How regular people are fewking up WALL STREET HEDGE FUNDS

[rahhazar]

‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game (Published 2021)

GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.

www.nytimes.com

How small traders cost hedge funds $22B in few days.


My AMC SHARES SAW A HUGE SPIKE IN SHARE PRICE. Sold with profit of 338%.

 

[bigredfish]

Watching that. Now the SEC and Dementia Joe are considering some kind of action after a few of the pro thieves hedgies lost their ass. Cant have the common man ganging up on them and making them look like idiots...

 

[bigredfish]

Tomorrow promises to be interesting
Most Shorted Names Soar After WallStreetBets Reopens | ZeroHedge

============

In a day when regulators, brokerages, and even the administration launched a full-court press to halt the marketwide short squeezes launched by Robinhood daytraders armed with stimmy checks and inspired by Reddit's forums - because a few hedge funds complained or were put out of business - Reddit's infamous WallStreetBets, the alleged origin of many of these bull raids, has published a response to the SEC. We present it without commentary.

"To the SEC retards in this sub: go fuck yourself. Why don't you start investigating why companies can shut down trading so their hedge fund buddies don't lose money. But when people lose money it's completely okay. Eat a dick," r/WallStreetBets said, which has already garnered 122k upvotes.


Reddit users of r/WallStreetBets were apparently trashed all day by CNBC hosts and guests, with some calling average retail investors "unsophisticated." Well, if they were so "unsophisticated," then the question begs, how did a bunch of millennials on the Reddit forum unleash one of the biggest "mother of all short squeezes," and during the process, blow up multiple hedge funds who were overleveraged in Gamestop short positions.

One Reddit user said, "SEC I have proof of malfeasance. A group of hedge funds shorted the ever-living fuck out of GME putting themselves in this position. What repercussions should they face? Or is it because they're somehow better than retail investors they shouldn't face any penalties? We. Like. The. Stock."

 

[AP514]

Yup now TDAmer and other Brokers are not letting the average Joe do Cash Put Options on these and other Reddit driven stock plays.
So, Who is really in collusion ??

 

[Ssayer]

Yep, I caught that today. There are all kinds of rules for us average guys, but none for the big guys.

 

[Ssayer]

The truth is that as more people get red pilled (thank you President Trump), it's been easier to find like minded people to rock what select people believe to be their boat and they don't like rough water one bit. They just aren't used to us commoners getting all uppity with them...

 

[mat200]

Saagar Enjeti: Wall Street Elites DESTROYED, Beaten By Redditors At Their Own RIGGED Game

 

[bigredfish]

This is the of the CEO of NASDAQ literally saying they will monitor social media and shut down the exchange to protect the big investors from the little guys.
Joe Q Public will NOT be permitted to make money at the expense of the overlords.

Nasdaq CEO Adena Friedman Suggests Trading Halt to Let Investors 'Recalibrate'

 

[bigredfish]

Your country hates you

 

[rahhazar]

the show starts tmrw.
The game is GETTinG UGLy.

 

[mat200]

 

[bigredfish]

Awesome interview! Thx @mat200

 

[bigredfish]

Robinhood Halts Buying In GameStop And AMC; Barstool's Portnoy Slams App: "They Should All Be In Jail" | ZeroHedge

Apparently they're beginning to shut out all retail trades so the hedgies can cover their shorts... Corrupt.As.Shit.

 

[bigredfish]

Today may be wild.
AG
AAL
SLV

and of course
GME
NOK
AMC
NAKD

 

[Ssayer]

SLV is doing it for sure. It's the trade I've been doing for years. Unfortunately, I went to all cash yesterday and missed out on this morning's action (no cash available for trading). I'll just stay in cash for a while now, while there may be big gains to be made, they might just lock me into losing my shirt...

 

[rahhazar]

Robinhooders can still buy, you can not search the ticker by name but can see it in top 100 tickers.

 

[bigredfish]

SLV is doing it for sure. It's the trade I've been doing for years. Unfortunately, I went to all cash yesterday and missed out on this morning's action (no cash available for trading). I'll just stay in cash for a while now, while there may be big gains to be made, they might just lock me into losing my shirt...

Yeah, at my age I can’t afford to get whacked either. Have been in 75% cash /25% bonds since early Dec.

I do have a small Roth I may dabble with just for fun though

 

[Ssayer]

I had to laugh when I read your attachment. I mean, C'mon Man!... what gall those Robinhooders have actually playing the market like the big guys do! Who do they think they are anyway, they don't give the CONgress big donations!!!

 

[Ssayer]

Yeah, at my age I can’t afford to get whacked either. Have been in 75% cash /25% bonds since early Dec.

I do have a small Roth I may dabble with just for fun though

Because the bank pays diddly in interest, I've set aside XX amount to actually try to get some returns. It's worked well but... when things get dicey (like right this moment), I keep it in cash.

 

[bigredfish]

• Marketwatch is 404 offline
• Interactive Brokers is now preventing trading in the stocks

Update 0925 EST: Interactive Brokers has joined Robinhood and has put option trading in some names into liquidation. This headline crossed the terminal around 0925EST:

INTERACTIVE BROKERS PUTS SOME OPTION TRADING INTO LIQUIDATION

In a statement to CNBC, IB said:

“As of midday yesterday, (1/27/2021) Interactive Brokers has put AMC, BB, EXPR, GME, and KOSS option trading into liquidation only due to the extraordinary volatility in the markets. In addition, long stock positions will require 100% margin and short stock positions will require 300% margin until further notice. We do not believe this situation will subside until the exchanges and regulators halt or put certain symbols into liquidation only. We will continue to monitor market conditions and may add or remove symbols as may be warranted.”

Additionally, Robinhood has released the following statement:

“We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK. We also raised margin requirements for certain securities.”

We can't help but wonder...
Dear free and efficient markets, is there a restricted list for stocks that anyone without a Hampton's mansion can no longer trade?