Re:Shorting and Indian capital markets
by CaptArmchair on Friday January 29, 2021 @08:08AM
(#25956849)
Well, I opened up Reddit an hour ago. It's not just WSB, there's posts all over the place with tens of thousands of upvotes.
The thing that boggled my mind was plenty of people openly asking "Hey, I don't know anything about trading, but I want to join this and buy stock." and other people straight up telling them "Get the app from a broker (not RH!), open an account and buy $GME" (followed by a flurry of rocket and diamond hand emojis)
It is one thing to be told that markets can be irrational and emotional. It's a completely different thing to see it that playing out in real time on social media.
The thing that boggled my mind was plenty of people openly asking "Hey, I don't know anything about trading, but I want to join this and buy stock." and other people straight up telling them "Get the app from a broker (not RH!), open an account and buy $GME" (followed by a flurry of rocket and diamond hand emojis)
It is one thing to be told that markets can be irrational and emotional. It's a completely different thing to see it that playing out in real time on social media.