This is bullshit. The Redditors aren't cheating, they're joining a party Wall Street insiders have been enjoying for years. Don't shut them down...maybe sue them for copyright infringement instead!!
We've learned nothing from 2008.
Love
StewBeef
All the money in 2008 was made by suits identifying a market dislocation and exploiting it.
All the money in 2021 was made by retail identifying a market dislocation and exploiting it...until the suits intervened.
👀
What’s the difference with these two statements?
@politico Focus on that “along with others” bit. Collusion between brokerages, hedge funds, and market movers on this scale is a story all on its own, but in context, is damning.
@NewYorkStateAG@RobinhoodApp@GameStop Thank you. Please do your best to hold these "Market Movers" accountable. The law needs to be used to hold people who gamble with millions of people's money accountable.
Americans are told to invest in the market. But when they start to threaten the profits of billionaires, strange things happen.
If anyone on Wall Street with short positions in particular stocks used their power to cut off the public from buying those stocks, send them to prison.
@StevenACohen2 Takes a special kind of "man" to say that while refusing to let the rest of the players take the field. I'd imagine that is the kind of game you prefer, to avoid losing as bad as you have been this week.
Citadel coming to rescue Melvin after they made a STUPID bet on GME. Robinhood blocking users from buying new shares and artificially inducing a price drop to "protect" their users... And then they double down on their bet!? WTF.