Reddit Trolls Wall St. Hedge Funds, Buying Up GameStop Stock

Krugminator2 said:
Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased.
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I think the buyers were willing to lose money and didn't want Robinhood to decide for them if that was a bad decision or not.

That said, what Robinhood did may well be something they reserve the right to do in the agreement that all their customers have to enter with them. If so, and moves like that help Robinhood mitigate its own losses, then I don't see the problem. People who use Robinhood for the very low fees should be prepared for the less visible ways Robinhood makes money off them.
 
Krugminator2 said:
Brokers restrict tickers all the time. Usually it is restricting shorting but sometimes they are restricted outright.

The same people complaining about Robinhood managing risk are the same people who would whine and call for jail time if Robinhood blew up over this.

Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased. The odds of the stock falling today were roughly 100%. Brokers aren't dummies. Their customers who would have blown up left and right if they let them open.
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If you keep telling yourself that maybe you will believe it. Robinhood was in bed with the hedge funds and did this for their benefit.
 
oyarde said:
silver swung as much as 1.81 today , up then back down .US economy contracted in 2020 by 3 1/2 percent , worst since 1946 with only a 4 percent growth in 4th quarter with the Christmas bump . Biden is hard at his terror war on energy while pushing 2 more trillion in debt on stimuli. makes no sense that silver would be below 26 .
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Yeah I saw the early swing, I was watching it to see if the reddit bros are going to try and drive the price up. Nothing so far. I would feel a lot safer riding a rally on silver than gamestop.
 
Establishment Guide to Bubbles:




Do it like this,

b0efe-frogboiling.jpg





Not like this, especially if initiated by the unwashed peons.

rocket_launch_rocket_takeoff_215547.jpg
 
Krugminator2 said:
Oh brother.
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What is the narrative?

There are two sets of rules, yes. "Accredited investors" vs. joe-schmoe on RobinHood. RobinHood is doing it's job, got it.

But what is the narrative? No one is talking about what you're talking about and no one is talking about derivatives trading being at the core of the 2008 crisis.

The narrative is "hypocritical hedge fund wall street fat cats vs. underdog day traders 'beating them' at their own game."

So question...

Are the conditions that led to 2008 still present (financial institutions over-exposure to risky derivatives trading)?
Is it worse or better than 2008?
Are the actions of the Fed making it worse or better?
 
Occam's Banana said:
AHHHH-HAHAHAHAHAHAHA!!! What a frickin' clown show ... <*me: munches some more popcorn*>

https://twitter.com/wokal_distance/status/1354856351827038208


https://twitter.com/AOC/status/1354848253729234944


https://twitter.com/AOC/status/1354852019023052801
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This is what happens when psycho b*tches gain political power.
 
Krugminator2 said:
Brokers restrict tickers all the time. Usually it is restricting shorting but sometimes they are restricted outright.

The same people complaining about Robinhood managing risk are the same people who would whine and call for jail time if Robinhood blew up over this.

Robinhood saved their customers buying this stock a lot of money today by not allowing stock to be purchased. The odds of the stock falling today were roughly 100%. Brokers aren't dummies. Their customers who would have blown up left and right if they let them open.
Click to expand...

Ah, so not so free market is good. Certainly they stop trading entirely on some stocks for various reasons occasionally, but allowing some people to trade and others are locked out? There is no justification for that.

But it’s a great precedent. “We are not banning gold, we are just mandating that retail investors can only sell gold, and can not buy any.”
 

https://rumble.com/vdctvn-charles-p...e-fund-billionaires-over-gamestop-uproar.html
 
Brian4Liberty said:
[foobar]
Click to expand...

Rumble videos are not embedding correctly using the code from the URL.

This code is not working: [rumble]vdctvn[/rumble]

Instead, use the code from the embed popup - see this post.

This code works: [rumble]vaqnoz[/rumble]

 
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WHite House is monitoring and DC politicos are jumping in, making it a major political story.

Lawmakers from AOC to Ted Cruz are bashing Robinhood over its GameStop trading freeze

Thu, Jan 28 2021 4:25 PM EST
Key Points


  • AOC, Ted Cruz, Ro Khanna and other lawmakers criticized Robinhood after it restricted trading in GameStop and other companies targeted by the irreverent WallStreetBets Reddit forum.
  • Rep. Rashida Tlaib, D-Mich., a member of the Financial Services Committee, called Robinhood’s move “beyond absurd” and demanding a hearing on “Robinhood’s market manipulation.”
  • The White House has said its economic team is monitoring the situation.
  • The Democratic leaders of the House Financial Services Committee and the Senate Banking Committee said they would hold hearings.
 
Once those marxist retards in congress start regulating and rule making the stock markets I'd bet against stocks for five years minimum.
 
Occam's Banana said:
Rumble videos are not embedding correctly using the code from the URL.

Click to expand...

Hey Charlie! It looks like someone lost a bet. Happy New Year!


XNN
 
The silver lining of today's blatantly criminal behavior is that the bankers just gave everyone a head's up sneak peek of what they'll do when the Reset really starts. Instead, it won't be a relatively small amount of retail stock traders getting locked out while their winnings/earnings disappear. It'll be everyone's bank accounts. "Sorry, technical difficulties. Please try to access your account later. For support, call 1-800-FUPLEBS. We'll be happy to disconnect your call in a timely manner."

Why y'all think they're shutting down bank branches? The ones that aren't completely shut are slowly closing their lobbies down and putting the entrances behind double secured doors. The last few that still have lobby hours now have armed security posted at the doors. Cash being pulled from circulation. Coinage "shortages" due to viruses :rolleyes: They're going to "Robinhood" everyone.

(And it sure as hell wasn't just Robinhood today, even though the media is attempting to make it all about Robinhood. My piddly trading account with Ally Invest was locked out entirely for most of the last two days. My crime? Holding one share of GME. I must have been labeled a "potential banker's Hamptons mansion security threat")


Brian4Liberty said:
Ah, thanks for that correction. A TV news discussion was very vague and lumped AOC in with Pelosi and Yellin. I suppose their point was that all of the politicians agree that this is a job for them. A stock goes into a bubble, and it’s like Pearl Harbor. :rolleyes:

Edit: And I agree. Brokerages saying you can sell but not buy, or vice versa, is blatant market manipulation. And who is buying when only “selling” is allowed? The brokerages? Their hedge fund buddies.
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This is how the Chinese stock markets have been run for years. The Party decides what the people can or can't do in the markets on a daily basis. Looks like a down day is brewing? Restrict selling. A Chinese WSB moment forming? Restrict buying. The Party apparatus never loses, since brokers and banks are state-owned. Most likely some of any individual person's trading ability is connected to their social credit score, also. This is already a socialist country and has been for a long time. The mask is coming off during the transition to communism.
 
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devil21 said:
...
This is how the Chinese stock markets have been run for years. The Party decides what the people can or can't do in the markets on a daily basis. Looks like a down day is brewing? Restrict selling. A Chinese WSB moment forming? Restrict buying. The Party apparatus never loses, since brokers and banks are state-owned. Most likely some of any individual person's trading ability is connected to their social credit score, also. This is already a socialist country and has been for a long time. The mask is coming off during the transition to communism.
Click to expand...

That is interesting, seeing as China is the model for our crony kleptocrat globalist oligarchs. What did Nancy Pelosi’s husband do today? Buy some Gamestop?
 
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