We've seen a lot of commentary about 'Reddit traders' and silver, but by our numbers only 3% of the mentions of tickers on wallstreetbets today were $SLV. Are they mistaking someone else for us as usual?
@elonmusk Once retail traders (You) are able to get back in at market open tomorrow, this will again go up. This is an attempt to scare ppl away from the stock. It will happen every single evening for the next several days so be prepared for this. COPY, RETWEET SO EVERYONE KNOWS TO HOLD
@elonmusk WHY $GME, $BB and $AMC ARE DOWN AFTERHOURS: Hedge fund managers, Short sellers, and Market Makers are using extended hour trading to scare retail traders (You) off. Most retail traders (You) lack the ability to trade outside of the market hours. This is why it is currently down.
But if individual traders educate each other and use their combined strength to focus on good companies , with strong prospects, the power shifts from wall street to main street, particularly now that Direct Listings are changing the IPO game. Thoughts ? Comments ?
If small trades can work together and share information together the power to move stock pricing moves quickly from the analyst on Wall Street to the people working together. There is one VERY IMPORTANT caveat. No amount of trading together can keep a bad company in business.
If you want to see how useless the SEC is for small investors and traders, get someone in your office to call the SEC to ask a question about anything. Last time I did it a few years ago they sent me to a page that asked me to FAX 8 copies of my request. That’s the SEC
If you want to help the little guy demand the SEC introduce bright line rules that anyone can understand and follow, otherwise we are going to see them attack defenseless traders to say they did something and do a Press Release
Fidelity has 31m brokerage Accts and charges $0 for stock trades. If they sent out a text from an analyst with a big price target on a stock , is that manipulation ? If you want to help the workers, incentivize companies to offer shares to ALL WORKERS
The thing that drives myself and so many people nuts is this belief that when this is over guys like Ken Griffin from Citidel Gabriel Plotkin from Melvin, Steve Cohen, and Vlad will be at some secret country club laughing at all of us. And deep down we know we are right. #ddtg
u can’t sell houses u don’t own
u can’t sell cars u don’t own
but
u *can* sell stock u don’t own!?
this is bs – shorting is a scam
legal only for vestigial reasons