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

It has no effect on the company whatsoever...

But, there are plenty of other ways to drive a price down.

The 1% thought they were smart and shorted the initial bump after a new name was announced to their board.

Turns out, they ****ed themselves royally.

And, again, they could have taken their losses on the chin like grownups, and moved on with their life; but they won't. There's too much money involved. We're talking tens of billions of dollars.

And they want to keep every penny.

https://www.thebalance.com/how-to-l...ingshot Effect,at a significantly lower price.

 

We still banking on the little guys getting crushed when the price falls? Lololol

The 1% can take their losses and it'll all be over.

Let's see if they do.

 

What did Warren say that makes you think she is on the "Public-Private Oligarchy government's side?" She explicitly said she wants everyone to be able to be able to trade, and that she wants an honest market.

 

You mean a Chinese national, with ties to the Communist Party, and former co-orchestrator/participant/benefactor to a massive ponzi scheme, is throwing his weight into a phony 'movement of the people' scheme that has the very real potential of doing hundreds of billions of dollars of damage to the American market?!?

/gasp/gasp/gasp/gasp/gasp/gasp/gasp/gasp

 

oh please... she's Soros funded....she has a hedgefund boss

 

These people don't even know where they stand on this issue, because they have no principles. They somehow think that they are on the side of the "little guy" because RW trash blogs told them so. Every single Trump fan on this thread sounds like a socialist.

That's what you get when you tie your wagon to a man instead of principles. You can fly your flag where ever the Trumper wind blows.

 

She's exactly right. What is your problem with her tweet?

 

Go to her twitter she is on the side of the Hedge funds... See it for yourself.

 

Beyond the fact I don't believe her, nothing.

I was just showing the poster her exact words.

 

The most ironic thing about this whole situation?

The hedges are DYING to short the stock before the price drops. If it does, they'll continue to short it.

 

And?

 

I don't see anything indicating that. *shrug*

 

What part of what she said do you not believe, exactly? I swear, getting folks to be specific in their criticism of politicians is like pulling teeth.

 

Lol "Big Tech". I love it when you can create a handle that now encompasses anyone who needs to be in the group.

I'll bet RH was never considered "big tech" prior to all of this.

Also, financial institutions are massively different then a social media company. They have a fiduciary duty to their paying clients.

If a bank closes your bank account tomorrow and keeps your money, would you have the same view of "big tech" (which now encompassed banks because they use technology to provide you service?)

 

Lol indeed.

Big Tech refers to facebook and twitter, etc running their businesses as they see fit. I agree with that and you probably do too.

But when RH runs their business as they see fit, you apparently have a problem with it. Go read RH's terms of service that users agree to when signing up for the service and let us know what you find. And RH is free for investors to use. RH's actual customers are those who pay RH to advertise, those who buy investor info, and those who buy real time data on investor activity. RH looks out for itself and its customers, not the traders who use the free application.

The terms of service at a bank don't allow them to close accounts and keep people's money. So that is just ridiculous.

 

The hedge funds are gambling with your stocks that you own and never gave permission to use. Either you didn't realize it, or you only care when its done by the little guy. I have no issues government banning borrowed short sells after this. Heck, I even support eliminating day trades all-together so that people actually have to take on the risk of the company instead of gambling market swings. If people want to bet, they can do it on the side or outside the market. We don't need it. I am buying a stock of GME to donate to the cause.

 

This. It's also incredibly troubling to see government vow to use judicial power to essentially protect financial competition. This means that lobbying and special interests have an even more perverse effect on our government. The collusion between Biden/Yellen and these corporations is like that of Moscow, Russia and the gangsters. It won't be too long now before we see more and more of this influence.

 

Not sure what she said specifically. "Warren" started trending on Twitter yesterday. Overwhelmingly, comments put her in the pocket of Wall Street and there are lots of snake memes (people calling her an Establishment snake).

Examples:

 

You should know by now that Trump is neither a Republican nor Democrat. America First principles are about helping the little people with more jobs and a return to true free market capitalism, not this crony capitalism that the Public Private Oligarchy has constructed for themselves. If that's "socialist" to you, then you've invented a new definition for the word.

 

I think anything that makes hedge fund bullies and manipulators have to think twice about what they are doing helps level the playing field. That is good for the average Joe, which is most of us.

 

I'm disappointed to see Warren's position on this controversy. It appears she has sold her soul to the Devil.

Otherwise, it seems the hedge funds have been hoisted on their own petard. I'm happy to see that.

 

So now Citron is going to stop telling people which stocks they are shorting.







https://www.vice.com/en/article/bvx..._medium=social&utm_source=motherboard_twitter

 

No, they'll still publish it...

They just won't publish it publicly.

 

Do you ever wonder why the top 1% Wall Street guys and hedge fund managers got the biggest piece of his Trump tax cuts, which your children and grandchildren will have to pay for?