Thread: Side Hustle
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Old 01-27-2021, 09:30 AM
  #660  
Gunfighter
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Joined APC: Apr 2007
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My college age son is active on reddit. I thought he was just comparing gaming strategies. Apparently he's been on r/wallstreetbets. He used his discretionary college funds to open a Robinhood account and joined the crowd in squeezing the GME shorts. The way he explains it, there is a mob mentality of retail traders who want to "stick it to the man". He knows it's a fools errand and closed a portion of his position after a 4x gain. I'm not sure if I should applaud his interest in trading or be worried about a gambling problem. At least he has demonstrated initiative in looking for ways to make a buck.
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