r/wallstreetbets and the market

posted by iclfan2

Lol it lasted about an hour. I won’t hold my breath that anyone is held accountable.

I am happy to work with Republicans on this issue where there’s common ground, but you almost had me murdered 3 weeks ago so you can sit this one out.

Happy to work w/ almost any other GOP that aren’t trying to get me killed.

In the meantime if you want to help, you can resign. https://t.co/4mVREbaqqm

— Alexandria Ocasio-Cortez (@AOC) January 28, 2021

Mind numbing .........  un-armed people roaming around with flags wanting to voice their opinion to members of congress .......is now attempted murder.  Of course she only has 9 years left anyway, given catastrophic climate change.

People were armed. A security guard was murdered. These are facts. Enjoy!

r/wallstreetbets is back. They actually weren't shut down by reddit, they went private on their own.

This is an interesting post:

https://www.reddit.com/r/wallstreetbets/comments/l7bpf5/30_seconds_from_triggering_market_nuclear_bomb/

🤡🌎:

- Citadel received $200 million from taxpayers money in 2008 bailout.

- Bernanke, who granted the bailout, now works for Citadel.

- Citadel paid Yellen nearly $1 million “speaking fees”.

- Yellen now advices Biden on the GME situation where Citadel was losing on shorts.

— Ben Kaufman (@_benkaufman) January 29, 2021

So what is the endgame of this? I get the initial reasoning was to hurt the short sellers, but what is next? Once people stop buying, and the people who made the most get out of their positions to cash in, causing everyone else to try and get out to not lose a bunch, won't the stock eventually return back to where it was holding prior?  

posted by justincredible

🤡🌎:

- Citadel received $200 million from taxpayers money in 2008 bailout.

- Bernanke, who granted the bailout, now works for Citadel.

- Citadel paid Yellen nearly $1 million “speaking fees”.

- Yellen now advices Biden on the GME situation where Citadel was losing on shorts.

— Ben Kaufman (@_benkaufman) January 29, 2021

this is the exact reason we need to purge DC from these career politicians......it was also the reason why DC hated Trump

posted by Spock

this is the exact reason we need to purge DC from these career politicians......it was also the reason why DC hated Trump

Trump has spent his career with these people. He never gave a rat's ass about flyover country until it suited him. He's as swamp as the rest. 

Pocahontas protecting the hedge funds. 

Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it's doing to prevent market manipulation. https://t.co/NWaZe1jFVb pic.twitter.com/MAbjHcq47i

— Elizabeth Warren (@SenWarren) January 29, 2021

posted by justincredible

🤡🌎:

- Citadel received $200 million from taxpayers money in 2008 bailout.

- Bernanke, who granted the bailout, now works for Citadel.

- Citadel paid Yellen nearly $1 million “speaking fees”.

- Yellen now advices Biden on the GME situation where Citadel was losing on shorts.— Ben Kaufman (@_benkaufman) January 29, 2021

LOL at all the Bernie dipshits, that fell for Biden's pandering.

And to those who fell for Warren.

posted by iclfan2

Pocahontas protecting the hedge funds. 

Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it's doing to prevent market manipulation. https://t.co/NWaZe1jFVb pic.twitter.com/MAbjHcq47i

— Elizabeth Warren (@SenWarren) January 29, 2021

She is such a fraud.

posted by iclfan2

Once people stop buying, and the people who made the most get out of their positions to cash in, causing everyone else to try and get out to not lose a bunch, won't the stock eventually return back to where it was holding prior?  

Yes.  As usual, the suckers that come in at the end will basically be funding the gains for everyone who got in at the beginning.

Wouldn't surprise me if the biggest and earliest pushers for this weren't playing a classic pump-n-dump scheme and were just hoping enough people bought to push it up like 25% or something.

It's brilliant, really.  In today's environment, there's so much animosity and disgust with Wall Street and Rich People that average schmuks voluntarily torched their money on a completely transparent ponzi scheme.  It may not be as much fun when their $2000 paper gain turns into a $2000 real loss.

Hey these hedge fund fat cats that got cleaned by GameStop can just go get jobs building solar panels. 

posted by QuakerOats

Hey these hedge fund fat cats that got cleaned by GameStop can just go get jobs building solar panels. 

They should learn to code.

Charles V Payne

@cvpayne

Google removed 100,000 negative reviews of Robinhood from the Google Play app store after justifiably angry users sent a flood of critical reviews that caused the app’s rating to plummet on Thursday. It's not just the markets that are manipulated... https://t.co/CvY3yQ2Xrm

— Nick Short (@PoliticalShort) January 29, 2021

posted by gut

Yes.  As usual, the suckers that come in at the end will basically be funding the gains for everyone who got in at the beginning.

Wouldn't surprise me if the biggest and earliest pushers for this weren't playing a classic pump-n-dump scheme and were just hoping enough people bought to push it up like 25% or something.

It's brilliant, really.  In today's environment, there's so much animosity and disgust with Wall Street and Rich People that average schmuks voluntarily torched their money on a completely transparent ponzi scheme.  It may not be as much fun when their $2000 paper gain turns into a $2000 real loss.

So I don’t know shit about fuck when it comes to this stuff. I’ve tried to do some reading over the last day or two and think I understand a little bit but this was what I was thinking. You should check out the subreddit on it. Just a ton of goofballs blowing their paychecks on a share or three and thinking next week they’ll be cashing in when it balloons to thousands. And like I said, who am I to judge anyone as I’m as clueless as can be. But I really got the sense the party was already over for people coming in buying a share for $350 or whatever it was today. But it’s been really fascinating to watch.