How GameStop found itself at the center of a groundbreaking battle...

So you ought to short GME, if that is your position.

 

Distributed from who's pocket ?
and Redistributed to whom ?
one is a loser the other a winner.

In this case the Parasites took the hit.
But I fear it will NOT end well for many
of the Antibodies who have taken on
the Bacillus - It never dose




.
.

 

No? Why not? Isn't it the free market?

BTW: It's not the hedge funds screwing over the little guy. the RH clearinghouse didn't have enough reserves to cover for the large settlement failure rates. Now, if you advocate for financial institutions having larger reserves, I am all for it. That would require regulation, though, which Trumpers ususally hate.

 

The part in bold hasn't been proven yet.

At this point its just as likely they couldn't meet regulatory compliance rules which say brokers have to hold in reserve enough cash to cover every in & out moving security its trying to execute until posted by the clearinghouse. Trades made by these retail mid-level brokers are far from instant and so they would be required to have enough raw cash to cover every single persons buy & sell orders as they were received -> processed -> posted to the clearing house -> authorized and then finally communicated back to the broker that the transaction was complete. They might have been watching the sheer surge in the volume of orders and realized they didn't have the cash to cover it all at a time of such heavy demand. They might have chosen to a risk management strategy of halting trading during a period of extreme volatility in order to examine their liability. This is perfectly legal btw don't let anyone tell you otherwise, it happens all the time and the SEC even encourages it.

Or, hell who knows, they might have received a call from the White House, who received a call from the Tres Sec, who received a call from the hedge funders who fill her pockets --the very funders hurting right now-, and they really did shutdown just to give the cronies a break. If this theory is even remotely true you can bet your ass we'll never get to the bottom of it. Media and the NY courts will clamp down. GME will vanish from coverage and every case against RH and others will be tossed.

Plus another thing to consider is that these high end hedge funds don't have to go through mid-level brokers when they want to execute trades. They have direct access to the major clearing houses that operate our markets. If they wanted to jump out in an instant they wouldn't have to wait in line with the rest of the buying/selling public.

 

I’m too late for the GME party. I’m mostly a rational long term investor. But I am thinking of putting aside a stash to start playing around with options.

 

No, it is not the same.

RH was protecting the hedge fund billionaires. Period.

 

What? How did the money get "redistributed"? Thats not how the stock market works.

 

Watch OUT ! - Now it's SILVER !
& if SILVER is driven UP - It could
destabilize the whole Rotten Structure

https://www.youtube.com/results?search_query=silver+shaort

 

Why would you buy AMC?

I wouldn’t trust a digital mob on social media to make an intelligent stock pick any more than I would trust a digital mob on MeWe to make sound policy decisions.

The mob is going to lose it’s shirt next week, as the balloon deflates.

The revenge of the shorts should be at hand directly.

 

These hedge funds have already lost thier shirts. The "mob" doesn't care.

 

Yep. There is a lot of pain for a lot of people coming.

 

Note to self.

Don't do short shorts.

 

If I owned it I would be shorting it.

 

Once upon a time I had quite a few founders shares in a very successful start up.
After a few years it became a little cyclical so I started selling short against the box to avoid the ugly tax problem.
It worked real good - most of the time.

 

Hahaha! Sorry but I do not feel bad for the hedge fund folks who lost their shirts....

 

Looks like they are going after Elon Musk for wrong think.

Elon wrong tweets:



And within 48 hours Biden responds with this. Can you imagine that? The most creative man in the country and Biden is trying to take him down using the full force of the federal government.

 

Yeah, Musk is kind of their hero but he sees what is on the horizon. These old school folks are clueless and in for a big shock.

 

Sigh.........Come back next week, after all the suckers in the electronic mob come to the realization that. they paid top dollar and no one is standing there waiting to make them whole. People who make investment decisions based on what some guy in an internet mob shouldn’t expect any better results than the poor dumb fools who found themselves in the middle of an insurrection. Digital mobs are mobs. Period.

 

Meanwhile hedge funds lost billions.....where do you think those billions went?

You really do not get it. GameStop is just the beginning.

 

Fake News. The Big Hedge Funds aren't donating to the GOP with their political contributions.

Economic Equality improved under Trump and all we heard from you folks is about how much you hated his tweets. Let's focus on solutions, not finger-pointing.

TheMostImportantNews.com,

The Depository Trust & Clearing Corporation and the Cede and Company.

It was the DTCC that suddenly jacked up deposit requirements ten-fold which required trading restrictions while Robinhood and other trading platforms searched for cash so they could resume normal trading. They had no other choices. If laws were broken those that were responsible for the decisions need to go to prison, but we all know that if they perceived as being part the Left, they basically have a license to commit felonies without any real harm. Clinesmith, for example, forged evidence in a FISA application so that the FBI, DOJ anyone else with clearance and access could illegally spy on the Trump Administration. He was caught red-handed and will serve community service. Not a single day in prison, not a single dollar in fines.

The root of the current crisis is reckless short short selling by giant Hedge Funds. But they pay off the right folks with political "donations" and "speaking fees" so no one is talking about restricting their exceedingly foolish trading activities.

So blizzard of lies aside, there absolutely was a rational reason for these young investors to crush those shorts.

It was the Clearing Houses: Vlad Tenev himself…

Tenev didn’t name company but Depository Trust & Clearing Corporation is who clears most of their trades: DTCC Wikipedia…

DTCC is supposed to be a neutral participant in the markets, but it isn't.

“For-profit monopolies” are not the "invisible hand."

Omid Malekan…

DTCC is not the top of the pyramid.

The Depository Trust & Clearing Corporation, the National Securities Clearing Corporation and the Fixed Income Clearing Corporation are all managed “under the umbrella” of a shadowy entity known as Cede and Company

This is something to keep in mind as one trades with brokers, you don't actually own the stocks or financial instruments you think you own, they do, what you have a claim against them. So, were they to suddenly go under, you would have the opportunity to pick over the pieces left along with the mile long line of their other creditors.
One or more decision makers at these shadowy entities put an extraordinary amount of pressure on Robinhood and other trading platforms.

Robinhood and other trading platforms will continue to restrict trading in certain stocks as we begin a new week.

You cannot look at what happened and claim we have a "Free Market". Further, just because we won't bend over for Socialistic Authoritarianism doesn't mean we are responsible for the current system. It is our job, collectively, to maintain control of our Federal Goverment, clearly, jointly we have failed. Now you can stand on that side and say:
"Well, if only you would have done everything our way, why we would be fine!" And we can claim the same, but as long as we are split 50/50 and at each others throats we are essentially rendered powerless before The Swamp that is running the show.

We need to find areas of commonality where we can form a 60/40 or better consensus and then hold our elected folks to account until they start listening to us again.

One idea: Every major Administration Official is confirmed by the Senate and clearly the Senate is NOT helping us retain control of our government. The Senate as originally designed was supposed to be accountable to the State Legislatures, but, the State Legislatures struggled with coming to an agreement on who to appoint and it wasn't unusual for States to go without Senate representation because they could not agree on who to appoint, so, the State Legislatures turned this over to the voters, and that fixed that problem, but, created another. Instead of Senators becoming accountable to the people, they became accountable to their political party, so, we have one issue solved and another to solve. Right now if a US Senator hears that one of their State Legislatures is on the phone, or Mitch McConnell/Chuck Schumer is on the phone, they are going to take Mitch/Chuck's call first. The following would help bring the State Legislatures back into the game:

A Constitutional Amendment that allows the State Legislature, on a majority vote, to immediately recall their Senator. The vacancy would be filled by the Gov in the same manner that it is currently handled, until the next scheduled election.

More directly, in terms of regulation, in the course of this I've seen "synthetic" shorts. These Hedge funds "borrow" shares that do not exist, in order to sell them, creating even more artificial down pressure on prices. I'd like to hear a good explanation on why these "synthetic" shorts add stability and clarity to our financial system.

 

They won’t have trouble covering their positions. The GameStop boomlet is over. The price will deflate very quickly as the suckers in the digital mob try and cash out. The boomlet topped out a 483. It’s down to 247 now, after losing 83 points since the opening bell.

As I told you. The mob inspired boom that you’re crowing about has already collapsed. Cue the stories about the fools who bought Gamestop at 400 because some guy on Reddit told them to, getting cashed out for $100, having lost $300.00.

All this idiotic chest beating about beating the “system” only led to the sheep fleecing themselves.

 

Right ON !

Wall Street Criminals
...

& SILVER's NEXT on the WSB's list
& when GOLD & SILVER Go UP


The Corrupt House of Cards built by a Fraudulent un-backed
Fiat Currency will come Crashing Down on everybody's Head
................................................

Gold & Dollar: How Your Money Became Worthless
Currencies Explained | Documentary | Fiat Currency


Be Ready For Worlds Biggest Short Squeeze In Silver
.................................................................... As Reddit Hordes Pile In









/


.

 

LOL! You really do not get it. These guys do not care that they lose money they never had in the first place. And if they do lose a little then so what? The hedge fund folks have been on tv crying about it.

And this is just the beginning. As cryptocurrency begins to replace the dollar the federal government's power to print money will be gone. They can install any phony figurehead they want and print all the useless green paper also.

 

Once they see six figures or more in their trading account, they'll quickly start caring. Greed always wins. Especially with day traders, who are in that kind of business because they want to get rich quick in the first place.

 

Their reward? 2.1 billion in new "financing". Possibly a tip for their efforts.
https://finance.yahoo.com/news/robinhood-raises-additional-2-4-172350684.html