Tag: share price
Wall Street’s Short Kings – The Atlantic
When the investor Carson Block arrived for an appointment at the Pierre hotel, in Manhattan, in 2017, he knew he was about to meet with an impostor. In the elegant Rotunda Room, surrounded by marble columns and a sky-blue mural, Block sat across from the dark-haired man who had extended the invitation. A security team that Block had brought with him fanned out around the hotel. After fielding a few pointed questions from the man, Block turned the conversation around.
The Pandemic Birthed a New Generation of Finance Bros
On a Wednesday in June, deep in a corner of the Reddit message board r/WallstreetBets, a user going by Your_Boy_Roy_ published a lengthy post. The subreddit, which now has almost 11 million members (or “Degenerates,” as the page officially lists them), has become an epicenter for crowdsourced, short-term, high-risk stock speculation and analysis. Roy had been a member of the group since “its prime,” and had to get something off his chest.
“You are all being ridiculous with these endless