Table 1.
Summary statistics
| Year | # Submissions | # Posters | # Buy | # Sell |
|---|---|---|---|---|
| Panel A: Number of posts | ||||
| 2012 | 145 | 32 | 110 | 35 |
| 2013 | 184 | 64 | 148 | 36 |
| 2014 | 532 | 184 | 465 | 67 |
| 2015 | 2102 | 859 | 1842 | 260 |
| 2016 | 5161 | 2079 | 4359 | 802 |
| 2017 | 6187 | 2617 | 5432 | 755 |
| 2018 | 11,542 | 4837 | 9184 | 2358 |
| 2019 | 8817 | 4357 | 6979 | 1838 |
| 2020 | 44,136 | 21,006 | 34,869 | 9267 |
| Q12021 | 142,449 | 77,885 | 129,162 | 13,287 |
| Full sample | 221,255 | 107,821 | 192,550 | 28,705 |
| Full Sample | Pre-2021 | Post-2021 | |||
|---|---|---|---|---|---|
| Company | # Submissions | Company | # Submissions | Company | # Submissions |
| Panel B: Most mentioned tickers | |||||
| Gamestop Corp | 56,223 | Spdr S & P 500 ETF Trust | 5338 | Gamestop Corp New | 55,012 |
| AMC Entertainment Inc | 25,325 | Tesla Inc | 4528 | AMC Entertainment Inc | 25,129 |
| Blackberry Ltd | 8444 | Advanced Micro Devices Inc | 2843 | Blackberry Ltd | 8323 |
| Nokia Corp | 7222 | Palantir Technologies Inc | 2359 | Nokia Corp | 7100 |
| Spdr S & P 500 ETF Trust | 5538 | Direxion Shares ETF Trust | 1893 | Direxion Shares ETF Trust | 2843 |
| Tesla Inc | 5315 | Apple Inc | 1654 | Canaan Inc | 1874 |
| Direxion Shares ETF Trust | 4736 | Micron Technology Inc | 1602 | Sundial Growers Inc | 1844 |
| Palantir Technologies Inc | 3683 | Microsoft Corp | 1442 | Naked Brand Group Ltd | 1394 |
| Advanced Micro Devices Inc | 3126 | Gamestop Corp New | 1211 | Palantir Technologies Inc | 1324 |
| Canaan Inc | 1967 | NIO Inc | 1097 | Atlantic Power Corp | 1258 |
Panel A reports the number of posts per year, number or buy recommendations per year, and number of sell recommendations per year. Panel B details the most mentioned tickers