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Exchanges Ban Trades, Biden Administration ‘Monitoring Situation’ After Reddit Drives Wall Street Hedge Funds to Brink of Bankruptcy in Gamestop Short: Bankers are absolutely furious with the market's first populist uprising
National File ^ | 01/27/2021 | Jack Hadfield

Posted on 01/27/2021 6:50:03 PM PST by SeekAndFind

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To: Alberta's Child

Are they jumping out of windows yet?


61 posted on 01/27/2021 7:39:44 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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To: xp38
It has to look accidental.

Out the window is not.

62 posted on 01/27/2021 7:40:15 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: PGR88

That right there is why a lot of these kids are going to be charged with hate crimes


63 posted on 01/27/2021 7:40:57 PM PST by redgolum (If this culture today is civilization, I will be the barbarian )
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To: AnotherUnixGeek

exactly! Sounds good to me.


64 posted on 01/27/2021 7:41:26 PM PST by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: HereInTheHeartland

Nothing wrong with poor people investing. But these kids are gambling .


I agree they are gambling, but so are those hedge funds that:

Take a huge short position in a company, then
Issue a report trashing the company, in an effort to drive the stock price down, thus making their short position very profitable.

The funds are also gambling, but they are doing in with a stacked deck, courtesy of corrupt politician who have set up the system to benefit the funds, in exchange for massive campaign donations. These politicians are in both parties.


65 posted on 01/27/2021 7:44:58 PM PST by doragsda
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To: doragsda

The kids aren’t gambling. They are on a jihad. They are sending a message. It’s the autistic version of walking through the Capitol and making Congressmen hide and cower in fear.

It’s really pretty funny.


66 posted on 01/27/2021 7:47:31 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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To: redgolum

I’m convinced that so much of the political, financial and legal machinations we have seen in recent years — and accelerating in recent months — has been driven by political and media elites who outraged to the point of insanity at the realization that most Americans have nothing but utter, dismissive contempt for every government, media and financial institution in this country.


67 posted on 01/27/2021 7:52:15 PM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: All

The goal is to destroy the hedge fund Wall Street bailout Biden backing scumbags and it was working.

Naturally to “protect small investors” they had to step in and stop it. The small investors put in their 100 or more just to watch the system burned.

Look for other anti-MAGA players to be targeted for economic destruction as well.

But this shows how yet another American institution is a totally rigged fraud. Hedge funds lost billions and called up their political puppets to step in.

More fun will be the billion dollar suit against the Trump-hating Reddit (who banned The Donald last year).

This isn’t investment. This is like the scene in the Dark Night where the Joker lights all the cash on fire.

Some men just wanna watch the world burn...


68 posted on 01/27/2021 7:55:50 PM PST by TigerClaws
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To: Mom MD

And they don’t care. They did this as an action of destruction. Destroy the hedge funds and Wall Street.

The fact it many money was a side effect.

But now the politicians will step in to rig the game and bailout the big boys who own them.

Remember, Wall Street teamed up with China to defeat Trump. You can’t beat the Dems until you dismantle every institution that supports them.


69 posted on 01/27/2021 7:57:36 PM PST by TigerClaws
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To: SeekAndFind

70 posted on 01/27/2021 8:00:05 PM PST by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
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To: DesertRhino

Exactly. It’s pushing through the doors and taking selfie’s with the George Washington statue.

The institutions that went after Trump can be taken down by moves like this. Many more plays to come. We have to fight an intellectual non military guerrila war. Hit and move. Next target. Then the next.

Maintain pressure and then our Tet Offensive is Trump 2024.


71 posted on 01/27/2021 8:00:55 PM PST by TigerClaws
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To: hinckley buzzard

True, but each person (that’s the difference) will lose a couple hundred bucks. Theses are very small positions per person


72 posted on 01/27/2021 8:01:58 PM PST by Alpacalady
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To: DesertRhino

It IS hilarious.

(They still gotta sell, tho :)


73 posted on 01/27/2021 8:02:58 PM PST by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: SeekAndFind

I’m in a stock called UWMC (United Wholesale Mortgage). Just watched the shorts methodically drive it over a couple weeks from $13 to $9.15 this morning before it finally popped up a little. I have no sympathy for the Hedge Funds. They are heartless thieves.


74 posted on 01/27/2021 8:03:27 PM PST by DaxtonBrown
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To: SeekAndFind

Monitoring the situation=waiting for the checks to clear


75 posted on 01/27/2021 8:05:20 PM PST by The Antiyuppie (When small men cast long shadows, then it is very late in the day.)
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To: SeekAndFind

Janet Yellen is NOT the first female Treasury Secretary, that was Bay Buchanan


76 posted on 01/27/2021 8:06:37 PM PST by McGavin999 (biden is not my president )
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To: SeekAndFind

This is one of the most pleasurable things I have ever read about hedge funds in my entire lifetime. So few people know how hedge fund employees think and work. If they knew, would, um, meet them in the parking lot and, er, ____________________________________________________ them.


77 posted on 01/27/2021 8:07:02 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: DesertRhino

It was just a little Cancel Culture for the elites to enjoy.


78 posted on 01/27/2021 8:08:10 PM PST by Betty Jane
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To: DesertRhino
Lol, do you have any idea how much fun losing 280 bucks is if you know that you and your friends utterly devastated the short selling low life funds to the tune of billions?

That's the point. The /wallstreetbets membership jumped up by something like 750,000 people today. And remember, many of them just got $600 in helicopter money from our friends in DC. So that's about 450 million dollars to play with.

The hedge fund owners are up against a crowd of individual speculators who mostly couldn't care less if they lose their investment. For them it is an experience, and one which will make a lot of money for some of the cleverest of them.

79 posted on 01/27/2021 8:08:38 PM PST by freeandfreezing
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To: RummyChick

I LOVE this guy simply LOVE HIM!!! He has the balls of a bull and is a PRIZE FIGHTER!!!! GO DAVE KICK SOME ASS!!!


80 posted on 01/27/2021 8:08:57 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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