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home / news releases / TYO - Retail Investors Stage Riot Against Wall Street


TYO - Retail Investors Stage Riot Against Wall Street

  • Just as individuals used social media platforms to organize protests and riots across the country, traders used websites like "Reddit" to organize a successful short-squeeze on Wall Street hedge funds.
  • While Robinhood, and other brokers, took a lot of heat for restricting trading in shares of the most heavily shorted names, there was a reason - collateral requirements.
  • It won't take long for Wall Street to "circle their wagons" and protect themselves, but maybe this is just the warning shot they needed to make some changes. However, I highly doubt it.
  • The problem comes when the "Wall Street Bets" traders eventually do want to sell. Those traders are "paper rich," however, to convert their shares back into cash, they have to sell. The question will be WHO will they sell to?

For further details see:

Retail Investors Stage Riot Against Wall Street
Stock Information

Company Name: Direxion Daily 10-Yr Treasury Bear 3x Shrs
Stock Symbol: TYO
Market: NYSE

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