Posted on 01/28/2021 10:16:41 AM PST by JV3MRC
But the elections are not rigged.
I think a lot of phantom shares are created in the options market. Maybe the bigs got carried away with little ole GME.
Brokerage firms were probably loaning shares to short without possession too.
This whole thing could be epic.
Investment insurrection. By this time next week charges will be filed for the redditors.
Probably some sort of hate crime if I had to make a guess.
Got a call from a lawyer friend asking if I had joined in on this (I haven’t). He said that the word is charges are going to be filed for the reddit group
It’s very much the same thing. Two different arenas, but the smelly hillbillies smacking the elites.
And don’t think for a minute the elites weren’t ROCKED by the Patriot Day (Jan. 6) revolt. Ordinary people had them cravenly cowering and hiding under desks and running for elevators. It was a beautiful sight.
WSB is doing the same thing to the smarmy hedgies.
Why do you assume you will be allowed to sell your 401K? If this stand, you can only buy or sell if the gang wants you to.
Grandpa was right. You don’t own your stocks if you buy it through a 401K. However, he assumed you DO if you buy it yourself.
LOL!
Seems like little Peter lost some money lately.
He can pound sand!
Charles, over at Fox, explained that the stock had been oversold by 140% and every single share including the oversold phantom shares, was shorted. Very stupid thing for Wall Street to do in their attempt to run a business out of business.
If any charges should come down it should be the brokerage houses that oversold by 140% and then conspired amongst each other to destroy a business for their own personal profit.
If there is enough money, you don’t have to follow the same laws others do.
Going after the hedge funds for illegal shorts will impact a lot of big money, big names, and political elites whose money is in the funds.
Those same parties are scared, frightened, and worried that the great unwashed found a way to strike them. They are calling the SEC demanding to be protected and made whole.
Just like with the riots, watch who they protect, who they defend, and who they destroy.
It’s was down 105 earlier.
Nothing like a little drama to open some eyes.
Agree, the recognize the problem, but have the wrong solution. The problem is Coroprotism. The answer is reigning in monopolies to let a true Free market florush.
It appears that democrats are not the only ones capable of ‘direct action’. You’re right this is not a bad comparison. In both cases there was an action taken against the established ruling elite. I expect more of the same from different independent groups. They’ve got the signal that if you can get away with it, it’s right.
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