GameStop's stock isn't the only thing being driven to the moon.
Reddit's WallStreetBets broke all-time traffic records this week as tens of millions of visitors flocked to the subreddit. Driving the surge is girl sex videoan unlikely face-off between David-like retail investors vs. a hedge-fund Goliath — and David is very much winning.
For the unfamiliar, the r/wallstreetbets subreddit describes itself as "Like 4chan found a Bloomberg Terminal." In other words, it's a bunch of internet shitposters interested in making money on the stock market. It can often be hard to decipher what is real and what is a joke on the board, making the whole subreddit an entertaining mess.
According to a source familiar with the subreddit's traffic statistics, r/wallstreetbets received approximately 73 million pageviews in the last 24 hours alone. The last seven days approached 200 million pageviews, and Tuesday saw approximately 10.5 million unique visitors to the subreddit.
Notably, according to the source, these number surpassed the massive r/wallstreetbets traffic seen around the March 2020 stock market crash.
In December of last year, Reddit said that the site had around 52 million daily active users in October 2020.
A Reddit spokesperson declined to comment on r/wallstreetbets' traffic. "We don't have comment on traffic to the community," they wrote.
At the heart of this week's traffic surge is an effort by redditors to profit of the hedge fund Melvin Capital's short of GameStop (GME) stock. Coordinated on r/wallstreetbets and apps like Discord, redditors bought GameStop options en masse, creating a "short squeeze" which forced Melvin Capital, which bet against the stock, to buy GME to cover its position.
On Wednesday, CNBC reported that Melvin Capital had been forced into retreat — closing out of its short position on GameStop late Tuesday afternoon. While it's not exactly clear how much Melvin Capital lost, according to CNBC "Citadel and Point72 have infused close to $3 billion into Melvin Capital to shore up its finances."
Meanwhile, redditors are calling bullshit on the CNBC report and rejoicing their win.
"Melvin capital have not closed their positions," claimed one enthusiastic poster. "The squeeze has not been squoze. FUCK YOU MELVIN AND FUCK YOU CITRON. WERE COMING AFTER YOUR SHORTS[.]"
This Tweet is currently unavailable. It might be loading or has been removed.
At the time of this writing, GameStock stock is trading around $326. Last month at this time it hovered around $21, and in July it was trading at approximately $4 a share.
SEE ALSO: All the privacy apps you should have downloaded in 2020
It's unclear what will happen to GME's price going forward, but with redditors already focusing their attention on other shorted stocks like AMC — and seeing a resultant price surge — traffic to r/wallstreetbets is likely to keep climbing.
And people are loving it.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
Well, people not named Melvin Capital, that is.
UPDATE: Jan. 29, 2021, 11:33 a.m. PST: Traffic to r/wallstreetbets has continued to soar since the initial publication of this article. According to a person familiar with the subreddit's pageviews, on Jan. 27 r/wallstreetbets saw approximately 175 million pageviews, and on Jan. 28 it saw approximately 271 million.
This Tweet is currently unavailable. It might be loading or has been removed.
Topics Reddit
The Best Sports Video Game of All Time
Some Mac users are getting hit with ransomware
Why the iPhone 8 is so boring
11 times 'BoJack Horseman' gut
Best MacBook deal: Save $200 on 2024 M3 MacBook Air
Turns out Russia may not have gone after Wisconsin's voter registration system after all
'Hepeating' is the new 'mansplaining' and it's definitely happened to you
Some Mac users are getting hit with ransomware
Notre Dame vs. Georgia football livestreams: kickoff time, streaming deals, and more
Women dominate this year's National Book Foundation '5 Under 35' honoree list
Lego free Valentine's Day Heart: How to get free Lego
iOS 11's 'emergency sos' feature is hugely important for women
Megyn Kelly debuts morning show, Twitter hates it
6 incredibly fashion forward sweaters for fall 2017
Segway Xyber is a wickedly quick e
Why the iPhone 8 is so boring
'Star Trek Discovery' premiere review: Smart, serious sci
Scientists are studying click beetles to engineer self
CES 2025: Hands
Pete Souza reminds us of when our president wasn't feuding with every pro sports league
These 'double jeans' are basically an optical illusion that'll cost you $695Tesla patent could make a battery swapping machine for its fleetHarry Dean Stanton, 'Godfather II' and 'Alien' actor, dead at 91Beware of fake forecasts for Hurricane JoseEmmys predictions 2017: Who'll win Best Drama without Game of Thrones?'American Vandal' Season 2 is in the works if you're already obsessedWatch the first'Stranger Things' gave us the best moment of the Emmys and you didn't even see itApp offers to rent a person to stand in line for you, because even that's too hard nowFacebook handed over info on those Russia'The Handmaid's Tale' wins best drama at the EmmysCassini, one of humanity's best spacecraft, is dead at Saturn'American Vandal' Season 2 is in the works if you're already obsessed'The Handmaid's Tale' wins best drama at the EmmysRemarkable Tablet: The full reviewDownload this: tbh app may have cracked anonymous apps' bully problemBanksy is back with artwork that expertly skewers how institutions treat street artJon Hamm plays Boba Fett? Shut up and take our money, Star WarsFox Sports bro goes on CNN and says he believes in 'boobs''Outlander' says a heartbreaking goodbye to the Highlanders in our Cry of the Week Apple Pay now available in Russia Google replaces 'Now on Tap' feature with 'Screen Search Bride falls off 'unicorn' in less Football player dragged for 'racist' depiction of Aboriginal Australians Dramatic video shows a kitten being rescued from a 12 Say hello to Hello Kitty wine Google's Daydream View isn't the VR future we were hoping for Illustrated 'Harry Potter and the Chamber of Secrets' is dark and stunning Xiaomi strengthens offline presence in India as it eyes market share India's Ola now lets people book a cab even when there is no internet Bask in the spooky glow of this 'Stranger Things' pumpkin carving Conan O'Brien and Jimmy Kimmel made some pretty lame jokes about the Kim Kardashian robbery BuzzFeed's Quinta Brunson makes YouTube Red debut with 'Broke' Yahoo reportedly built software to search incoming emails 'A Series of Unfortunate Events' gets Netflix release date, teaser trailer Say hello to the Pixel and Pixel XL, the first of a new breed of Google phone Amazon's Alexa is the everyday hero of household life in new ad campaign Benedict Cumberbatch hints that 'Sherlock' may be coming to an end Here's why men are polishing one fingernail this October Lenovo launches Moto Z and Moto Z Play modular smartphones in India
1.5089s , 10521.15625 kb
Copyright © 2025 Powered by 【girl sex video】,Unobstructed Information Network