYSE:GME).What Happened: On Tuesday, Gerber took to X, formerl
The EV-related Stock That Is up 100% This Year and Still Loved by Both Analysts and Quants
Nvidia, Microsoft, Google Help Lift US Indexes Higher | Wall Street Today
US stocks struggled to eke out a gain, managing to turn higher in the last 15 minutes of trading, as investors weigh the impact of a weakening labor market on companies' ability to sustain earnings growth.
'Buying Call Options Is Not Illegal': Professional Trader Calls Potential Roaring Kitty Ban 'Absurd'
Morgan Stanley's (NYSE:MS) E-Trade reportedly considered, or is considering, a ban on the trading account of Keith Gill, aka Roaring Kitty, according to a Monday Wall Street Journal report. E-Trade is