Reply
  • Jan 28, 2021
    Womanpuncher69

    what you think is gonna be the fall out on this?

    Nothing substantial. Best outcome at this point is a successful class action lawsuit against Robinhood and the other platforms that engaged in this. They’re gonna fall on the dagger for Wall Street.

  • Jan 28, 2021

    Bought a few shares of GME through my Chase investment portfolio

    Probably gonna transfer my Robinhood account to TD Ameritrade soon (I know they were restricting earlier in the day as well, but I've been wanting to take off the training wheels for a while anyway, and TD has their own clearing house not Apex)

  • Jan 28, 2021
    eye contact
    https://twitter.com/bullinvestpr/status/1354853566360539136

    They gave up on hiding the f***ery now

  • Jan 28, 2021

    keep in mind: it’s only illegal if they go to jail. and no one will see prison because of this. the wealthy set the rules and leave the rest squirming in the mud

  • Kr0niic ☘️
    Jan 28, 2021

    Never seen a subreddit grow this fast since the fappening

  • Jan 28, 2021

    the rich have class solidarity, do you?

  • Jan 28, 2021
    ·
    1 reply
    FlyMx

    I’m still muddy on what actually caused all this mayhem today

    a number of trading platforms halted sales on popular stocks, hid different stocks from search, and even sold people’s shares without authorization to prevent various parent finders and billionaire hedge funds to pull out their shorts before retail investors could squeeze their shorts to the point that these funds go bankrupt

    this is highly illegal and there may be SEC collusion and the biden admin hasn’t commented on it

  • Jan 28, 2021
    ·
    1 reply
    POOM POOM DOOM

    I only have the faintest of passing understanding of what's going on here, can someone give me the jest?

    Are we basically watching the complete collapse of the stock market?

    no but this is extreme disillusionment

    people from both wings are arriving at the conclusion that the rich are a disease

  • Jan 28, 2021
    ·
    2 replies
    eye contact

    no but this is extreme disillusionment

    people from both wings are arriving at the conclusion that the rich are a disease

    OH YAY! WE'RE GOING TO EAT THE RICH

  • Jan 28, 2021
    ·
    2 replies
    POOM POOM DOOM

    I only have the faintest of passing understanding of what's going on here, can someone give me the jest?

    Are we basically watching the complete collapse of the stock market?

    Basically some hedge funds buy a short position on GameStop
    This means they essentially borrow GameStop shares at a price because they think the price will drop and they can sell those shares and buy back at a lower price picketing the difference

    They did this to an extent where 140% of all shares were shorted so people owe more shares than exist

    Reddit saw this and started buying pushing the price up which means the hedge funds have to pay a higher price for those shares and lose more and more money the higher the price goes

    Price went up like 15x creating billions in losses

    Hit $500 last night and today Robinhood suspended trading of it cause the price to drop so that hedge funds can start to make back their losses and started selling peoples shares for them which is wildly unethical if not utterly illegal
    There’s rumors this directive came from the top hedge fund execs and the white house

  • Jan 28, 2021
    POOM POOM DOOM

    OH YAY! WE'RE GOING TO EAT THE RICH

    or they're going to eat us

  • Jan 28, 2021
    ·
    2 replies

    It’s wild I’m seeing Tucker Carlson talk about how Wall Street need regulations and how they’re hurting the lower class

    What the f*** is this timeline

  • Jan 28, 2021
    ·
    1 reply

    id give her all my stock (if I had any)

  • Jan 28, 2021
    POOM POOM DOOM

    OH YAY! WE'RE GOING TO EAT THE RICH

    2pac smiling from way up above

  • Jan 28, 2021
    safe

    They halted purchases of a stock so that the price would drop and the hedge fund could cover their asses

    Thanks for the info

  • Jan 28, 2021
    ·
    1 reply
  • Jan 28, 2021
    eye contact

    a number of trading platforms halted sales on popular stocks, hid different stocks from search, and even sold people’s shares without authorization to prevent various parent finders and billionaire hedge funds to pull out their shorts before retail investors could squeeze their shorts to the point that these funds go bankrupt

    this is highly illegal and there may be SEC collusion and the biden admin hasn’t commented on it

    Absolute power corrupts absolutely

  • Jan 28, 2021
    2012
    https://twitter.com/elonmusk/status/1354890601649610753

    S*** might really go to the moon tomorrow

  • Jan 28, 2021
    ·
    1 reply

    Someone give me a reason why options trading should even exist

  • Jan 28, 2021
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    1 reply
    safe

    It’s wild I’m seeing Tucker Carlson talk about how Wall Street need regulations and how they’re hurting the lower class

    What the f*** is this timeline

    Bc most right political figures in america are only socially conservative I think

  • Jan 28, 2021

    Citadel willing to let Robinhood burn bc they understand there’s a bigger risk here lmao

  • Jan 28, 2021
    ·
    1 reply
    safe

    Someone give me a reason why options trading should even exist

    ? This doesn’t really have anything to do with options

  • NiceLikeChrist

    so they haven't caught on to $BBW yet? lets ride

    nigga did you just advise me to buy meme stock in build a bear

    ....

    I'm really about to do this too

  • Jan 28, 2021
    red eagle

    Bc most right political figures in america are only socially conservative I think

    No lol definitely not

    It’s just that at the core most everyday Americans hate politicians and hate Wall Street and hate the elites

    Political parties make elections about divisive social issues like abortion to prevent a consensus forming among the non-ruling class

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