Period 2: The GameStop Revolution by Nell-Ayn Lynch https://padlet.com/nlynch47/htb9esrpmdmev3mj Use evidence from the podcast to give ONE example of each concept en-us 2021-02-10 19:10:59 UTC 2021-02-11 16:48:52 UTC hello@padlet.com Brian F https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193189233 Big firms are losing billions of dollars.

]]> 2021-02-11 16:34:37 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193189233 Camryn z https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190213 Making gains from trade ]]> 2021-02-11 16:34:47 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190213 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190227 Buy in low and sell high]]> 2021-02-11 16:34:47 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190227 Oliver https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190393 the more people that buy the stock, the higher the price goes, which causes people who shorted the stock to lose more money]]> 2021-02-11 16:34:49 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190393 Max Szostak https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190489 There are very few stocks that boom like GameStop's did, and that caused this whole situation to gain a lot of traction and lead to so many people investing]]> 2021-02-11 16:34:49 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193190489 Ethan Taubman https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193191528 Large hedge funds and Robinhood are losing lots of money. ]]> 2021-02-11 16:35:00 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193191528 Camryn Z https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193191791 Relying on others to also buy and hold onto their shares ]]> 2021-02-11 16:35:03 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193191791 Brian F https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193192196 People want to invest in game stop in order to hurt hedge funds.]]> 2021-02-11 16:35:07 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193192196 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193192758 Robinhood ran out of money so they couldn't have the trades go through]]> 2021-02-11 16:35:12 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193192758 Andrew https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193193092 People investing in game stop were motivated to make the firms lose money]]> 2021-02-11 16:35:16 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193193092 Jack B. https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193193719 Rely on others to buy into the stock.]]> 2021-02-11 16:35:21 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193193719 Thomas ts10014081 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193194038 Investors were motivated to bet against hedge funds and make them lose billions (prove them wrong)]]> 2021-02-11 16:35:24 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193194038 Max Szostak https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195147 People wanted to make money by investing in the company as the stock continued to boom. Some people also wanted to see big Wall Street people take a hit]]> 2021-02-11 16:35:35 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195147 Johnny https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195212 Small traders wanting to invest into a company they thought should be worth more]]> 2021-02-11 16:35:36 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195212 Camryn Z https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195611 Robinhood ran out of money to put upfront due to the massive influx in people buying ]]> 2021-02-11 16:35:39 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195611 Dean https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195642 People wanted to take away money from these large hedge funds that have billions of dollars and pretty much "spread the wealth"]]> 2021-02-11 16:35:39 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195642 Theo V https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195993 Relying on other Reddit users to purchase the stock aswell]]> 2021-02-11 16:35:43 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193195993 Murilo Moreno mm1008756 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193196220 Everyone that purchased gamestop when it was low ended up making money because of much it grew]]> 2021-02-11 16:35:45 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193196220 Brian F https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193196568 Firms are relying on one another to help bail each other out.]]> 2021-02-11 16:35:48 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193196568 Alex W https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193197565 There's a scarcity in shares you can buy. At a certain point, Robinhood stopped providing the ability to buy GameStop shares.]]> 2021-02-11 16:35:58 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193197565 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198305 It shows that if enough people come together they can make a ton of money by targeting a certain stock, and they can have the hedge funds lose a ton]]> 2021-02-11 16:36:04 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198305 Owen https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198386 People invested in game stock hoping to make money.

]]> 2021-02-11 16:36:05 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198386 Ceara Ancona ca1007168 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198730 People wanted to prove they could control the stock market just like the hedge funds were. ]]> 2021-02-11 16:36:09 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193198730 Matthew Tierney https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199008 the amount of information on apps like robin hood and reddit]]> 2021-02-11 16:36:11 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199008 Ethan Taubman https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199544 People wanted to invest in Gamestop to show hedge funds they are wrong]]> 2021-02-11 16:36:17 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199544 Andrew https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199752 Robinhood had a limited amount of money and had to restrict the purchase of gamestop stock

]]> 2021-02-11 16:36:19 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199752 Camryn Z https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199987 The earlier buyers of Gamestop made large profit ]]> 2021-02-11 16:36:22 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193199987 Theo V https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200280 The satisfaction of hedge funds and large companies losing lots of money]]> 2021-02-11 16:36:25 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200280 Oliver https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200720 since it kept rising, people kept buying in hoping to make money]]> 2021-02-11 16:36:29 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200720 Owen https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200890 Made money by selling game stock at a high price]]> 2021-02-11 16:36:31 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193200890 Murilo Moreno mm1008756 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201134 It shows that if a big enough community of people come together they have the power to beat the big dogs]]> 2021-02-11 16:36:34 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201134 Johnny https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201667 Robin Hood running out of money since so many people kept buying Game Stop]]> 2021-02-11 16:36:38 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201667 Brian F https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201765 People put small amounts of money into Robinhood, and in return they can potentially make money.]]> 2021-02-11 16:36:40 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193201765 Max Szostak https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202206 The amount of money that investors gained was dependent on how many people hopped on the bandwagon and invested as well. ]]> 2021-02-11 16:36:44 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202206 Ceara Ancona ca1007168 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202735 People were relying on Robinhood to be able to invest.]]> 2021-02-11 16:36:49 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202735 Owen https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202821 If people come together they can take down the wealthiest people. ]]> 2021-02-11 16:36:50 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193202821 Camryn Z https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193203970 Shows how the people can have the power over who decides worth and value, since they are the consumer 

]]> 2021-02-11 16:37:01 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193203970 Matthew Tierney https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204406 "low tier" investors wanted to prove hedge fund investors wrong]]> 2021-02-11 16:37:05 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204406 Ethan Taubman https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204487 Rely on others to invest in gamestop and not to pull out from gamestop ]]> 2021-02-11 16:37:06 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204487 Brian F https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204796 Some people see this as a revolution in the finance industry because this stock market event has proven that individual investors have a lot of power. This was the first time where we saw individual investors having such a large influence on the market and hurting big hedge funds. This is definitely the start of a new changing time, where individuals on the internet can overrun big firms. Some people say that this is a first step at protesting that the stock market system isn’t fair. ]]> 2021-02-11 16:37:09 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204796 Thomas ts10014081 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204877 “Reddit betters” depend on the hedge funds shorting the stocks and other consumers buying the stock to create an increase in cost per ]]> 2021-02-11 16:37:10 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193204877 Theo V https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205466 Shows how the average stock trader has power and not just the large corporations ]]> 2021-02-11 16:37:16 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205466 Ceara Ancona ca1007168 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205660 Robinhood was running out of money so they had to stop the trading and buying of GME stock. ]]> 2021-02-11 16:37:18 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205660 Oliver https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205834 Day traders who normally have very little power caused wall street firms to lose billions for shorting a company they like]]> 2021-02-11 16:37:19 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193205834 Max Szostak https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206086 Those who invested early, gained a lot of money from buying shares while the boom was just beginning]]> 2021-02-11 16:37:22 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206086 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206186 shows that even the big hedge funds can be proven wrong.]]> 2021-02-11 16:37:23 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206186 Owen https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206751 Few stocks to have what happened to gamestock happen to it]]> 2021-02-11 16:37:27 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193206751 John Vincini jv1000918 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207130 Firms and Robinhood running out of there money.]]> 2021-02-11 16:37:31 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207130 Johnny https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207502 Small traders coming together and buying Game Stop no matter how high it is and drive up the stock]]> 2021-02-11 16:37:34 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207502 Alex https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207553 Those who bought shares early on gained a lot money and were able to make a huge profit (if they chose to sell).]]> 2021-02-11 16:37:35 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207553 Ethan Taubman https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207927 People who invested when the stock was low and selling it when it was high got money from that ]]> 2021-02-11 16:37:38 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193207927 Matthew Tierney https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208101 All the investors depended on each other for information and used discord as well for communication ]]> 2021-02-11 16:37:39 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208101 Henrik H https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208325 Robinhood was running out of money
The firms were running out of money and some almost went bankrupt
]]> 2021-02-11 16:37:41 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208325 Andrew https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208805 Some people had gained money from selling the stock at a higher price then they purchased it.

]]> 2021-02-11 16:37:45 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193208805 Thomas ts10014081 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193209434 Increased volume by consumers buying the stock resulted in prices going up and people making a profit]]> 2021-02-11 16:37:51 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193209434 Max Szostak https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193209868 It's a revolution because it emphasized the power of the people in our market. It was a reassurance that the market isn't necessarily run by the big corporations and hedge funds, the people control what goes up and what goes down by where they put their money]]> 2021-02-11 16:37:55 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193209868 Ceara Ancona ca1007168 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210131 Some people were able to make a lot of money by investing in Gamestop.]]> 2021-02-11 16:37:58 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210131 Murilo Moreno mm1008756 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210357 People that had never messed around with stocks before started to do so just because of gamestop]]> 2021-02-11 16:38:00 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210357 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210690 Make a lot of money]]> 2021-02-11 16:38:03 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210690 Henrik H https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210708 The Reddit users wanted to take down and change the mind of others to show that the people are in control and not just the big firms that normally run everything stock related
The reddit users also made a lot of money


]]> 2021-02-11 16:38:03 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193210708 Brewster Galley https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212060 Everyone started buying the stock so there was much less. This, in turn, made the price go way up.]]> 2021-02-11 16:38:15 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212060 Matthew Jordan https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212126 Hedge Funds losing a lot of money]]> 2021-02-11 16:38:16 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212126 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212583 2021-02-11 16:38:19 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212583 Ceara Ancona ca1007168 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212930 It shows that not just people with a lot of money can control the market and that working together people can have more power. ]]> 2021-02-11 16:38:23 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193212930 John Vincini jv1000918 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213133 To make more money by joining everyone in investing in GameStop ]]> 2021-02-11 16:38:25 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213133 Ethan Taubman https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213305 This shows that regular people can make a bigger difference than large hedge funds. ]]> 2021-02-11 16:38:27 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213305 Brewster Gallery https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213460 Stock trading
Internet
Community
Viral moment


]]> 2021-02-11 16:38:28 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213460 Jack Oakley jo1001554 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213500 The people from the reddit have to depend on each other to buy the stock to get the growth started.]]> 2021-02-11 16:38:28 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213500 Henrik H https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213885 Many other people jumped on to make money 
The users were using Robinhood for trading
]]> 2021-02-11 16:38:32 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193213885 Andrew https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193214157 Rely on robinhood in order to purchase and sell the stock.]]> 2021-02-11 16:38:35 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193214157 Oliver https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193214870 As the demand for the stock went up, the price went way up]]> 2021-02-11 16:38:41 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193214870 Brewster Galley https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193215417 The hedge fund buyers relied on the gamestop stock to give back to the stock brokers. ]]> 2021-02-11 16:38:46 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193215417 Matthew Tierney https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193215748 All the investors that made money by taking the time to invest and profited off GameStop and other stocks that rose. ]]> 2021-02-11 16:38:49 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193215748 Johnny https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216171 Buying Game Stop stock low and selling very high when it tripled its original price]]> 2021-02-11 16:38:53 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216171 Murilo Moreno mm1008756 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216434 Robinhood shut down the ability to purchase gamestop stocks because they were losing too much money]]> 2021-02-11 16:38:55 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216434 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216500 2021-02-11 16:38:56 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193216500 Brewster Galley https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193217948 It gave more power to the people rather than the large hedge fund people. It also showed that they are not all powerful and normal people can make just as big of an impact.]]> 2021-02-11 16:39:09 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193217948 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193218336 2021-02-11 16:39:12 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193218336 Matthew Jordan https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193218746 Hedge Fund people rely on stocks in the hands of day traders on robin hood]]> 2021-02-11 16:39:16 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193218746 Brewster Galley https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193219982 People viewed this as a revolution in the finance industry due to the little guys affecting the big guys so much. What I mean by this is with the little guys buying all of the stock the price went up therefore the hedge fund guys can’t pay back the stock brokers. 

This totally messed up the “higher ups” of the investing world (those who shorts the stock).


]]> 2021-02-11 16:39:27 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193219982 Henrik H https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193220163 Reddit users made a lot of money from this
GameStop made a lot of money from this, helping them not go out of business
]]> 2021-02-11 16:39:29 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193220163 Matthew Jordan https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221077 Day traders on robinhood have the incentive to hold onto there stocks so the value keeps rising since hedge fund traders need them back]]> 2021-02-11 16:39:38 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221077 Johnny https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221344 It gives average people with average money more power than billionaires as long as they stick together]]> 2021-02-11 16:39:40 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221344 Oliver https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221861 people wanted to short squeeze the people who were shorting gamestop]]> 2021-02-11 16:39:44 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193221861 Thomas ts10014081 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193222322 Some people saw this as a type of a revolution in the finance history because day traders saw how these big hedge funds were betting heavily against (shorting) GME and these mostly “reddit influenced” traders wanted to prove the hedge funds wrong. The revolution was practically the big and wealthy Wall Street hedge funds versus any regular day traders or practically “short term betters.” With strength in numbers from the small “investors”, these people were able to manipulate the market and heavily increase the cost per share of GME.]]> 2021-02-11 16:39:48 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193222322 Henrik H https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193223044 The ‘revolution’ that people are talking about has to do with the power of the hedge funds firms and people. For a long time, stocks were determined by the big firms and what they thought a stock or bond was worth. The firms would put billions of dollars betting companies doing well or not. This creates an issue where the people don’t think they have much control on the stocks because their few dollars don't compare to the billions that the firms have. This stunt from Reddit shows that when people stand together they will be able to make a huge difference. ]]> 2021-02-11 16:39:56 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193223044 Matthew Tierney https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193224484 It showed that the "little kid" can finally beat the "man." What I mean by this is that the "low-tier" investors were able to beat the hedge fund investors once and for all]]> 2021-02-11 16:40:09 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193224484 Andrew https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193224819 This was a "revolution" because it was the people standing up to the hedge funds that controlled the stock market.]]> 2021-02-11 16:40:12 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193224819 Matthew Jordan https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193225509 Hedge Fund traders sold stock and day traders on robinhood gained money from the stock]]> 2021-02-11 16:40:19 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193225509 Dean https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193225514 It shows that people have the power to take away from theses massive hedge funds and wall street companies ]]> 2021-02-11 16:40:19 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193225514 Matthew Jordan https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193226388 Some see this as a revolution because it is some people’s way of saying that fancy wall street businessmen don’t control the economy and normal people have every equal right as them to influence the economy.]]> 2021-02-11 16:40:28 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193226388 John Vincini jv1000918 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193226442 Firms and other firms, especially when it came for help]]> 2021-02-11 16:40:28 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193226442 John Vincini jv1000918 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193228803 Shutting down GameStop led Robinhood to stay alive as a company]]> 2021-02-11 16:40:52 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193228803 Alex https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193230383 Some people view this as a “revolution” because it was the people (consumers) who caused this uproar. It wasn’t the government or another company’s influence. It’s interesting because it was an ordinary group of people that otherwise wouldn’t really have much of an influence on economics, but they were able to completely turn the market on its head]]> 2021-02-11 16:41:07 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193230383 John Vincini jv1000918 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193239955 This is a "revolution" in the finance industry because it is something that has never happened before. It shows how much power the people really have and how they have the ability to take away a ton of money from hedge funds and companies on Wall Street. The consumers are able to control these massive billion dollar companies and they proved it to the whole world with what happened with GameStop.]]> 2021-02-11 16:42:32 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193239955 Thomas ts10014081 https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193242553 Robinhood specifically, at one point, didn’t allow any new investors to invest in GME which created a scarcity of ways to buy the stock.]]> 2021-02-11 16:42:57 UTC https://padlet.com/nlynch47/htb9esrpmdmev3mj/wish/1193242553