Longtime members of the Reddit forum that was the launchpad for the GameStop GME frenzy are lashing out at the group’s millions of new users, asking whether they can be trusted and accusing them of working for hedge funds.
WallStreetBets has been hit by bots that question some of the members’ investing initiatives and pitch commission-free brokerage accounts, according to a Wall Street Journal analysis of the posts.
Many of these bots are becoming auto traders, and they do not take tiny steps. So, go ahead and kiss Black-Scholes good bye.
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