The group would also direct funds to companies with the best metrics on female representation in middle management and among executives, she added. The "Women's Reddit Army" would see women traders coordinating a long squeeze by shorting stocks of selected "patriarch companies," said Althea Spinozzi, senior fixed-income strategist at Saxo Bank. Such issues include women earning 20% less than men on average in the same positions, leaving them with less disposable income to invest. 'Women's Reddit Army' forces stock swingsĪnother outrageous prediction from Saxo Bank sees women on the social media platform Reddit using tactics employed by the so-called Reddit Army on meme stocks to tackle gender inequality issues at corporations.
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