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Keith • 2 years ago

So now your stock is worth money, Wall Street has restricted your ability to sell, rendering your value worthless.

RIGGED SYSTEM.

tonye • 2 years ago

No, you got it wrong.

They are allowing you to sell, not to buy.

You see, if you sell, you help the hedge funds because the price of the stocks drops and they can cover their bets.

If you buy, you push the price up, soak up liquidity of the stock and the hedge funds lose more money.

IMPORTANT... what no one is TALKING ABOUT is the legality of a number of Hedge Funds selling 140% of the existing stock of the company... is that FRAUD?

Of course, given the state of the paper gold market...

bc1659 • 2 years ago

Yes
How can you sell more stock than there is stock available for sale?

See: how can be more registered Dem voters than total available voters?

MikeS • 2 years ago

LOL! Damn good point!

1daver1 • 2 years ago

Because that's how the hedge fund companies short a stock.

They borrow stock on top of stock excessively, driving the price down, then purchase it at a steal, thus making a huge profit.

They're allowed to borrow stocks that don't exist over the 100%. Makes the short quicker.

Brian Conners • 2 years ago

they also borrow from your 401k mutual fund that you can only change once or twice a year

Ray Tilkens • 2 years ago

The same way they can elect a man with several million less votes. They don't care that we know, they are going to screw us over for their own power.

Duck Soup • 2 years ago

It's called a naked short

Mr Mike • 2 years ago
Charles Perigord • 2 years ago

There's an old movie, The Producers, I think, that illustrates this quite well.

John • 2 years ago

A classic. Indeed, oversell the show. wait for it to crash. Springtime for Hitler und Germany.

KrakenFartz • 2 years ago

Springtime for reddit and Wallstreetbets

Winter for Goldman and Sachs...

feztonio • 2 years ago

Thats the whole point of reddit. Its a mathematical impossibility for hedge funds to return all the stock they borrowed.

So we of WSB simply helped exacerbate their dilemma buy accumulating as much of the free float shares as we can - sure to stick it to wallstreet but a lot of us grew up with gamestop. It was the best day ever when your mom took you up to the mall with your saved allowance to buy the new madden or fifa the day it came out. We love gsmestop because it's a nostalgic part of our childhoods. We don't want it to get destroyed and bankrupted into oblivion and especially not because some rich pricks like Steve Cohen and Andrew left wanted to buy a 3rd yacht. Cohen just bought the freaking NY Mets for several billion bucks he just had lying around

Wallstreet made a bet that they could short GME literally all the way down to $0 .. at the time several months to a year ago when they started it was already selling as low as $3 a share. So wallstreet decided they wanted to crush it out of business and they tried to take advantage of the pandemic shutting most malls and businesses with their 144% of the shares short.

cochise1 • 2 years ago

Exactly. I was never a gamer. Well, I played Doom when it first appeared. Too old but I made a lot of trips to Gamestock with grandkids where they wheedled me into buying them games. It's amusing to me to see the media trying to blame the debacle on Trumpsters or 'white supremacists' when it was actually grown up gamers who were hacked off at a hedge fund trying to ruin a company for their own profit.

shayne harris • 2 years ago

you cant that is the issue

Keith • 2 years ago

Except RobinHood and others will not allow trades on the stock. In essence, they DE-LISTED it from their platform. Now, however, they announced they will begin selling AUTOMATICALLY for their investors' own good.

Eric • 2 years ago

Crooks! I watched as Robinhood pulled it. Dirty, dirty, dirty. They are gonna get what is coming to them.

M.K. Morgan • 2 years ago

I thought Robin Hood was for the little guy.

E. Normus Balzac • 2 years ago

Hand over your lupines!

frankleentrue • 2 years ago

Dennis Moore

Guest • 2 years ago
bill north • 2 years ago

Buy physical gold and crypto
Screw wall street

bill north • 2 years ago

Buy gold and crypto
Screw wall street

stanley castleberry • 2 years ago

Only work for so long. you must break them now and then they can not keep funding the terrorist group, paying off officials.

Hunter's_Crackpipe • 2 years ago

The term “fraud” used to mean something. Anymore, these large corporations wear it like a badge of honor, because nothing ever happens to them when they commit it.

Jack Ballard Jr • 2 years ago

It is kinda like Bitcoin. A fiat currency with no visible means of support.

ponyboy • 2 years ago

Yes, paper gold. That's a fitting description

bill north • 2 years ago

Buy physical gold and crypto
Cancel your trading accounts

Hedgehogs, with much emphasis on the latter part.

FreedomFighter • 2 years ago

When will people realize the whole system needs to burn down before we ever take this country back. Figuratively of course 😉-1776!

TH30PH1LUS • 2 years ago

"If ever the Time should come, when vain & aspiring Men shall possess
the highest Seats in Government, our Country will stand in Need of its
experienced Patriots to prevent its Ruin"

Samuel Adams

Libra1965 • 2 years ago

Damn thats good.... I'm going to write that down !!

1daver1 • 2 years ago

I disagree with "figuratively".

So called "Elites" aren't even trying to hide it anymore. From D.C., to all their crony friends and financial supporters, they're spitting in the face of the middle class.

Something needs to be done.

Guest • 2 years ago

Precisely, and they have been their most effective weapons since the 20th century.

They have become overconfident and this will be their downfall.

capt planit • 2 years ago

Burn the bad boys in their beds as they sleep.

Guest • 2 years ago
mike seabrook • 2 years ago

and open borders and fly planes and cook the planet at least this virus has grounded the planes and the taxpayer is payin to keep the planes grounded

Death Angel • 2 years ago

It is literally or nothing

When they realize the antifa and proud boys are about the same thing and just betting on different groups to get them there. Liberal extremists have been at odds with the stock market for years. Now the conservative base is catching on. Sucks for me since I have a good job and just want to live life.

Larissa Douglas • 2 years ago

And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains; And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb: For the great day of his wrath is come; and who shall be able to stand?- Revelation 6:15

God is revealing the corruption of the Politicians, Big Businesses, Big Tech Companies, Media, Hollywood, Wall Street, Big Banks, and others before He destroys the Swamp. God set them up for the world to see their corruption before God punishes, humiliates, and brings them down. God plans to destroy the Swamp.

TH30PH1LUS • 2 years ago

The nations belong to King Jesus, who will break the corrupted systems, like a rod of iron smashing through clay vases. He's not worried about votes, and there will be NO safe spaces!

shayne harris • 2 years ago

Yet again no sky god will fix things only patriots

TH30PH1LUS • 2 years ago

"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim the tribute of patriotism who should labor to subvert these great pillars of human happiness-these firmest props of the duties of men and citizens. The mere politician, equally with the pious man, ought to respect and to cherish them. A volume could not trace all their connections with private and public felicity. Let it simply be asked, “where is the security for property, for reputation, for life, if the sense of religious obligation desert the oaths which are the instruments of investigation in the courts of justice?” And let us with caution indulge the supposition that morality can be maintained without religion. Whatever may be conceded to the influence of refined education on minds of peculiar structure, reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principle.'

George Washington

“We have no government armed with power capable of contending with human passions unbridled by morality and religion. ... Our Constitution is designed only for a moral and religious people. It is wholly inadequate for any other.”

John Adams

"In circumstances dark as these, it becomes us, as Men and Christians, to reflect that, whilst every prudent Measure should be taken to ward off the impending Judgments ... All confidence must be withheld from the Means we use; and reposed only on that GOD who rules in the Armies of Heaven, and without whose Blessing the best human Counsels are but Foolishness -- and all created Power Vanity."

John Hancock

I stand with the Founding Fathers, and the Almighty God who blessed them with victory!

D Jg • 2 years ago

The patriots shall be His rod and staff.

Guest • 2 years ago
Brian Conners • 2 years ago

Matthew 10:34 34"Do not suppose that I have come to bring peace to the earth. I did not come to bring peace, but a sword.

Larissa Douglas • 2 years ago

Amen and God Bless You! Keep speaking the Word of God.