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4 Feb, 7 tweets, 3 min read
Reddit traders have lost millions over GameStop. But many are refusing to quit on.forbes.com/6015Hew7V by @abebrown716
The prevailing attitude on the Reddit stock-trading forum, WallStreetBets, is rooted in something more philosophical
They see their continued investment as a perpetual indictment of Wall Street, driven by fury over brokerages such as Robinhood and Interactive Brokers limiting their ability to trade GameStop
They hope it draws the attention of authorities to think out long-term reforms to reduce the advantage institutions have over ordinary investors. “It’s an anarchist attitude. Burn it all down,” says Justin Gainer, 30, of Chicago. “Eat the rich. F—k them.”
David Mazza, a managing director at Direxion: “We live in an environment of populism where information spreads through smartphones and social media, where good situations can become bad very quickly.”
Trevor Aganis, a 22-year-old in Kansas: “There’s inherent corruption within our financial system in the U.S.,” he says. “I think it's very important to highlight and showcase what's going on and how blatant it is.”
Read more on the Reddit traders here on.forbes.com/6015Hew7V by @abebrown716

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