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3232Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
https://www.digit.info/goldman-and-interactive-brokers-execs-claim-wallstreetbets-trend-could-take-down-the-system/
Sun, 31 Jan 2021 20:00:32 +0000https://www.digit.info/2021/01/31/goldman-and-interactive-brokers-execs-claim-wallstreetbets-trend-could-take-down-the-system/Read more]]>The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week […]
]]>Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
https://www.digit.info/massive-gamestop-short-squeeze-highlights-the-fragility-of-todays-financial-system/
Wed, 27 Jan 2021 20:30:41 +0000https://www.digit.info/2021/01/27/massive-gamestop-short-squeeze-highlights-the-fragility-of-todays-financial-system/Read more]]>The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s stock. However, members of the Reddit forum called […]
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week […]
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s stock. However, members of the Reddit forum called […]