News for hackers. Stuff that matters.

A comment on Reddit’s profane, greedy traders are shaking up the stock market. Parent comment

Re:Reddit’s profane, greedy traders are shaking up the stock... by mrandish on Wednesday February 26, 2020 @05:00PM (#22427839)
> there's no where near enough volume there to move anything

I was imagining that some big money quant fund had written bots and scrapers to use r/wsb as an algorithmic amplifier since over time they can make money on tiny shifts. Or maybe that would just make a good movie plot.

[ Parent | on HN ]
Re:Reddit’s profane, greedy traders are shaking up the stock... by chrischattin on Wednesday February 26, 2020 @07:05PM (#22428930)
You're definitely not the first to think of this. I know of a couple of people have done sentiment analysis on r/wsb over the years. I've thought about doing it myself. But, doubt it'd be worth much other than a fun exercise.
[ Parent | on HN ]
Re:Reddit’s profane, greedy traders are shaking up the stock... by manicdee on Wednesday February 26, 2020 @07:49PM (#22429246)
Sweet summer child.

It is precisely because so few feel it is worth the effort, that the effort is worthwhile.

[ Parent | on HN ]