By now you would have probably heard of wallstreetbets (WSB). From the GME saga, its members have grown from 1.5 million at the start of the year to 9.1 million as of Feb 2021.
For those who are still living in a cave, WSB is a subreddit where degenerates (what the community calls themselves) discuss stocks and options trading. It is a community known to YOLO their life savings with the hope of making it big.
Today, we will not be talking about the GameStop phenomenal. Instead, I would like to do an experiment with WSB stock recommendations.
Apart from GameStop (NYSE: GME) one of the most successful WSB trade calls, I would like to determine if investors can actually profit regularly from WSB recommended stocks or if GME was just an exception.
Before you continue reading, I would like to say that this is highly subjective as a slight change in the buy and sell date could change the return drastically.
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