Posted on 02/01/2021 8:48:38 AM PST by JV3MRC
The media want to compare Reddit investors who outsmarted Wall Street hedge funds to the Capitol Hill rioters.
This all part of the media freakout over the trading in GameStop and other stocks. The Wall Street Journal tweeted out an outrageous story, headlined “GameStop, Bitcoin and QAnon: How the Wisdom of Crowds Became the Anarchy of the Mob.” The tweet was insane: “What the gleeful anarchy of this week’s ‘stonks market’ had in common with the Capitol riot of Jan. 6.” The story read like an op-ed: “What’s happening on WallStreetBets is of a piece with other internet phenomena, from bitcoin mania to the online conspiracy theories of QAnon, and the events leading up to the Capitol riot.”
The newspaper would not let up in its use of hyperbole, though. It later equated Reddit investors with QAnon and also likened Redditors to a cult:
"The way in which WallStreetBets members convinced themselves that their quest was just and good echoes the logic, if not the sentiment, found in QAnon forums … It’s also the logic of a cult, achieved with some of the same psychological tricks.”
(Excerpt) Read more at newsbusters.org ...
I kicked them to the curb after 15 plus years .
If this exact thing had happened and Trump was still president, the media would say the redditors are heroes. But since it’s Biden, they don’t want economic turmoil, at least none from any source other than the White House.
Biden Treasury Secretary Yellen Made Millions from Wallstreet Companies Who Destroy Businesses for a Living
January 28, 2021 Constitutional Nobody Politics
Data now shows that Janet Yellen, Biden’s new Treasury Secretary, has been heavily involved with the Wallstreet swamp and the hedge funds who are betting against you, and America
Fed Chair, Janet Yellen, who is Joe Biden’s new Secretary of the Treasury
What is clear from new data is that Janet Yellen is truly only interested in protecting the establishment and Wallstreet as they all oversee their Great Reset, destroying nations in order to bring rise to a global government free of Constitutional principles & laws.
We previously reported on the David VS. Goliath populist uprising of Redditers in the WallStreetBets forum going on this week against predatory short sellers. These shorters are given massive abilities by the government to financially devastate companies as a matter of day-to-day business. One method they use is short-selling–betting against a company. Hedge Funds are essentially just groups of these globalist elites who do this practice en masse using the financial heft of
The post Biden Treasury Secretary Yellen Made Millions from Wallstreet Companies Who Destroy Businesses for a Living appeared first on Daily Truth Report • DailyTruthReport.com.
Are they misusing the word insurrection here as well?
WALL STREET is probably the biggest global cult in existence.
Someone needs to start an investment newspaper for retail investors.
Call it “The Main Street Journal”.
Let everyone know which stocks are over 100% shorted. Make these wholesale investors pay us to buy the stocks they shorted.
bkmk
Deep state always hates populism. Cities always hate rural/agrarian (except as dachas, or places where food comes from). Elites always despise hoi-polloi.
As I write this, it is trading at $247.
My prediction...
GameStop will close under $200 today.
It will close under $50 by Friday.
Today, more than $5 billion worth of shares have traded.
Anyone who thinks this stock represents some kind of anti-Wall Street populist rebellion is delusional.
* The Penthouse Archipelago is that collection of globalists who live interchangably in the mega-cities and exclusive resort communities of the world. The vast fly-over lands between these islands of "enlightenment" are looked on as mere feedstock for their central-planning fantasies. They eschew loyalty to any place, considering these interconnected islands of elitists to be their 'country'.
Hmmm.... predictable WSJ
Please. The reddit folks are doing nothing the hedge funds themselves have been doing for decades
Any one of them would happily bankrupt another one in a heartbeat to make money if they had the resources to do it.
Put too much short pressure on some stocks and got burned.
Do they have a problem with a bunch of gamers wanting to protect a favorite game store chain from being driven out of business by supporting them?
They probably have the same problem with a bunch of voters wanting to protect a favored candidate from being driven out of a race.
-PJ
Back when I did a lot of day trading we noticed the over shorting numbers but what could we do? We needed either a lot of money or a lot of people.
The along comes a Reddit group. Ta Da! Call it herd trading or maybe flash mob trading and the little guy becomes the big guy.
I AM so amused:)
we must not ever ever disrupt the abilities of the rich to get richer..../s/
Mob trading.
LOL
The big guys have been doing that for 100 years.
During the last big crash, Goldman Sacks made so much money shorting stocks that they gave out 6 figure bonuses to all their employees.
Now the little guy has discovered their secret.
Maybe it’s time to short sell some of these Broker companies.
right now 241 and 121% is still shorted approx 61 million shares shorted
these people have truly lost their mind.
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