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Joined: Feb 2007
Posts: 4,208
Campfire Tracker
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Campfire Tracker
Joined: Feb 2007
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\ What happened this week was, and is frightening.
It is a shocking wake up call.
Hedge funds and those that short stocks are heavily regulated. Most importantly, shorting provides some balance to the market and expectations are known, and prices built in. It is expected, as part of the rules of engagement. Economists for decades now have said it is a healthy check-and-balance to a free market.
What happened on Reddit was a new phenomenon of massive market manipulation via social media. The market is NOT prepared for this kind of coordinated effort to manipulate stocks, nor are their rules to address it, nor are the massive price swings pre-baked into the market. This wasn't a few happy basement-dwelling millennials buying some lame Gamestop stocks, it was a grassroots movement to sabotage the ebb and flow of the base of our economy.
While perhaps nothing illegal actually happened, this is pretty unprecedented, and I am not in the "happy camp" that this chit show is happening.
But, you all keep high fiving. Reddit and Robinhood are liberal whorehouses. And that's where this all started.
That should tell you something.
lmao I made an extra 11 k today. Congrats? No one cares. You ignored, or missed, the entire premise of my post. But, you aren't known here for really catching on, so.............
Last edited by duck911; 01/28/21.
The DIPCHIT ADD, after a morning of drinking:
You despair, repeatedly, constantly! daily basis?
A despair ninny.
Sack up, despire ninny.
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Joined: Dec 2013
Posts: 44,253
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,253 |
By tomorrow they'll be calling retail investors who participate in short squeezes insurrectionists. You were off by only a little. ![[Linked Image from i.ibb.co]](https://i.ibb.co/Nmw3hQq/Financial-Insurrection.png) More Order 66 action. I can't tell you how pleased I am that the younger generation has joined the battle. They understand social media and how to make it work for them than us old fudds ever will.
It's their country and future and this gives me hope for them. Me too.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Oct 2010
Posts: 7,682
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
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this is pretty unprecedented No it isn't. Do you think these hedge funds aren't manipulating the market? They aren't colluding with one another? With their friends in the media? When Tesla was one of the most shorted companies, do you think the thousands of articles that Bloomberg and CNBC and Motley and the like aimed at retail investors about how their business model was untenable were just independent organic outpourings of genuine concern for everyone's finances? Gamestop got this same treatment. Robinhood receives a good portion of their revenue from Citadel by selling trading data. Where people are setting limits, order queues, etc etc. so Citadel can feed that information into their HFT. This is a business where getting information a few fractions of a second faster than your opponent makes a difference and the people involved are operating with wildly different sets of information and power positions. It was not out of concern for their users that some (((brokerages))) suspended buys, it was so the affected funds would keep paying them for data. It was not out of concern for their users that Google deleted thousands of 1 star reviews for the Robinhood app, it because Google is (((connected))) to those same funds. It was not out of concern for their readers that Jewsweek published this, it was to keep more normans from buying GME. We can either have an economy that is incentivized to produce genuine value that improves our lives or we can have one that is manipulated to serve the financial interests of a narrow slice of ~2.5% of the population. There are no new Remington 700s on shelves not because producing them is not a viable business model, but because people like the "victims" in this short squeeze used the above network of professional manipulators to drain all of its financial value into their bank account and then were allowed to walk away with everyone else having to deal with Remington's corpse. You are arguing for more of that, I'm arguing for less. https://duckduckgo.com/?q=%22Short-...ame+for+years%2C%22&t=osx&ia=web
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Joined: Jun 2002
Posts: 131,614
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,614 |
this is pretty unprecedented No it isn't. Do you think these hedge funds aren't manipulating the market? They aren't colluding with one another? With their friends in the media? When Tesla was one of the most shorted companies, do you think the thousands of articles that Bloomberg and CNBC and Motley and the like aimed at retail investors about how their business model was untenable were just independent organic outpourings of genuine concern for everyone's finances? Gamestop got this same treatment. Robinhood receives a good portion of their revenue from Citadel by selling trading data. Where people are setting limits, order queues, etc etc. so Citadel can feed that information into their HFT. This is a business where getting information a few fractions of a second faster than your opponent makes a difference and the people involved are operating with wildly different sets of information and power positions. It was not out of concern for their users that some (((brokerages))) suspended buys, it was so the affected funds would keep paying them for data. It was not out of concern for their users that Google deleted thousands of 1 star reviews for the Robinhood app, it because Google is (((connected))) to those same funds. It was not out of concern for their readers that Jewsweek published this, it was to keep more normans from buying GME. We can either have an economy that is incentivized to produce genuine value that improves our lives or we can have one that is manipulated to serve the financial interests of a narrow slice of ~2.5% of the population. There are no new Remington 700s on shelves not because producing them is not a viable business model, but because people like the "victims" in this short squeeze used the above network of professional manipulators to drain all of its financial value into their bank account and then were allowed to walk away with everyone else having to deal with Remington's corpse. You are arguing for more of that, I'm arguing for less. https://duckduckgo.com/?q=%22Short-...ame+for+years%2C%22&t=osx&ia=webWell said.
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Joined: Dec 2013
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Campfire Outfitter
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OP
Campfire Outfitter
Joined: Dec 2013
Posts: 14,799 |
Hedge funds manipulate stocks all the time and their actions cost real people their jobs, their savings, their retirement funds. They got the tables turned on them.
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Joined: Jun 2002
Posts: 131,614
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,614 |
Hedge funds manipulate stocks all the time and their actions cost real people their jobs, their savings, their retirement funds. They got the tables turned on them. This. Well said.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
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Hedge funds manipulate stocks all the time and their actions cost real people their jobs, their savings, their retirement funds. They got the tables turned on them. One event is far from a trend. It’ll be interesting to see if it continues and gains traction. That would be a very nice to see come to fruition.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Feb 2011
Posts: 26,389
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 |
this is pretty unprecedented No it isn't. Do you think these hedge funds aren't manipulating the market? They aren't colluding with one another? With their friends in the media? When Tesla was one of the most shorted companies, do you think the thousands of articles that Bloomberg and CNBC and Motley and the like aimed at retail investors about how their business model was untenable were just independent organic outpourings of genuine concern for everyone's finances? Gamestop got this same treatment. Robinhood receives a good portion of their revenue from Citadel by selling trading data. Where people are setting limits, order queues, etc etc. so Citadel can feed that information into their HFT. This is a business where getting information a few fractions of a second faster than your opponent makes a difference and the people involved are operating with wildly different sets of information and power positions. It was not out of concern for their users that some (((brokerages))) suspended buys, it was so the affected funds would keep paying them for data. It was not out of concern for their users that Google deleted thousands of 1 star reviews for the Robinhood app, it because Google is (((connected))) to those same funds. It was not out of concern for their readers that Jewsweek published this, it was to keep more normans from buying GME. We can either have an economy that is incentivized to produce genuine value that improves our lives or we can have one that is manipulated to serve the financial interests of a narrow slice of ~2.5% of the population. There are no new Remington 700s on shelves not because producing them is not a viable business model, but because people like the "victims" in this short squeeze used the above network of professional manipulators to drain all of its financial value into their bank account and then were allowed to walk away with everyone else having to deal with Remington's corpse. You are arguing for more of that, I'm arguing for less. https://duckduckgo.com/?q=%22Short-...ame+for+years%2C%22&t=osx&ia=webWell said. Very well said, Stickfight knows what the hell is going on and isn't afraid to say it. 👍
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Joined: Jun 2002
Posts: 131,614
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,614 |
Very well said, Stickfight knows what the hell is going on and isn't afraid to say it. 👍
There is a growing band of us who know what the hell is going on. The Sword of Damocles, however, increasingly hangs over any who dare say it .
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
What happened this week was, and is frightening.
It is a shocking wake up call.
Hedge funds and those that short stocks are heavily regulated. Most importantly, shorting provides some balance to the market and expectations are known, and prices built in. It is expected, as part of the rules of engagement. Economists for decades now have said it is a healthy check-and-balance to a free market.
What happened on Reddit was a new phenomenon of massive market manipulation via social media. The market is NOT prepared for this kind of coordinated effort to manipulate stocks, nor are their rules to address it, nor are the massive price swings pre-baked into the market. This wasn't a few happy basement-dwelling millennials buying some lame Gamestop stocks, it was a grassroots movement to sabotage the ebb and flow of the base of our economy.
While perhaps nothing illegal actually happened, this is pretty unprecedented, and I am not in the "happy camp" that this chit show is happening.
But, you all keep high fiving. Reddit and Robinhood are liberal whorehouses. And that's where this all started.
That should tell you something.
Tell this to the fine folks of Sidney Nebraska, hedge funds wiped out prosperity in that town.
Originally Posted by Judman
PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Dec 2019
Posts: 17,088
Campfire Ranger
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Campfire Ranger
Joined: Dec 2019
Posts: 17,088 |
By tomorrow they'll be calling retail investors who participate in short squeezes insurrectionists. You were off by only a little. More Order 66 action. Bingo. The narrative progresses.
-OMotS
"If memory serves fails me..."
Quote: ( unnamed) "been prtty deep in the cooler todaay "
Television and radio are most effective when people question little and think even less.
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Joined: Jan 2012
Posts: 26,484
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,484 |
Maybe this will make folks realize the fight is top to bottom and not left to right. Nailed it
FJB & FJT
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Joined: Jan 2010
Posts: 32,130
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2010
Posts: 32,130 |
What happened this week was, and is frightening.
It is a shocking wake up call.
Holy Christmas Karen.
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Joined: Jan 2010
Posts: 32,130
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2010
Posts: 32,130 |
Maybe this will make folks realize the fight is top to bottom and not left to right. Nailed it Boom!
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Joined: Feb 2004
Posts: 19,178
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,178 |
As per Stu Varney the fight to overturn several elections in the Senate was financed by rich Long Island stock brokers and Hollywood moguls. Maybe this will make folks realize the fight is top to bottom and not left to right. Nailed it As per Stu Varney the fight to overturn several elections in the Senate was financed by rich Long Island stock brokers and Hollywood moguls. This would make sense. The super wealthy are buying influence and politicians by the dozens. kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Maybe this will make folks realize the fight is top to bottom and not left to right. Nailed it Boom! Somebody please educate Duck911 on how this works...... maybe the mask cut oxygen to his brain?
Originally Posted by Judman
PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Jul 2005
Posts: 1,326
Campfire Regular
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Campfire Regular
Joined: Jul 2005
Posts: 1,326 |
What happened this week was, and is frightening.
It is a shocking wake up call.
Hedge funds and those that short stocks are heavily regulated. Most importantly, shorting provides some balance to the market and expectations are known, and prices built in. It is expected, as part of the rules of engagement. Economists for decades now have said it is a healthy check-and-balance to a free market.
What happened on Reddit was a new phenomenon of massive market manipulation via social media. The market is NOT prepared for this kind of coordinated effort to manipulate stocks, nor are their rules to address it, nor are the massive price swings pre-baked into the market. This wasn't a few happy basement-dwelling millennials buying some lame Gamestop stocks, it was a grassroots movement to sabotage the ebb and flow of the base of our economy.
While perhaps nothing illegal actually happened, this is pretty unprecedented, and I am not in the "happy camp" that this chit show is happening.
But, you all keep high fiving. Reddit and Robinhood are liberal whorehouses. And that's where this all started.
That should tell you something.
Tell this to the fine folks of Sidney Nebraska, hedge funds wiped out prosperity in that town. Same folks, Elliot group, now sit on the board of my former employer. They do one thing - increase share holder value at any cost. Buy in, drive the sale of a good company and then bail with the profits. We are pawns in a game.
“Always do sober what you said you'd do drunk. That will teach you to keep your mouth shut.”
― Ernest Hemingway
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Joined: Jan 2010
Posts: 32,130
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2010
Posts: 32,130 |
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Joined: Jun 2002
Posts: 131,614
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,614 |
You have to pay to read that.
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Joined: Dec 2002
Posts: 25,861
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 25,861 |
People who choose to brew up their own storms bitch loudest about the rain.
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