Heavily Shorted Wendy's Stock Soars Almost 40% As Meme Traders Pounce
(finance.yahoo.com)
Comments (21)
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WEN MOON
KEK
WEN? NOW!
kek, it took me 20 mins to get that joke.
It's been 86 years.....
For those who don't know traders put WEN in all their posts,and the price jumped the next day. AI was scanning posts and saw the fake discussion of the stock....
Wow, most interesting.
It's good to know what moves they have available.
It's not just stock trading i bet patriots/Q is analyzing our posts and X and such to know when to move things along....
You bet!
On a different topic, do you trade futures? Im dipping my foot into MNQ futures, specifically MNQU6, and am wondering what the price for one contract is. Could you help a brother out? Thanks.
I don't trade futures. Their must be a reddit for it.
Their is.
https://www.reddit.com/r/FuturesTrading/
I'm trying to figure out this one in relation to the other shorted stonks.
I think they might be letting this one go in order to soften pressure on the others.
What do you think?
https://www.reddit.com/r/wallstreetbets/comments/1ued78l/fixing_her_a_wendys_wen_dd/
It's probably in the basket.
I went to the gambling forum,and found this DD. I might buy a few if I can scrape up some money.
Edit. its trading pretty flat after this morning's increase,looks like they still have control.
Interesting for us to watch.
True,I would not be surprised if its nocked down tommorow. It may be worth buying then for a possible buyout. I need to read up on it more.
I bought 5 shares just to keep an eye on it.
I have one,I only had 15 dollars in my account,and nothing I wanted to,sell.
You're going to lose 5 times less than me then!
I haven't eaten fast food in ten years, but I will go to Wendy's for dinner to show my support.
I wonder whether this is to soften pressure on other shorted stocks, because IMO it would have that effect as some paperhanded guys sell a little of their stonks to cash in on this WEN spike.
I believe it's really just to gauge how much momentum is in the meme-trader community right now. Meme traders act on coordinated spontaneity and do it for ethicality and the greater good, but extra money can't hurt either. Community-driven infrastructure is going to play a very big role in this new world we are going into.