Posted on 01/28/2021 9:50:21 PM PST by TheDon
Ok. So the restrictions are on margin calls. N9 restrictions on buying or selling in a regular account.
What I am seeing here is that ONLY the predatory BIG players are allowed to artificially influence the market, regular folk, no matter how numerous, are to simply allow their betters the control of all trends, because WESAYSO.
Is the worm possibly turning, finally? I doubt it, but it is a nice comforting thought
Eat your peas
And the 2020 "election" was TOTALLY legit, too...
they're not even pretending any more...
Got my butt burned trading on margin 20 years ago.....not doin’ that again.....no, no, no.
Gamestop / Hedge Fund - bump for later.....
Yup. They stopped the vote to rig it. Now they do the same in trading.
GME up 61% in overnight futures after trading restrictions (somewhat) eased. Clear proof of collusion.
Oh boy, this is going to be fun.
Word is spreading that the Dementia Joe puppet masters are making calls and pressuring Wall Street to shutdown the Day Traders. At the request/demand of Wall Street and that those calls are frantically going out.
Rush discussed this at length today and correctly called it for what it is. The Elite are quite upset that the hoi poloi average Joe Day Traders are using the rules the Big Hedge Funds have used to enrich themselves against them.
Don’t fool me with that.
Schwab is the critter than
acquired my TD account.
2 questions:
1. Why would "other investors" in the description above, let the HF "borrow" the shares - why wouldn't they just sell at the initial high price and pocket the money? Guess I'm not understanding the short-selling process.
2. Why is this such a big story? Isn't GAMESTOP a shrinking, tiny outfit? Like Blockbuster videos was? This isn't a company like Toyota or Microsoft, we're talking about. I don't get it...
Systemic Shorting
The stocks themselves don’t matter. Both sides are manipulating the rules of the trading game to benefit themselves. The dispute is that the big guys are losing the manipulation game so they are pulling strings to gain back their advantage. It’s all about the Benjamins. As far as the stock is concerned it could just as easily be Blockbuster. It just happens to be Gamestop.
“It’s afraid...”.
To answer #1. The reason why they would borrow out shares is because they think the price will go up. In a scenario where they borrow 100 shares at $10.00 per share they lose $1,000.00 right away. However if when the stock is returned the price is $15.00 per share they now have a stock value of $1500.00.
The HF tried to destroy this company, as well as, AMC and others by shorting all of their shares. The little guy thought this was unfair ganging up on companies, particularly, those hard hit by covid, such as AMC. The little guys fought back by purchasing shares in those companies, some stocks soaring hundreds of percent, if not more. The HF were outraged that the little guys were making money off of them and not the usual other way around. One HF almost went bankrupt, if not for an infusion of 2.5 billion in cash on Wednesday. This is epic. There will be books and movies for years about this.
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