Reddit Trolls Wall St. Hedge Funds, Buying Up GameStop Stock

[tommyrp12]

[Invisible Man]

Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased.

I think the buyers were willing to lose money and didn't want Robinhood to decide for them if that was a bad decision or not.

That said, what Robinhood did may well be something they reserve the right to do in the agreement that all their customers have to enter with them. If so, and moves like that help Robinhood mitigate its own losses, then I don't see the problem. People who use Robinhood for the very low fees should be prepared for the less visible ways Robinhood makes money off them.

[dannno]

Actually, AOC is saying that "something must be done" in opposition to the Robinhood purchase blocking, rather than on behalf of hedge fund investors.

Ted Cruz agrees with her:

https://twitter.com/tedcruz/status/1354833603943931905

Those two need to get a room.

[69360]

Brokers restrict tickers all the time. Usually it is restricting shorting but sometimes they are restricted outright.

The same people complaining about Robinhood managing risk are the same people who would whine and call for jail time if Robinhood blew up over this.

Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased. The odds of the stock falling today were roughly 100%. Brokers aren't dummies. Their customers who would have blown up left and right if they let them open.

If you keep telling yourself that maybe you will believe it. Robinhood was in bed with the hedge funds and did this for their benefit.

[Krugminator2]

If you keep telling yourself that maybe you will believe it. Robinhood was in bed with the hedge funds and did this for their benefit.

Oh brother.

[69360]

silver swung as much as 1.81 today , up then back down .US economy contracted in 2020 by 3 1/2 percent , worst since 1946 with only a 4 percent growth in 4th quarter with the Christmas bump . Biden is hard at his terror war on energy while pushing 2 more trillion in debt on stimuli. makes no sense that silver would be below 26 .

Yeah I saw the early swing, I was watching it to see if the reddit bros are going to try and drive the price up. Nothing so far. I would feel a lot safer riding a rally on silver than gamestop.

[Brian4Liberty]

Establishment Guide to Bubbles:




Do it like this,







Not like this, especially if initiated by the unwashed peons.

[wizardwatson]

Oh brother.

What is the narrative?

There are two sets of rules, yes. "Accredited investors" vs. joe-schmoe on RobinHood. RobinHood is doing it's job, got it.

But what is the narrative? No one is talking about what you're talking about and no one is talking about derivatives trading being at the core of the 2008 crisis.

The narrative is "hypocritical hedge fund wall street fat cats vs. underdog day traders 'beating them' at their own game."

So question...

Are the conditions that led to 2008 still present (financial institutions over-exposure to risky derivatives trading)?
Is it worse or better than 2008?
Are the actions of the Fed making it worse or better?

[A Son of Liberty]

AHHHH-HAHAHAHAHAHAHA!!! What a frickin' clown show ... <*me: munches some more popcorn*>

https://twitter.com/wokal_distance/s...56351827038208

https://twitter.com/AOC/status/1354848253729234944

https://twitter.com/AOC/status/1354852019023052801

This is what happens when psycho b*tches gain political power.

[Brian4Liberty]

Brokers restrict tickers all the time. Usually it is restricting shorting but sometimes they are restricted outright.

The same people complaining about Robinhood managing risk are the same people who would whine and call for jail time if Robinhood blew up over this.

Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased. The odds of the stock falling today were roughly 100%. Brokers aren't dummies. Their customers who would have blown up left and right if they let them open.

Ah, so not so free market is good. Certainly they stop trading entirely on some stocks for various reasons occasionally, but allowing some people to trade and others are locked out? There is no justification for that.

But it’s a great precedent. “We are not banning gold, we are just mandating that retail investors can only sell gold, and can not buy any.”

[Brian4Liberty]

https://rumble.com/vdctvn-charles-pa...op-uproar.html

[Occam's Banana]

[foobar]

Rumble videos are not embedding correctly using the code from the URL.

This code is not working: [rumble]vdctvn[/rumble]

Instead, use the code from the embed popup - see this post.

This code works: [rumble]vaqnoz[/rumble]

[enhanced_deficit]

WHite House is monitoring and DC politicos are jumping in, making it a major political story.

Lawmakers from AOC to Ted Cruz are bashing Robinhood over its GameStop trading freeze

Thu, Jan 28 2021 4:25 PM EST
Key Points

• AOC, Ted Cruz, Ro Khanna and other lawmakers criticized Robinhood after it restricted trading in GameStop and other companies targeted by the irreverent WallStreetBets Reddit forum.
• Rep. Rashida Tlaib, D-Mich., a member of the Financial Services Committee, called Robinhood’s move “beyond absurd” and demanding a hearing on “Robinhood’s market manipulation.”
• The White House has said its economic team is monitoring the situation.
• The Democratic leaders of the House Financial Services Committee and the Senate Banking Committee said they would hold hearings.

[oyarde]

Once those marxist retards in congress start regulating and rule making the stock markets I'd bet against stocks for five years minimum.

[Pauls' Revere]

WTF!

We did money bombs years ago for Ron Paul. Why not money bomb a ticker??

Rpfbets?

[XNavyNuke]

Rumble videos are not embedding correctly using the code from the URL.

Hey Charlie! It looks like someone lost a bet. Happy New Year!


XNN

[devil21]

The silver lining of today's blatantly criminal behavior is that the bankers just gave everyone a head's up sneak peek of what they'll do when the Reset really starts. Instead, it won't be a relatively small amount of retail stock traders getting locked out while their winnings/earnings disappear. It'll be everyone's bank accounts. "Sorry, technical difficulties. Please try to access your account later. For support, call 1-800-FUPLEBS. We'll be happy to disconnect your call in a timely manner."

Why y'all think they're shutting down bank branches? The ones that aren't completely shut are slowly closing their lobbies down and putting the entrances behind double secured doors. The last few that still have lobby hours now have armed security posted at the doors. Cash being pulled from circulation. Coinage "shortages" due to viruses They're going to "Robinhood" everyone.

(And it sure as hell wasn't just Robinhood today, even though the media is attempting to make it all about Robinhood. My piddly trading account with Ally Invest was locked out entirely for most of the last two days. My crime? Holding one share of GME. I must have been labeled a "potential banker's Hamptons mansion security threat")

Ah, thanks for that correction. A TV news discussion was very vague and lumped AOC in with Pelosi and Yellin. I suppose their point was that all of the politicians agree that this is a job for them. A stock goes into a bubble, and it’s like Pearl Harbor.

Edit: And I agree. Brokerages saying you can sell but not buy, or vice versa, is blatant market manipulation. And who is buying when only “selling” is allowed? The brokerages? Their hedge fund buddies.

This is how the Chinese stock markets have been run for years. The Party decides what the people can or can't do in the markets on a daily basis. Looks like a down day is brewing? Restrict selling. A Chinese WSB moment forming? Restrict buying. The Party apparatus never loses, since brokers and banks are state-owned. Most likely some of any individual person's trading ability is connected to their social credit score, also. This is already a socialist country and has been for a long time. The mask is coming off during the transition to communism.

[dannno]

https://twitter.com/MarkDice/status/1355008398580834308

[dannno]

Robinhood CEO speaks to Cuomo after GameStop stock chaos

https://www.cnn.com/videos/business/...ets-investing/

[Brian4Liberty]

...
This is how the Chinese stock markets have been run for years. The Party decides what the people can or can't do in the markets on a daily basis. Looks like a down day is brewing? Restrict selling. A Chinese WSB moment forming? Restrict buying. The Party apparatus never loses, since brokers and banks are state-owned. Most likely some of any individual person's trading ability is connected to their social credit score, also. This is already a socialist country and has been for a long time. The mask is coming off during the transition to communism.

That is interesting, seeing as China is the model for our crony kleptocrat globalist oligarchs. What did Nancy Pelosi’s husband do today? Buy some Gamestop?

[69360]

Apparently the next gamestop is dogecoin. Price is up 800% in 24 hours. I tried to get in but all the brokers and exchanges are crashing.

[devil21]

Apparently the next gamestop is dogecoin. Price is up 800% in 24 hours. I tried to get in but all the brokers and exchanges are crashing.

handy gme short data with lots of good info on all this gme stuff
https://isthesqueezesquoze.com/

-This- Gamestop isn't over so hopefully no one is looking for the -next- one yet. Seems like the bankers are trying to create the perception that they beat everyone, so time to lick your wounds and move on to the next get-rich-quick scheme instead of holding the line on GME and forcing them to cover shorts. It sounds like the usual bankster jawboning mind$#@! operations they're known for.

The daily trade volume on GME (44mil) was nowhere near large enough that even half of their short positions (140% short of total issue=~100mil shares) could have been covered, even during the "oy vey shut it down" period.

Some think that the short position actually GREW Thursday overall, with only a select few being able to cover. There's no way that anywhere near the entire 140% was covered on that volume. GME is still very much a going concern but they're trying to create the perception that it's over. Dogecoin? Really? smh I hope people aren't dumb enough to fall for that lame bait-n-switch.

[wizardwatson]

handy gme short data with lots of good info on all this gme stuff
https://isthesqueezesquoze.com/

-This- Gamestop isn't over so hopefully no one is looking for the -next- one yet. Seems like the bankers are trying to create the perception that they beat everyone, so time to lick your wounds and move on to the next get-rich-quick scheme instead of holding the line on GME and forcing them to cover shorts. It sounds like the usual bankster jawboning mind$#@! operations they're known for.

The daily trade volume on GME (44mil) was nowhere near large enough that even half of their short positions (140% short of total issue=~100mil shares) could have been covered, even during the "oy vey shut it down" period.

Some think that the short position actually GREW Thursday overall, with only a select few being able to cover. There's no way that anywhere near the entire 140% was covered on that volume. GME is still very much a going concern but they're trying to create the perception that it's over. Dogecoin? Really? smh I hope people aren't dumb enough to fall for that lame bait-n-switch.

Again, who benefits from this?

How do we know the buyers are organic and not foreign actors or just other wall street cats playing a game?

We will see I guess. If it is organic, it will likely be killed and phase out and the proverbial "we" will have wasted their time. If it isn't organic, and there's an ulterior motive here, that motive is not likely in the interest of the underdogs.

We latch on to every MSM stoked "revolution" while we do nothing to build our own.

"Ron Paul cured my apathy."

...but then we all fell off the wagon and we're snorting big fat lines of "this can go viral!" every 10 minutes.

[TheTexan]

AHHHH-HAHAHAHAHAHAHA!!! What a frickin' clown show ... <*me: munches some more popcorn*>

https://twitter.com/wokal_distance/s...56351827038208

https://twitter.com/AOC/status/1354848253729234944

https://twitter.com/AOC/status/1354852019023052801

What a $#@!.

[oyarde]

That is interesting, seeing as China is the model for our crony kleptocrat globalist oligarchs. What did Nancy Pelosi’s husband do today? Buy some Gamestop?

He bought tesla since nancy is going to require you buy electric

[A Son of Liberty]

What a $#@!.

She's the type of b!tch who punches her boyfriend then yells rape when he grabs her wrist to stop her from doing it again.

[Brian4Liberty]

...
On the other hand, Reddit will probably be forced to ban or remove that sub-Reddit before they can go after silver. The current silver price is the tolerable price to the powers that be. Will we see all of the social media companies playing whack-a-mole to ban any stock market talk? We saw them do it to many conservatives and libertarians already.
...

Let the bans begin...

Facebook Shuts Robinhood Stock Traders Page Over 'Sexual Exploitation' Not GameStop 'Frenzy'

A Facebook group dedicated to discussion of stock trading on the Robinhood app was suspended by the social media site on Wednesday amid a frenzy of investment activity that has shaken Wall Street markets this week.

The community, called Robinhood Stock Traders, counted more than 150,000 users as members before being pulled offline by Facebook. Its founder Allen Tran, 23, said that he received the notification on January 27 and defined the move as censorship.
...

Whack those moles!

Discord bans the r/WallStreetBets server, but new ones have sprung to life

[Krugminator2]

Volume on GME is super low intraday. Very unlikely that it can support this stock price. Wouldn't be surprised to see this drop from 300 right now to below 100 today or Monday. Hanging on by a thread.

[CaptUSA]

The best thing about this whole episode is that it's so new that the public doesn't know where to stand on it. Meaning, they haven't gotten their team's talking points yet.

I love when that happens.

You've got AOC and Tucker lining up on the same side. The public is confused on what the "right" answer is for their tribe.


TELL ME WHAT TO THINK, DAMMIT!!!

[69360]

Volume on GME is super low intraday. Very unlikely that it can support this stock price. Wouldn't be surprised to see this drop from 300 right now to below 100 today or Monday. Hanging on by a thread.

I know nothing but I looked today and came to the same conclusion.