Author: Ava Carson
WallStreetBets or “r/wallstreetbets” is a subreddit where participants can freely discuss things related to option trading, stocks, and the global market.
While most of the conversations are presented in the typical Reddit-house manner that contains profanity and ironies, you can still find this forum a go-to place for important and real-time updates on Wall Street, especially during prediction tournaments as members actively engage in sharing their analysis and speculations.
Here are some things you need to know about the predictions for July 22:
Musk Said That He Was The First Human to be Cloned
A member has predicted that Elon Musk was the first person to have a clone made of himself. His naturally conceived offspring are disinherited, and he passes all his material possessions to his clones.
It is no secret that scientists have had the technology necessary to conduct cloning for many years. The practice of human cloning is not new. Furthermore, it isn’t implausible to think that Elon Musk, a tech-savvy billionaire, may have been a clone.
The Stock Market Will Keep us Walking Funny for a While
One of the members of the forum said that gold should be rising due to the invasion of Ukraine, but it is being controlled.
The member also said that wheat should be rising due to the absence of grain from Ukraine and Russia from the market, but this is being done through manipulation.
But a member from the same thread contradicted his prediction and said that being a prepper doesn’t mean you know anything. The source of your prediction came from YouTube, which is full of prepper people who predict things that don’t happen. He also stated that listening to these kinds of people is so tiring.
Helium Production Will be Stratospheric
The prediction of one member focuses on Helium production. He predicted there would be a short helium supply because of ongoing war and the focus on natural gas production. He’s quite right, though, because, at 14 facilities worldwide, the byproduct of refining natural gas is Helium. Unfortunately, disasters that recently impacted the biggest of these plants disrupted supplies and led to a helium shortage.
New helium production in the USA; in 2020, the United States produced 2.15 billion cubic feet (61 million cubic meters), or roughly 44% of the world’s total production, making it the world’s largest Helium provider.
The second-lightest element is Helium. It must increase by definition. He proposed three predictions, and some members commented on his post with some humor.
While some said Helium can be used for condoms at ED, others say it is best for balloons, banana farms, hospital CT machines, and Alvin and the Chipmunks rehearsal… lol
Takeaway
WallStreetBets is fantastic. However, after reading through the messages and removing some clutter, it becomes obvious that the subreddit is devoted to building a trading community.
When you have several transactions in your possession, you’ll be curious to speak with other traders and learn what they think about some of your most recent trades.