Dank Memes VS Wallstreet

Roses In The Vineyard

Roses In The Vineyard

Well-known member
MBTI
INFJ
Roses In The Vineyard said:
Some of the hedges are getting memed into bankruptcy after shorting Gamestop and AMC.
https://www.nytimes.com/2021/01/27/business/gamestop-wall-street-bets.html
https://www.cnbc.com/2021/01/27/gam...short-bets-scrutiny-of-rally-intensifies.html
https://www.cnn.com/2021/01/27/investing/gamestop-reddit-stock/index.html

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They're going to reclassify this as a form of terrorism eventually lol. Hedgefunds are too powerful to let this bullshit continue.
 
philostam said:
Looks like this is actually illegal (pump and dump scheme).

View attachment 76143
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If they dump it, perhaps. I am not sure that's what is happening here though. There's a class action lawsuit open and Congress somehow has managed to unify and is on the side of the retail traders, so I am very curious to see how this plays out.

I think RobinHood (Citadel), CNBC an the hedge fund reallllllllllllllly fucked themselves up if I am understanding everything that's happened so far.
 
SpecialEdition said:
Also, it's being reported that Citadel reloaded their shorts and then told RobinHood to stop trading GME. They're fucking up bad. I guess they're not used to being caught manipulating the market.
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Unfortunately, it looks like Robinhood is selling people's stocks without their consent.
 
Guy above says take the money and run but I think too many people are too fucking pissed and they will hold out for a while. I'm very interested to see if this guy is right or not.
 
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