A WallStreetBets forum says bots are responsible for a “large amount” of the stock-recommendation content being posted in its popular Reddit group. A spokesperson for the forum said the group has done its best to remove the posts. A former hedge fund manager and co-founder of Wall Street research firm Epsilon Theory tweeted that 97% of posts on Wall StreetBets in the previous 24 hours appeared to be generated by bots. A growing number of what appears to be individuals on Reddit, Twitter and other platforms have anonymously directed others to buy shares of GameStop.”]
Source: https://www.cbsnews.com/news/wallstreetbets-reddit-bot-activity/