Anyone following this? Talk about mass manipulation, I'll bet we find some Politicians in on this madness... Regulating the little man but protecting the big..

Government is as crooked as it gets! Always trying to control the masses.

Keith

Yep it’s been pretty interesting. Many of the trading sites and apps have halted trading on GME and AMC.

I’m sure big brother will keep this from from ever happening again.

I don’t get exactly what is happening but it sounds interesting. I am no investor guru but I am sure REEEVo can explain it perfectly...

It sounds like some small investors found a way to take advantage of big wall street’s tricks and use it against them?

This is no different than how it has been all along...the 1% running the rigged game, dribbling out tiny teeny little scraps to keep the proletariat happy enough to keep voting to give all the money to the top 1%.

As long as you think that's ok, this is what you will get.

The part here that will be trouble for the manipulators and riggers is that their game was used against them, and they turned off the lights and shut the game down...which does not happen when they are fleecing us...that's just the "risk you take" when it's the other way around.

Jason, what happened here is that hedge fund managers shorted stocks...they make money when the stock loses value, and the money they make is yours that you lost when the stock went down and you sold at a loss.

A bunch of folks, mostly on reddit, got together and bought the fuckk out of the stocks that the managers shorted, driving the price of them thru the roof, and the managers' short position now lost them a TON of money. Now they have to buy the stocks at a far higher price than what they bet on.

As I said above...when that happens to the 99.9% who think they are in the game, the money disappears and reappears as yachts, mansions, and stock buy backs.

When it happens to the .1%, they stop the game in the middle, take their ball and go home.

That kind of collusion should have the feds all up their asses...but even if a bunch of them go to jail, it won't matter as long as the rest of us continue to play along and continue to allow them to transfer all of our wealth into smaller and smaller segments of society.

"We" just gave that .1% a massive tax break a few years ago, funding their plundering of the US taxpayer...the rest of us will see our taxes go up next year, and not because Biden raises them, but because that's how the Trump Tax Plan was designed.

Until voters who are duped into thinking that spreading our nation's wealth to our citizens is bad, but letting the top 1% literally plunder us and take all the money is "capitalism", then this will never stop.

I am glad these dudes figured it out.

We got in on some of this about 9 months ago, our portfolio is up about 1700%

Also...for those who were dumb enough to think that Robinhood is some sort of white hat trading house...they are owned by Citadel, affiliated with TD Ameritrade, and are just as bad as they rest...they used their investors to run up the stocks that they owned, and when shitt went sideways, they, too, stopped the trading, in collusion with all the rest.

Fish on...

Todd

Thanks Todd!

It is an outrage that when a stock is obviously overpriced but Wall Street wants it that way, then it is okay. But when a stock is overpriced and they don’t want it that way, they shut it down.

Infuriating!

All you need to remember is that your real enemy is baby eating pedophiles, that are also sex traffickers and are controlled by lizard people.

Or, whatever Todd said.

Let your IQ determine which is more likely to be accurate.

You sound like a Democrat.

"Big business is evil!!"

lol

I love watching hedge fund assholes take it in the shorts!

I was a day late on it but many people made enough money to pay off student loans, mortgages etc. This will be much more effective than occupy Wall Street because it hits their bottom line. I’m sure that sub reddit in question will be either heavily moderated or shut down all together.

The smart people will or did bail, the late comers will get screwed just like in every other bubble.

Seen on reddit a couple of days ago...

"What are they going to bust us for? Outsider trading?"



Fish on...

Todd

Follow Dave Portnoy on Twitter, that dude is hilarious. He does a lot of things for a good cause and has millions of followers. He was in the mix of it all.

In summary, even if there's a class action lawsuit for closing the option to purchase these stocks and shutting down trading platforms, it will cost these hedge fund guys 10% of what they made today doing what they did. But as a betting man, I'll bet Portnoy finds another loophole to kick the teeth in on those billionaire hedge fund crews..

Keith

I can't imagine a better way to use your Bigly Gigantic Socialist Capitalistic Bailout Fund Containing $600...and using it to totally fuckk over the hedge funds that have fukkked you over, over and over again.

They are happy to short stocks, then send their analysts to cable TV news to tell you how crappy a company is to make their stock fall, pocketing the difference while the stockholders are left holding the bag and the company goes out of business.

A virtual and actual Black Friday Part II where hedge funds jump out of windows and plummet to the sidewalk below would be a good start.

That being said...the American people have a short memory, and we continually bail out the 1%ers that steal money from us until their house of cards falls down...by giving them all of our tax dollars, and letting them do it again.

If we don't start holding them accountable, and then making deep and institutional changes in how the financial system works, they will continue to drive it like they stole it (because they did), and then when the wreck it, we'll give them a new car and send them back out on the road.

But...by all means...don't forget about Pizzagate and email lady.

If the Derp State Operatives are really concerned about the Deep State, they'd go after the real one, the one that is plundering us and our planet, not the made up one that morons and imbeciles like Q and his cultmembers are worried about.

Fish on...

Todd

A little better explanation than mine above...



Fish on...

Todd

The only part they left out of the above explanation is that after they short a stock, they employ massive market manipulation by putting out press releases and going on TV Cable News shows and talking schit about the stock, driving the price down so they can create that profit margin between the borrowed price and going price.

They've been getting away with it, until recently, when individual traders turned the tables and did exactly the opposite...bought bought bought it and drove the price up, and then sold it back to the hedge fund at a profit for themselves, and a huge loss for the hedge fund.

So sad.

Fish on...

Todd

F.U.K.M all.

I find it all pretty funny.

I've been following this closely since the beginning (and have been following r/wallstreetbets closely for many years).

It is the single greatest financial schadenfreude stunt of all time. I know of guys who've made upwards of $40 MILLION DOLLARS with these cheeky shenanigans and they aren't even considering selling!

And now...they're starting to file lawsuits against multiple brokerages for halting trading, which will turn into HUGE class action suits.

Wallstreet hedge fund fvck boys are screwed forever more and I can't stop smiling.
The game is over and the jig is up you greedy fvcks.

TO THE MOON GENTLEMEN!

ONE DOLLAR!

Nick has emerged from the lady parts!