How German Merchants Get Involved in Gambling Warfare

Denver, Düsseldorf For weeks, “Reddit traders” have been in the limelight on Wall Street and, with their targeted attacks on short sellers, they are causing billions in losses for US hedge funds. Small investors who organize in the “Wall Street Bets” forum of the Internet platform Reddit, even from Germany, are supported.

“Europe Bros is listening: today is the day,” wrote a user on Reddit last week. “Yesterday you came looking for us and we need you again today.” He also recommended numerous brokers with whom he could trade Gamestop shares. Including Degiro and Flatex, but also Sparkasse’s “S Broker”.

The author received almost 7000 responses from users across Europe. And at least the German investors followed his words with deeds.