Reddit’s WallStreetBets ‘creating Super Bowl ad to sh*t on Robinhood after company blocked GameStop trading’
REDDIT's WallStreetBets is creating a Super Bowl advertisement to "sh*t on the Robinhood app" after the company blocked GameStop trading, according to reports.
- a group with several million members who share trading tips about how to beat "the system" - is hoping to put down stock trading app Robinhood.
Robinhood will be airing its first-ever commercial on Super Bowl Sunday as the company .
The stock trading app revealed its 30-second Super Bowl commercial - which reportedly cost $5.5million - on Wednesday.
"We are all investors," the commercial - which is public on and has since obtained more than 46,450 views - is titled.
As the video places, the narrator's voice is heard saying: "Don't think you're an investor? ... You don't need to become an investor - You were born one."
Despite Robinhood purchasing the Super Bowl commercial slot back in December, Wednesday's reveal prompted an uproar from Reddit's WallStreetBets.
A Reddit discussion called "" has since reeled in more than 3,000 comments since it was submitted on Wednesday.
On Reddit user urged in the comments for a commercial to be created quickly "for us to sh*t on them."
"TL;DR f**k Robinhood let's buy super bowl ad space and shit on them," reads, "another user , according to .
According to the news outlet, The Office actor Leslie David Baker was voiced his support on Reddit.
He wrote: "I would love to help you all make this happen.
"If this is something you're seriously considering let me know, my team and I will use all resources at our disposal to get us the advertisement, shoot it, get the talent, crew, and get it out in time for Super Bowl. You have my full support!"
Meanwhile, a GoFundMe - titled "WallStreetBets Superbowl Commercial" - has raised more than $29,000 of its $6million goal since being launched on Wednesday.
If the crowdfunding page raises its goal of $6million, the explains: "$5.5million will buy a 30 second ad during the Superbowl and cement WSB in the history books.
"GoFundMe takes a cut of of $0.30+2.9%, figure that takes $6 million down to 5.808 million."
However, if not enough money is raised, the GoFundMe page insisted "all money will be refunded."
"No funds will be withdrawn from the GoFundMe account. I am not an expert on this platform but welcome any suggestions to verify this," the page reads.
"If money has to be spent on production (I can't imagine for what but can't exclude the possibility) that amount will be deducted proportionally from refunds before they are issued."
Earlier this week, as the Reddit army phenomenon winds down.
The gaming company fell as much as 55 percent on Tuesday, after experiencing a 31 percent drop the day before.
The trading frenzy began in late January, when small-time investors began buying up shares in GameStop, a loss-making video games retailer.
GameStop shares surged 700 percent last week as amateurs, inspired by tips shared on social media, piled into the stock .
But it now seem the share price has sharply declined.
Despite the plummeting price, many of the message board’s 8.2 million members pledged to hold onto their GameStop shares.
Members pledged to do so to spite the hedge funds that bet against the stock.
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The after share prices plummeted this week.
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Keith Gill - otherwise known as as DeepF—ing Value on and on YouTube - revealed the loss on Reddit’s WallStreetBets forum.
Gill has become an internet celebrity since his fellow WallStreetBets users carried out one of the biggest short squeezes ever, driving GameStop’s share price as high as $483 last week.