site=joke
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
http://www.miraclecovers.com
"Donk down, that’s what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online
Letttsss goooo
http://www.miraclecovers.com
"Donk down, that’s what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online
Heads up
CEO of Robinhood trading is going to be on CNBC in a very short time from now
This should be interesting
Ill have more stuff to post,but busy right now
EXCLUSIVE: Meet Roaring Kitty - the stock picking wizard who sparked buying frenzy by tipping GameStop shares on Reddit: Boston suburban dad with $650,000 home emerges as the man who cost Wall Street billions
https://www.dailymail.co.uk/news/art...urban-dad.html
one theory that i saw thrown around is that they open GME trading and pull the same shit by shutting off buying access after the mob has driven it back up to $500...let the hedgies come in and short again with no chance of it going against them because there's no buyers to drive the price higher...
not gonna lie, they pull this shit again they really dont think too much of people saying 'enough of this shit'...
dont want to put politics into this, but hopefully we can all see that this isn't a left-right issue but this is an us v. them issue...hopefully this shit wakes people up to that fact...
For people who are checking in and haven't followed this ridiculous soap opera and/or dont know what the deal is, imo this is a simple and concise explanation of just one big layer of many, of what has really happened today.
This shit is fucking criminal.
The laughably sad part is that this kid of bullshit happens more than people think, and after all that has happened over the years, it took a bunch of retail investors on an internet message board to bring shit like this into the limelight and have everyone including the government actually talking and wondering what to do about it...
...all because some tiny nobodies saw public information of ridiculous and unfathomable short interest on a tiny stock, and decided to take action.
I kept eye on, amongst other things, the robinhood app in the Google play store. Customers were obviously angry at the fact that they couldnt perform a basic function of buying a certain stock...they could only sell. So naturally, they gave one star reviews.
before the commotion, the app had a rating of 4.2 stars. In the next several hours, this was beat down to a 1.0.
I just saw this and looked again and it is back to 4.2:
BTW, for full disclosure, I have absolutely NO financial position on GME or any other of these stocks in question. Ive never had a position and I dont intend to at this juncture.
I just thought I should disclose this since someone asked earlier and I forgot to answer.
https://twitter.com/twt/status/1354999205232840704
now that AMC is doing this...it's really fucking annoying that GME isn't as well...looks like they can offer a million plus shares at the market, which would be gobbled up by the very people who were trying to short them into bankruptcy...
along with the reddit crowd getting rich by bankrupting a hedgie or two, it would be just another little symbol of poetic justice in this bullshit...
These big investor only hedge funds are permitted to make a lot of speculative investments that can't be made by ordinary mutual funds (where small investor put their money): investments like shorts, options, derivatives, etc...so they play with a whole lot of weapons small guys don't have.
But what reddit allows is quick spread of market information (that is, which big funds and stocks have exposure to a short squeeze)...indeed, the pure competitive market, which long has been a justification for the stock market and it role in allocating capital in society, requires complete disclosure of all information to function most efficiently. Reddit has brought a new player (a collection of small investors) to the trading floor to rebalance the fight.
Last edited by GrenadaRoger; 01-28-2021 at 08:41 PM.
(long before there was a PFA i had my Grenade & Crossbones avatar at DD)
Day 332:
Computer scientist/WSOP bracelet winner & poker pro/PFA forum owner...
has taken a stake in a cryptocoin (which btw has a current market cap of $9.2 billion at 0.072 per share) that was originally created as a joke about an internet dog meme.
Last edited by Gordman; 01-28-2021 at 10:35 PM.
took long enough but it seems people are finally figuring out how bad the 1% has been fucking us
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