Share Tweet PShare Email Print STUNNING: Reddit Shuts Down WallStreetBets Subgroup Temporarily — Blames Racism and Hate Speech — After Rookie Investors in General Public Make Money Causing Hedge Funds to Go Bust

https://www.thegatewaypundit.com ^ | By Jim Hoft | January 27, 2021 at 7:18pm

[Mouton]

The point is the large trading groups are allowed to manipulate the individual stocks but the small investor is a chump and not allowed to do it. In the instant case of game stock, how does one short sell more shares then are listed for trading?? Technically you have to deliver shares to the buyer and borrow them from someone else. How does one borrow them when they are all allegedly already committed?? Because it is all a joke, just journal entries in the esters of trading platforms. This time they got trapped. But the SEC steps in to protect the hedge guys. The outcome will be those holding the options will get killed as they drop to zero, the short guys will cover their shorts as the stock plummets and all will be right in the “game”.

[Red Badger]

"TURN THOSE MACHINES BACK ON!!!!!!"..................

[SGCOS]

this \will be interesting to watch today..

and to see how quickly our gov't will try to squash 'the little guy'...

[riri]

They also know, many of them and more growing every day, what was stolen from them.

I know, I read their stuff and have for years. I feel their angst because I know what was stolen from them. They longingly look back to the 80-90s and revere anything they can from those times. They post pictures, buy up the fashions and brands from that era. when I talk to them they ask, "what was it like?"

They aren't stupid, they are piecing it together.

[RushIsMyTeddyBear]

I’m getting a crash course right now. Somebody I know is playing it.

[SES1066]

In 1775, Samuel Johnson, a poet, playwright, essayist, moralist, literary critic, biographer, editor, and lexicographer, wrote a pertinent descriptive on how patriotism is used as a shield; “Patriotism is the last refuge of a scoundrel.” In the centuries that has followed, this has remained a truism because patriotism is (was) an esteemed virtue and thus can shield a 'scoundrel'!

Notice the contemporary change as a sign of significant social shift. Patriotism is deprecated and devalued by our civil masters. That shield is readily pierced, nay destroyed, by the spears and arrows of charges of 'racism' and 'hate speech'. Curiously these charges have little apparent need for fact or probity, thus easy to throw and effective for the use!

[T.B. Yoits]

The world owes President Trump a debt of gratitude for how he got all these frauds to expose themselves. The lies are exposed and the trust in false people and institutions is gone.

Now that they've accepted the truth that the deck is stacked against them, they can adjust accordingly. Young people in particular will not accept the liars telling them that being born into astronomical debt is their problem and that they have to live with it.

[BiglyCommentary]

Some of the brokers restricting buys are just trying to protect their own self interests. If some naive noob trader blows out his account, the commissions stop.

[MayflowerMadam]

Thank you. I will try to understand this. (Why should our financial advisor have all the fun, right?) Besides, I need a new subject to learn for brain health.

[okkev68]

and they were trying to drive the price down and got caught.

[cuban leaf]

I see it as more of an allegory of the world of the present and recent past. You’re right about it not being nuanced, though. There are some troubling themes in it that I just skim over, that’s for sure.

[JonPreston]

Anything that the elite and big money cannot directly control and lord over is reported as “hate speech” “white supremacists” and “racist” - trading platforms are limiting, or not allowing stock trades, especially AMC. E*Trade allowed me a small purchase this AM, and I’ve been rewarded.

[Presbyterian Reporter]

Gamestop is now up $5 in regular trading.

It is going to be a wild day.

I noticed that my online brokerage account is slow to update the price/volume data on GME today.

[Red Badger]

Loose the dogs of war and cry RACISM!.......................

[joma89]

I just trust the hedge fund really did lose everything.

[Red Badger]

One word:

DERIVATIVES.........................

[allendale]

BTW, the hedge funds donate heavily to the Democrats. They do not want the Justice Department, Commerce, Treasury or even state Attorney Generals examining what they do too closely.

[sarge83]

I have a progressive friend as she likes to call herself that tries the racism/white supremacy BS in our arguments and I have flat out told her we’ve known each other for 30 yrs. and you know I am not a racist or white supremacist so when you go there and play the race card you’re going to get the eye roll of derision in person or if online the House eye roll and I know I have won the debate.

She’s currently barely speaking because she is very proud of the fact that she claims to be a student of history and I got her to admit that if she is a true student of history she knows what communism always does to a country, the brutality, the murder and crushing of freedom and the human spirit and that the Democrat Party is pushing this ideology.

[BiglyCommentary]

If the big players sold naked puts without any out of the money calls as a guaranteed stop loss, then these sharp price hikes are destroying them. Severe pain.

[Red Badger]

They have been playing this game for decades.

Somebody finally read the rules......................