![]() Most information to help you learn and practice can be found in our wiki. Related Subreddits (see the rules above for related subs as well) Read here for more info.Īlmost any post related to stocks and investment is welcome on /r/stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks outside this is offtopic and can be removed. Consider posting to r/SPACs, r/pennystocks, or r/weedstocks instead. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Non-ETF-related Crypto goes on r/CryptoCurrencies info. No bitcoin or crypto discussions unrelated to stocks. Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Posts regarding this topic will be automatically removed. The Robinhood app should be discussed in /r/Robinhood. Low effort mentions for meme stocks will be removed, see here. Instead, advertise here.Ĭontext & effort must be provided empty posts or empty posts with links will be automatically removed. ![]() Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Rules (in depth rules wiki here)ĭisclose any related open positions when discussing a particular stock or financial instrument. Still, by Wednesday and despite the slump, Wall Street Bets was filled with hopeful posts from people claiming to be loading up on more Bed Bath & Beyond Stock.Almost any post related to stocks is welcome please read the rules below:Ĭlick here to find how many days old your account needs to be and how much karma you need before you can comment or post to r/Stocks. A little digging through their profile, however, suggests their position was just north of $375 in the company’s stocks-a far cry from the tens and hundreds of thousands of dollars others are claiming to gamble with. Is there a bug in the system that I don't know about? I sold all my positions at a loss to join in on the hype, and I'm afraid I made the wrong decision,” they wrote. I bought it at 11.36/share expecting it to moon, now it's under 9. ![]() With market share losses accelerating and BBBY burning cash, fundamental risk/reward looks unattractive, in our view,” wrote analyst Justin Kleber.īaird’s downgrade has already started to burn a hole in some pockets, with a trader begging for help in a popular post early Tuesday morning-titled "Why is $BBBY going down? PLEASE HELP"-after claiming to have liquidated their positions to go all in Bed Bath & Beyond. “This frenzied move (>100% of the public float traded on Monday) has been driven by non-fundamentally focused market participants. ![]() The move saw Bed Bath & Beyond's stock slump to a low of $8.94 on Wednesday morning, from a peak of $11.71 on Tuesday morning. Another purports to have turned $45,000 to half a million dollars.Īll those gains, however, are likely to vanish as quickly as they emerged now that investment bank Baird has downgraded the retailer to "Underperform" thanks to the latest meme stock frenzy. One trader claims to have taken out a $27,000 loan to go all in on the company's stock. Over at Reddit, traders have been moving on the stock like rats fleeing a sinking ship as they try to make some money. There’s no material news behind that jump-in fact, investors are worried about the company’s financial health and questioning its ability to repay debts. After a week of traders egging each other on, the stock rallied 45 percent on Monday. This hasn’t deterred the most recent wave of frenzied trading that has ignored the slumping stock price or CEO resignation to rally retail traders to pile in.
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