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

  1. #91
    Am I right that the thing that instigated this was hedge funds short selling the stock, and maybe more specifically that they engaged in naked short selling it, up to the point of selling an amount of shares that exceeded the amount in existence?

    And somehow these little guy investors saw some kind of injustice in that, which it was up to all of them to stop?

    Is that basically the gist of it? Or was there something more that made the alleged bad guys here especially morally repugnant?

    I'm not asking about the subsequent actions on the parts of Robinhood and others to stifle this. I'm just asking about the initial instigation.



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  3. #92
    Quote Originally Posted by Invisible Man View Post
    Am I right that the thing that instigated this was hedge funds short selling the stock, and maybe more specifically that they engaged in naked short selling it, up to the point of selling an amount of shares that exceeded the amount in existence?

    And somehow these little guy investors saw some kind of injustice in that, which it was up to all of them to stop?

    Is that basically the gist of it? Or was there something more that made the alleged bad guys here especially morally repugnant?

    I'm not asking about the subsequent actions on the parts of Robinhood and others to stifle this. I'm just asking about the initial instigation.
    It's a short squeeze, the enemy of the short sellers.

    These can occur from "natural market forces".

    The "grown up" position is that "shorting" is natural price mechanism, while this particular short squeeze (the enemy of short sellers) is a bunch of angry bubblegummers who need to get a life (aka 'not natural market force')

    The underdog WSB position is that "shorting" in and of itself is wall street greed, and that someone else could have done this same squeezing tactic within wall street and it would've been ok, but since it was the unwashed masses, they're being attacked.

    Essentially, you've got the kids screaming "double standard" and you've got the educated market savvy adults crying vandalism, and gatekeepers like Shapiro saying "wall street provides a service".

    But I don't think there's deep moral repugnancy. It's business as usual on wall street, and revenge fantasy as usual with the plebes. Question is what will end result be, and who will benefit.
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  4. #93
    Quote Originally Posted by Invisible Man View Post
    Am I right that the thing that instigated this was hedge funds short selling the stock, and maybe more specifically that they engaged in naked short selling it, up to the point of selling an amount of shares that exceeded the amount in existence?

    And somehow these little guy investors saw some kind of injustice in that, which it was up to all of them to stop?

    Is that basically the gist of it? Or was there something more that made the alleged bad guys here especially morally repugnant?

    I'm not asking about the subsequent actions on the parts of Robinhood and others to stifle this. I'm just asking about the initial instigation.
    That is about right. It seems like some of them are willing to lose all their money to prove some point?

  5. #94
    Quote Originally Posted by wizardwatson View Post
    It's a short squeeze, the enemy of the short sellers.

    These can occur from "natural market forces".

    The "grown up" position is that "shorting" is natural price mechanism, while this particular short squeeze (the enemy of short sellers) is a bunch of angry bubblegummers who need to get a life (aka 'not natural market force')

    The underdog WSB position is that "shorting" in and of itself is wall street greed, and that someone else could have done this same squeezing tactic within wall street and it would've been ok, but since it was the unwashed masses, they're being attacked.

    Essentially, you've got the kids screaming "double standard" and you've got the educated market savvy adults crying vandalism, and gatekeepers like Shapiro saying "wall street provides a service".

    But I don't think there's deep moral repugnancy. It's business as usual on wall street, and revenge fantasy as usual with the plebes. Question is what will end result be, and who will benefit.
    So do you perceive the short squeeze here was done (whether by bubble gummers or anyone else) with the intent of profiting financially?

    I mean, yeah that's generally the point. But it seems like something more going on here about trying to punish the ones who shorted it in the first place.

  6. #95
    Quote Originally Posted by Invisible Man View Post
    So do you perceive the short squeeze here was done (whether by bubble gummers or anyone else) with the intent of profiting financially?

    I mean, yeah that's generally the point. But it seems like something more going on here about trying to punish the ones who shorted it in the first place.
    People are profiting financially, but the WSB mantra was always, "we can stay rutarded longer than you can stay solvent". So certainly there's a populist theme that wants to punish the shorters.

    So yeah, the "someone could have squeezed them anyway" is the defense I guess, whereas the impetus is "beating them". It's understood, that given that the stock would inevitably come down, many who helped pump would lose money. It was a very kamikaze plan from beginning.

    You have a lot of memes and comments to that effect.

    One of my favorites I read today was:

    "If wall street had ever bothered to look at our Steam accounts, they'd realize we have no problem dropping $40 on something and never touching it again."
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  7. #96
    @Brian4Liberty This should be in the US Politics subforum. It's clearly a topic beyond economy and markets, and it certainly deserves that kind of traffic.



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  9. #97
    Quote Originally Posted by wizardwatson View Post
    People are profiting financially, but the WSB mantra was always, "we can stay rutarded longer than you can stay solvent". So certainly there's a populist theme that wants to punish the shorters.
    Some are bound to profit. But for those who bought and held, the current gains are unrealized. For them to be realized, they have to sell the stock, and once that happens en masse (which it must at some point, unless this somehow turns into making a charity case out of poor little GameStop), the price will fall like a rock, and a lot of people will lose money, which I get they seem to be fine with. So for the short squeezers, whether they win or lose will come down to timing and luck for the individual investors, with I expect a lot more losers than winners.

    Which keeps bringing me back to the question of what was their real motivation in the first place. I can't tell if it's mainly rooted in believing that the ultra-rich are their enemies or what.

    I mean, it's not like short selling stocks was some controversial thing that hoards of common people were itching to fight against a week ago. Unless it was and I never noticed.
    Last edited by Invisible Man; 01-29-2021 at 02:05 PM.

  10. #98
    Quote Originally Posted by Invisible Man View Post
    Some are bound to profit. But for those who bought and held, the current gains are unrealized. For them to be realized, they have to sell the stock, and once that happens en masse (which it must at some point, unless this somehow turns into making a charity case out of poor little GameStop), the price will fall like a rock, and a lot of people will lose money, which I get they seem to be fine with. So for the short squeezers, whether they win or lose will come down to timing and luck for the individual investors, with I expect a lot more losers than winners.

    Which keeps bringing me back to the question of what was their real motivation in the first place. I can't tell if it's mainly rooted in believing that the ultra-rich are their enemies or what.

    I mean, it's not like short selling stocks was some controversial thing that hoards of common people were itching to fight against a week ago. Unless it was and I never noticed.
    Yes, why out of the blue, why now?

    Sure there's lots of contributing factors: Covid, stimmy checks, slow news cycle now that Trump's gone...

    But there are numerous "bubblegummers" making money on the squeeze who are former hedge fund people. Portnoy-for instance-the most vocal front man I've seen is supposedly millions in on the underdog side. Another guy used to work for a hedge fund, then there's people like Chamath and probably many like him we don't see.

    But who knows the ultimate history?

    We can only speculate-without hard evidence and investigation-so we wait and see who benefits.

    Is it legit organic, and like a palestinian boy throwing rocks at a tank, bound to be run over, ignored and forgotten?

    Or is it a cybernetic organism, living tissue over a metal endoskeleton:

    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  11. #99
    My other point, someone mentioned in a ZH comment, this could be a coordinated effort to soften up the short seller position in preparation for the Big Dump.


    I'm not even sure what that means, but short sellers are a dymanic in the market that I assume dampens downward momentum. So the cynical perspective is this is a pre-crash ploy to make future crash more severe.

    Hence, Terminator.
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  12. #100
    From GameStop to Robinhood Class Action Lawsuit? Lawyer Explains - Viva Frei Vlawg
    A breakdown of the GameStop situation and how it lead to a class action lawsuit against Robinhood trading.
    https://rumble.com/vde6qd-gamestop-r...rei-vlawg.html

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  13. #101
    Quote Originally Posted by CaptUSA View Post
    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!!!
    Considering they have accused the Reddit guys social media forums of sex trafficking and racism, the left should know who to hate any time now.

    Quote Originally Posted by Invisible Man View Post
    Am I right that the thing that instigated this was hedge funds short selling the stock, and maybe more specifically that they engaged in naked short selling it, up to the point of selling an amount of shares that exceeded the amount in existence?

    And somehow these little guy investors saw some kind of injustice in that, which it was up to all of them to stop?

    Is that basically the gist of it? Or was there something more that made the alleged bad guys here especially morally repugnant?

    I'm not asking about the subsequent actions on the parts of Robinhood and others to stifle this. I'm just asking about the initial instigation.
    I can't post a specific article or video, as I have watched a lot of them at this point. It is more than just one motivating factor. It's not as simple as it sounds. As best as I can tell, here's my understanding of the history:

    - COVID shuts down malls, stocks get hammered, especially brick and mortar shops like Gamestop.

    - Some of these young people who just started investing invest in Gamestop, because they grew up going there, and want to help it through the shutdowns.

    - Some Wall Street people on TV try to talk the stock down. (Probably shorting behind the scenes).

    - Chewy.com founder Ryan Cohen, a newly minted billionaire invests in Gamestop, and starts publicly giving advise to Gamestop management, talking up a whole new online business model.

    - Gamestop puts Cohen on the Board and hires a couple of his best developers to pursue new business plan.

    - More back and forth between long investors and Wall St. shorters, most vocally Gabe Plotkin of Melvin Capital starts online battles with the pro-Gamestop investors.

    - All of the long investors get pissed about Plotkin and others shorting Gamestop to drive it down. Some of them discover that Gamestop is way over shorted, over 100%. (Charles Payne has reported on that fact for a while).

    - The Reddit crowd finds out what a short squeeze is, and the possibility of driving the price of the stock through the roof, while hammering loud mouth hedge fund managers at the same time.

    - Other people get involved on both sides, and the stock starts to take off.

    - The controversy ensues.
    Last edited by Brian4Liberty; 01-29-2021 at 03:39 PM.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
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  14. #102
    Quote Originally Posted by wizardwatson View Post
    ...
    Portnoy-for instance-the most vocal front man I've seen is supposedly millions in on the underdog side.
    ...
    Methinks that Portnoy's loud mouth may buy him a jail cell before too long.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  15. #103
    Quote Originally Posted by Invisible Man View Post
    Some are bound to profit. But for those who bought and held, the current gains are unrealized. For them to be realized, they have to sell the stock, and once that happens en masse (which it must at some point, unless this somehow turns into making a charity case out of poor little GameStop), the price will fall like a rock, and a lot of people will lose money, which I get they seem to be fine with. So for the short squeezers, whether they win or lose will come down to timing and luck for the individual investors, with I expect a lot more losers than winners.

    Which keeps bringing me back to the question of what was their real motivation in the first place. I can't tell if it's mainly rooted in believing that the ultra-rich are their enemies or what.

    I mean, it's not like short selling stocks was some controversial thing that hoards of common people were itching to fight against a week ago. Unless it was and I never noticed.
    I think they got really pissed off when robinhood conspired with the hedge funds and restricted trading. That seemed to be the turning point where they really wanted to $#@! over wall street.

    Personally if I had been able to buy the stock early enough I would have sold at $400+ and laughed at everyone.

  16. #104

    More Hot Takes from the Clown Show

    "Because Trump ..."

    From CNN: How Trumpism explains the GameStop stock surge

    And then there's this:

    https://twitter.com/ggreenwald/statu...52902684372995


    And this:

    https://twitter.com/haaretzcom/statu...71413632700428
    Last edited by Occam's Banana; 01-29-2021 at 05:54 PM.



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  18. #105
    We've gone from "too big to fail" to "too big to be spanked".
    "Stupidity got us into this mess. Why can't it get us out?"--Will Rogers

    "All I know is what I read in the newspapers, and that's an alibi for my ignorance."--Will Rogers

  19. #106
    Quote Originally Posted by Occam's Banana View Post
    "Because Trump ..."

    From CNN: How Trumpism explains the GameStop stock surge

    And then there's this:

    https://twitter.com/ggreenwald/statu...52902684372995


    ...
    Yeah, the left will definitely know who to hate by next week.

    Quote Originally Posted by Occam's Banana View Post
    And this:

    https://twitter.com/haaretzcom/statu...71413632700428
    LOL. They are shameless. They may want to explain this conspiracy theory of theirs to Ryan Cohen and Dave Portnoy (big Gamestop supporters).
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  20. #107
    Another clown show Bozo chimes in:

    https://twitter.com/stacyherbert/sta...23801286938625


    So for those not keeping score at home, this whole GameStop affair is apparently the doing of Trump-supporting Capitol-invading antisemitic Russians ... (so far ...)
    Last edited by Occam's Banana; 01-29-2021 at 09:08 PM.

  21. #108
    Quote Originally Posted by Occam's Banana View Post
    "Because Trump ..."

    From CNN: How Trumpism explains the GameStop stock surge

    And then there's this:

    https://twitter.com/ggreenwald/statu...52902684372995
    Quote Originally Posted by Occam's Banana View Post
    Another clown show Bozo chimes in:

    https://twitter.com/stacyherbert/sta...23801286938625
    ...

    Here again though, we have to be smarter.

    We know these people have talking points.
    We know these social media movements like BLM, Proud Boys, Antifa, MAGA, QAnon are all part organic part co-opted.

    Today we feel compelled to side with 2 to 5 million strong reddit stock buyers.

    What does the talking point of accusing them of being terrorists and Russians accomplish?

    It has the effect that people believe they are legitimate because they are being attacked.

    When my enemy attacks a stranger, I feel like we are on the same side. They become credible by virtue of a narrative I only received from the MSM, albeit in a negative way.
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  22. #109
    Quote Originally Posted by wizardwatson View Post
    ...

    Here again though, we have to be smarter.

    We know these people have talking points.
    We know these social media movements like BLM, Proud Boys, Antifa, MAGA, QAnon are all part organic part co-opted.

    Today we feel compelled to side with 2 to 5 million strong reddit stock buyers.

    What does the talking point of accusing them of being terrorists and Russians accomplish?

    It has the effect that people believe they are legitimate because they are being attacked.

    When my enemy attacks a stranger, I feel like we are on the same side. They become credible by virtue of a narrative I only received from the MSM, albeit in a negative way.
    I'm not on anyone's "side" in this.

    I'm just sittin' here with my popcorn enjoying the farce ...

    https://www.youtube.com/watch?v=uVXR2LYeFBI
    Last edited by Occam's Banana; 01-29-2021 at 09:22 PM.

  23. #110
    Quote Originally Posted by Occam's Banana View Post
    I'm not on anyone's "side" in this.

    I'm just sittin' here with my popcorn enjoying the farce.

    https://www.youtube.com/watch?v=uVXR2LYeFBI
    Great.

    My position as a poster here, as I've often reminded other posters over the years, is that generally speaking I'm writing for the general reader. Sometimes I'm talking directly to someone, but it's rare and this isn't one of those cases.

    I see specific qualitative judgements on personalities pointless when I'm dealing with 99%+ anonymous entities, or entities so far out of my social circles that I'm a speck of sand on the seashore.

    Just singing in the dark my friend.

    Carry on.
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6

  24. #111
    Quote Originally Posted by Occam's Banana View Post
    So for those not keeping score at home, this whole GameStop affair is apparently the doing of Trump-supporting Capitol-invading antisemitic Russians ... (so far ...)
    Make that Trump-supporting Capitol-invading antisemitic Russian Nazis (of course) ...

    https://twitter.com/LPMisesCaucus/st...75566384410632

  25. #112


    https://twitter.com/Jevaughn_Brown/s...36244016926720
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  27. #113


    https://twitter.com/JackPosobiec/sta...11176960012289

    There was also another tweet that Psaki's brother worked as a portfolio manager at Citadel, one of the funds getting slammed by this. But it turns out that may be false.
    Last edited by dannno; 01-30-2021 at 12:31 AM.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  28. #114
    Quote Originally Posted by wizardwatson View Post
    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.
    I'm as happy as anyone to strap on a tinfoil hat but I'm not yet convinced it was a fully engineered example. I've been a reader of WSB for months and watched this sprout. The lengths Wall St is now going to contain this makes me think it was mostly organic, also. My bs meter is usually pretty good. It has, however, presented itself as something to be taken advantage of to forward certain goals, if it wasn't engineered. Having said that I think a major crash is starting and it provides a decent scapegoat cover story for it. They're putting up razor wire 10ft fences around the Capitol building and maintaining a guard contingent for a reason. I assume we'll see soon why. February is going to be very interesting...

    At least it's been entertaining and (from one 2007 join date RPFer to another 2007 join date RPFer) it's always enjoyable to see some revolution in action, no?
    The key to revolution is to control what comes out of it. Engineering it doesn't guarantee an outcome. Controlling the outcome requires successfully placing the "leaders" out front and requires the masses embrace them and the agenda they're pushing, also. Portnoy is example of a controlled "leader" to trying to co-opt. He's already pushing banker-invention cryptocurrency. He lost all credibility as a man-of-the-people when he sold his relatively small company to a Wall St darling gambling firm for a couple hundred million bucks. From what I've seen people in the WSB/kill the hedgies circles, they aren't buying what he's selling. They're generally smarter than the average people in the first place.


    eta: This has also shown me how even very savvy investors/traders aren't really aware of how Wall St really works, with the fact that all shares and contracts are owned by the DTC/Cede&Co and NOT the investor/trader. Also, that very few understand that Wall St is quite literally at war with Americans, engages in sheer piracy and continues to demonstrate it over and over. They exist to pillage.
    Last edited by devil21; 01-30-2021 at 12:57 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  29. #115
    Quote Originally Posted by devil21 View Post
    eta: This has also shown me how even very savvy investors/traders aren't really aware of how Wall St really works, with the fact that all shares and contracts are owned by the DTC/Cede&Co and NOT the investor/trader.
    Ya, the fallacies are abounding on both sides, but still rooting for team pleb.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  30. #116
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

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    Those who fail to learn from the past are condemned to repeat it.
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    A Zero Hedge comment

  31. #117
    Quote Originally Posted by 69360 View Post
    That is about right. It seems like some of them are willing to lose all their money to prove some point?
    Yes, that is exactly right. Apparently many of them are out to send a message and for a lot it's emotional/personal. Not 100% sure how. On one hand, they're doing mostly what the big pockets folks do, but on the other, they're doing exactly what the big pockets do... Sure, it's a "taste of your own medicine" but there's also a lot of these "revolutionaries" (and other normal people just jumping into the fray) making some money doing this. Are they going to donate those earnings? Are they going to happily fork up the capital gains taxes? Hypothetical questions, we already know the answers...

    The other end of the stick is that this could be the catalyst for some big market moves. Ones that may come back to bite a lot of people in the butts and possibly have unintended consequences.

    Of course, I think most people, no matter political affiliation, would agree with the notion that the little guy should be able to play the game without having rules suddenly interjected when they start winning. And billionaires, hedge funds, brokers, etc. shouldn't be protected by the Fed or Congress. The problem I'm currently seeing is this is yet another loosely organized mob doing something that sets a hot fire at first, but will either die out without doing as much damage as originally intended or be abruptly put out.

    We'll see. Even though these people could be biting off more than they can chew, and causing a $#@! storm for the rest of us, I'm "rooting" for them very passively on the sidelines. If only because the entire system is so $#@!ed up that I'm willing to pay an admission to watch it start burning in some form.
    Last edited by Okie RP fan; 01-30-2021 at 07:29 AM.
    Welcome to the R3VOLUTION!

  32. #118
    This is a great example of voluntary collectivism.

    I am approve

  33. #119

  34. #120
    Quote Originally Posted by devil21 View Post
    I'm as happy as anyone to strap on a tinfoil hat but I'm not yet convinced it was a fully engineered example. I've been a reader of WSB for months and watched this sprout. The lengths Wall St is now going to contain this makes me think it was mostly organic, also. My bs meter is usually pretty good. It has, however, presented itself as something to be taken advantage of to forward certain goals, if it wasn't engineered. Having said that I think a major crash is starting and it provides a decent scapegoat cover story for it. They're putting up razor wire 10ft fences around the Capitol building and maintaining a guard contingent for a reason. I assume we'll see soon why. February is going to be very interesting...

    At least it's been entertaining and (from one 2007 join date RPFer to another 2007 join date RPFer) it's always enjoyable to see some revolution in action, no?
    The key to revolution is to control what comes out of it. Engineering it doesn't guarantee an outcome. Controlling the outcome requires successfully placing the "leaders" out front and requires the masses embrace them and the agenda they're pushing, also. Portnoy is example of a controlled "leader" to trying to co-opt. He's already pushing banker-invention cryptocurrency. He lost all credibility as a man-of-the-people when he sold his relatively small company to a Wall St darling gambling firm for a couple hundred million bucks. From what I've seen people in the WSB/kill the hedgies circles, they aren't buying what he's selling. They're generally smarter than the average people in the first place.


    eta: This has also shown me how even very savvy investors/traders aren't really aware of how Wall St really works, with the fact that all shares and contracts are owned by the DTC/Cede&Co and NOT the investor/trader. Also, that very few understand that Wall St is quite literally at war with Americans, engages in sheer piracy and continues to demonstrate it over and over. They exist to pillage.
    Question the MSM narrative on RPF is "tinfoil"?

    The ghost of Christopher A. Brown is my spirit animal, bro.

    If we were real activists doing real things, I would be happy to oblige notions of "staying with the group" and "putting away my tinfoil hat".

    But as long as we are stuck in the Matrix, surrounded by phantoms and hallucinations exacerbated by constantly hitting our MSM feeder bars for our next dopamine pellet, you can count on wiz to pop those balloons...time permitting.
    When a trumpet sounds in a city, do not the people tremble?
    When disaster comes to a city, has not the Lord caused it? Amos 3:6



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