WSB

Jan 22, 2021 24 Comments

I learned about wallstreetbets-Reddit from this community. What is the best way to use it for learning about winning stocks ? There is lot of noise there, multiple threads etc..

Whoever uses it - Do you follow the daily thread and see what is trending? Any particular stock gurus you follow there ? #personalfinance #investments

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TOP 24 Comments
  • GME, PLTR , BBBY, AMC had major short squeeze today.
    Jan 22, 2021 7
  • Buy gme
    Jan 22, 2021 4
    • Google
      eXiN20

      Go to company page Google

      eXiN20
      What changed in the gme business that warrants the stock price increase? If nothing, I wouldn’t touch the stock.
      Jan 22, 2021
    • 300% increase in e-commerce
      Revenue share for ingame purchases for consoles sold
      Founder of chewy on the board

      All on top of a solid customer list, and a fresh console cycle.
      Jan 22, 2021
  • Uber
    xmHm08

    Go to company page Uber

    xmHm08
    You can sort by Top and throw money into whatever has the most upvotes. Make sure to do this both at market open and close.

    During your cocaine breaks, you can sort by Rising and buy weekly OTM calls for the first ticker symbol you see.

    If you sort by New or follow the daily thread, ask your wife's boyfriend opinion.

    Or you could use the DD and Discussion filters to complement your own research.
    Jan 22, 2021 3
    • Uber
      xmHm08

      Go to company page Uber

      xmHm08
      Your husband's boyfriend then!

      If the taking notes part is serious, obviously only the last one applies. Posted this on another thread, so just copy-pasting here:

      ---
      Generally, by the time it gets to or is trending in WSB it is already too late.

      You use WSB to gauge sentiment, complement your own research and once a trade is in motion to gather additional information you may have overlooked.

      There are great DDs in there, but you need to understand what to look for to identify the good ones. This depends on the type of investor you are, for which there are many profiles.

      In summary, you must already know how to trade to benefit from it by using it as one more point of information.
      ---

      Look for guides to learn the basics and use highly upvoted DDs as learning material.

      Use the search bar here in Blind to find non-paid Discord communities, where collaboration leads to finding good investment opportunities. Many of WSB trades originate from these groups and then make it onto the subreddit.

      There are also good YouTubers that both teach and provide good advise, for free, but won't shill any, so you will have to do your own research on that.

      If you have to pay for it, that is the wrong way.
      Jan 22, 2021
    • Appreciate the response, thanks much
      Jan 23, 2021
  • Amazon / Eng
    tsla=lemon

    Go to company page Amazon Eng

    tsla=lemon
    Buy BB GME and thank me later
    Jan 22, 2021 1
  • $PLTR πŸš€πŸš€πŸš€πŸš€
    Jan 22, 2021 0