Posted on 01/28/2021 7:05:01 AM PST by ConservativeInPA
On now if interested
(Excerpt) Read more at pandemic.warroom.org ...
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I missed the program. What did Bannon Say?
GME is like BlockBuster...Tech outpaced them and blew up their biz model.
Basically Wall Street hedge funds with short positions were attacked when a populist up rising occurred and took long positions, driving the price up. Then the Wall Street types changed the rules to save their butts. It is corrupt. Nothing wrong with short positions, but the percentage of shorts were greater than what technically allowed. Wall Street was trying to drive Gamestop out of business, and other firms too - no fundamentals involved, just to take a profit and hurt small investors in the process. The small guys are fighting back, using online forums to coordinate their long positions.
Excellent! Thank you. Did Bannon say he agreed with the Populist position?
What’s Bannon saying?
He’s a former market maker before he went Hollywood
Rush is on today God love him
He’s amused ...and sounds happy hedge short specialists are getting a lesson
He finds the lesson to be how the establishment is reacting ...more heavy handed big tech
He also mentioned a first to me
This is a 5-6 month operation
And though Reddit monks started it
What got it really going though is other establishment investors jumped in with the Reddit monks and that is when it took off recently
It got noticed by other big boys essentially
Establishment will shout collusion is my guess
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