Interesting perspective on #StonkGate from an Ask Reddit thread. This has a bunch of financial professionals who are on Reddit, but not active on /wsb, weighing in.

https://www.reddit.com/r/AskReddit/comments/l7bl3z/brokers_of_reddit_how_crazy_is_it_where_you_work/gl64yau/

Man, people really want a singular narrative on this thing.

Multiple things can be true at once!

This is a helpful perspective, too. It's not just Reddit vs. Wall Street. Other hedge funds also have bullish positions on GME and similar meme stonks. https://marketsweekly.ghost.io/what-happened-with-gamestop/

Yeah, I thought this was helpful in clarifying that power users on /wsb probably work in finance.

Whether organically or intentionally, this is also part of *their* hype machine, just as they've pointed out that investors going on CNBC can be hype, too. https://twitter.com/Andres_Stones/status/1355162408344424455

Yeah I've lurked it, too. There's a ton of shitposting, but the "due diligence" posts are written by people with finance knowledge from industry work and professional education.

Not dissimilar to forums about collectibles, cars, sports betting, etc. https://twitter.com/gregmarvin/status/1355165878699118594?s=19