Posted on 01/29/2021 6:14:31 AM PST by Kaslin
Then trot out a bunch of the commentators on CNBC to chant "Hedge funds good! Reddit bad!"
Where are the SWAT Raids??
Where are the Perp Walks??
Where are the ASSET FORFEITURE Proceedings??
Robinhood,Ameritrade,.. and all the other trading apps, including the Hedge Funds themselves, and ANY OTHER ENTITY that played a Part in this Massive FRAUD AND THEFT needs to be ARRESTED, PROSECUTED and ASSET STRIPPED Immediately.
These people STOLE 50% of the Little Guy Investors Money IN BROAD DAYLIGHT and No5thing has happened yet. WHY??
A Robinhood employee says Tenev received calls from the White House and Sequoia Capital to place restrictions on trading GME.
Folks,
The stock market is not what it used to be. Profits and management.
It is about as good a a lottery ticket. The only thing it has going for it is inflation. lots of money chasing few stocks.
It is important to understand that Robinhood despite its populist posturing was in collusion with the hedge funds. It sold them important trending data that helped them immensely with their short and long targets. When the users of Robinhood and other platforms dramatically ran up the stock of Gamestock, a stock that the hedge funds had immensely shorted, it literally caused those hedge funds to have monumental losses and go broke. The hedge funds did all they could tapping their paid politicos in the white house and forcing Robinhood to self destruct by preventing buy orders and allowing only sell orders. The hedge funds were desperate and countering any way, however illegal and immoral, that they could. They were successful in mitigating some of their losses but most took a huge hit and some are in fact bankrupt. Yet unless there is real legislation limiting their scams, they will reformulate and return. Given the amount of money they give the politicos, it is highly unlikely that there will be any legislation or criminal prosecutions. Friendly judges will quash the civil suits.
The hedge fund was out to make money... the WSBs were out for blood! O’ by the way you cannot short blood......
I *think* gamestop is halted. Everything else is updated but $gme’s been still for 6+ minutes now.
Nevermind, it’s back going
fascinating!
Yeah, they seem to be doing that. Stopping and starting. I hope a lot of billionaires are wiped out ASAP.
Let me check with the local blood bank. If I can borrow a pint, I can drop by the local blood mobile give that and get a couple of cookies and some orange juice...
Closing out the short may be a little difficult if I just bring in a ziplock bag of blood to close out my short position.
The Wimpy plan.... “I’ll have a hamburger, for which I will gladly pay you Tuesday.”
bfl
Thanks for posting. This is a very well written commentary on the whole picture of what is happening with the Gamestop issue.
My son used to buy games from Gamestop, there is store a couple of miles from our house. Or sometimes he bought some at the Fort Campbell, KY AAFES mall when I took him in.
Especially the leftwing. It would serve them right.
“Thanks for posting. This is a very well written commentary on the whole picture of what is happening with the Gamestop issue.”
Yes, thanks for posting Kaslin. This article explains in simple, easy to understand terms what is going on.
“Thanks for posting. This is a very well written commentary on the whole picture of what is happening with the Gamestop issue.”
Yes, thanks for posting Kaslin. This article explains in simple, easy to understand terms what is going on.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.