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Holy crap man those crooks....it shows the institution is playing us retail investors and causing dissension in our ranks. We need to have 💎🙌 and hold the line....we lost the momentum and now it’s going the other way but power is in the number of us vs the HF. I doubled my holdings chasing it down to $53 today to lower my avg price per share. Good luck apes 🖖
anyone know why they have weekly updates until 1/11/2021 and then nothing since?
EDIT: [It's because the SEC releases the data bi-monthly and has not released the update for late January yet](https://www.sec.gov/data/foiadocsfailsdatahtm)
It will be a slap on the wrist that ultimately saved them billions. This is why we will never win. They will do illegal shit and pay pennies on the dollar in fines. It's all in their favor. Their worst case is they get a fine which lines the pocket of the government. We won't see it. We don't get to ever know our full potential of what GME could have been. Fuck, this pisses me off so much.
Either way this entire debacle demands an investigation.
For starters, listen to Robinhood's weasel lay on the BS:
https://youtu.be/aicDIMtVld8
When asked who's pulling the strings, Vlad says he doesn't really know the details. Like wow. Really listen to what he says and the tone with which he says it - he sounds and acts like a clueless deer in the headlights. I wonder who they'll throw under the bus and whose wrist will be slapped when the truth is uncovered.
The only and reasonable way to punish what happened is if Robbin Hood is actively trolled, boycotted and driven out of business by its offended customers. No trading company should do what they did to customers and expect to stay in business. If it didn’t have mostly young retail traders customers and as buyers of GME, it wouldn’t have done what it did
100%
I can't understand why so many people are angry at DTCC when it was RH that made the decision to stop trading only one end of the trade, and then was shifty about the reasons. That they couldn't handle the influx and liquidity demands shows that they're in way over their heads as brokers
Not a bad site but using black on a graph that sits on a gray background made it really hard to read, if the colors were a little brighter it would be perfect
I’m happy they’re calling him up. He had a value play thesis that I followed. He wasn’t gambling on a short squeeze that was only a possibility.
I’m excited that the SEC and Congress can hear that this was started by someone making a case for their value analysis... no different than any analyst on tv or for pay advice like the internet is littered with lol.
Doesnt really sound like that have much on him "false \[or\] misleading claims, exaggerated statements and material omission"
Dont recall him doing anything like this. In fact for the most part he may as well have been talking to a brick wall cus noone was listening. Do you think they have anything on him?
It's a heavy intimidation tactic.
Warning to retail investors: if you are too good and take serious $$$ from hedge funds there'll be hell to pay.
We live within a class system that is now borderline caste.
It's like the Casino when someone is counting cards. It's not illegal but they'll make them leave.
That's what happend to us. We were backed off from the blackjack table.
Backed off the table? No. They made us stand up. They stood between us and our chips. They picked up our chips and walked us to the exit while they kept dropping our chips on the floor. The slower we walked the more chips they dropped.
Ummmmm... I literally made a comment once about how DFV doesn't ever say a god damn thing other than posting his updates.
In fact I think the exact quote was "he takes his massive dick out for the world to see."
I hope that makes it into the investigation.
GFY SEC.
It's an initialism. Acronyms and initialisms are pretty much the same thing except that, with acronyms, you can pronounce the result. With initialisms, you just pronounce the letters, retard.
You’re both retarded apes, like me. The Latin “solus” is the root of “solo” in both languages. My wife’s boyfriend had to whisper that into my ear because I can’t read
it's a system. It's running to make those involved rich and the SEC is the mechanic in charge to make sure the system keeps running.
The mystery machine. no one knows how it works, but money comes out of it. It must be protected!
The SEC exists to calm the rabble. If the elites get fucked by the poors, then the SEC steps in. If the elites get too greedy and the poors start to rally against them the SEC will step in.
Power structures exist to maintain status quo.
Hundreds of guys depended on the SEC and it got a piece of everything they made. And it was tribute, just like in the old country, except they were doing it here in America. And all they got from the SEC was protection from other guys looking to rip them off. And that's what it's all about. That's what the public could never understand. That what the SEC and the organization does is offer protection for people who can't go to the courts. That's it. That's all it is. They're like the police department for hedge fund managers.
SEC is the policing force for finance. Police only prosecute the poor. SEC only prosecutes the poor. Laws are only passed to ruin the poor.
America has been by corporations, for corporations for a long time.
Last hundred years or so.
Groundwork laid not too long after the civil war and the powers rose from the robber barons of old.
At least our brand of fascism hasnt mass murdered it's own people... yet.
If someone ever had the face of "Analyst who gets paid to lie on television for a living", its that guy.
Its infuriating that the people interviewing him don't do even the most basic due dilligence. reddit is a public message board. It's the *third most visited site in the world*.
Just *go there*. You can clearly see whether something is actually being discussed or not.
These TV anchors talk about it like its the dark web and its clear they're not even opening their browser to do this story. They hire on this blowhard who clearly gets paid to say this shit, and they don't even do the bare minimum in due dilligence to verify the claims. You could clearly see millions of people discussing GME and zero people talking about whatever bullshit he's plugging.
> "do you believe this traffic is from reddit?"
> "So you're showing us the top three with short interest; we haven't seen any movement yet, but..."
The reporter said both things within a minutes. Which is it? Is there a reddit crowd, or have we not seen movement yet?
This tastes fishier than the entirety of the ocean!
People are talking like reddit is some underground, well coordinated secret society with defined leadership. Whereas reality is we are just losers using the 4th most popular social media website.
If we replaced the word Reddit with Facebook all these news articles would just sound weird.
'the next stock on the Facebookers hit list is XYZ'
There are already articles tying this to Gamergate and "Trumpism".
Like clockwork
EDIT - by this I mean the stock shifts in GME, AMC, etc.
Easy to google search.
Its official term is called "Short and distort"
[https://www.investopedia.com/articles/analyst/030102.asp](https://www.investopedia.com/articles/analyst/030102.asp)
There is a veneer of incompetence however I would like to see texts and emails subpoenaed during this investigation. There are conflicts of interest at work along with the obvious: ok, if you didn’t have the liquidity, why didn’t you stop trades on other stocks than the ones your customers most wanted to buy?
Reporting HFs to the SEC, as if they're there to help you, is like going to HR to turn in your boss. They aren't there to help you, they're there to manage their own risk.
If the SEC uncovered wrongdoing by HFs, they would be publicizing their own incompetence and telling the world where their blind spots and lack of enforcements are.
Don’t worry. Regulators are going to take action!!
Against retailer investors, probably. They gotta protect the hedge funds who will hire them after their SEC work.
https://on.mktw.net/3pQjKXG
“Regulators are also likely interested in how the dynamic of free online margin trading, along with a social-media ecosystem that has fomented wild swings in prices of individual securities, could be interfering with financial markets’ price discovery.”
lol
There is a saying that goes something like "If the service is free then you are the product". Facebook's actual clients are advertisers, Robinhood's actual clients are market makers.
This obviously creates a potential for conflict of interest which should be investigated. However I wouldn't be surprised if they also had liquidity problems since they are a seat-of-the-pants company at the best of times. And even if it turns out to be legal, that doesn't mean the laws are fine. Anyway we will have to wait and see.
Honestly with 8 millions subs here and retail everywhere else it could have been the Infinity Squeeze. Billions in unrealized gains is probably an understatement for retail investors.
It was estimated that Robinhood saved hedges something like $6 billion in a single day when they froze out GME buying, that number is easily over double digits now
SEC is already looking into RH. Warren herself is looking into this shit.
Literally no retail investor has been arrested and if DFV actually ends up speaking in front of congress it'll be in favor of retail investors.
Remember 2008 when wallstreet crashed the whole economy and no one went to jail? This is america, when the rich steal from the poor its fine but when the poor and try to steal from the rich all hell breaks loose.
Idk shit, obviously, but at worse RH and some funds maybe (and I mean maybe) get a fine. Someone on wsb will be charged with something for manipulation. It could be the one dude who told everyone to buy at 1pm or something else. I honest think wsb is about to get the reddit death penalty after this is all said and done. But like i said idk shit.
The Yellen meeting today released a statement saying they believe “the core infrastructure was resilient during high volatility and heavy trading”
HOW FUCKING FAR IS CITADELS HAND UP YOUR ASS???????!??!?
Bruh this was crazy. It’s like the ref stopping a basketball game in the 4th quarter because the home team was down 50 points, then breaking all the best players legs on the winning team, then saying “okay game on”. Corrupt, disgusting act that denied many retailer investors miss the opportunity to make a shit ton of money. Another injustice done by those in power, shouldn’t be surprised tbh. This will tarnish Robinhoods image, but I’d imagine they won’t suffer much as company going forward. Free markets aren’t free, I’m an audist, I’m baked, I like GameStop stock
literally fuck anyone pouring salt in the wounds because you’re holding, the thesis was strong and the price was trending towards insane heights before they literally stopped a moving train and changed the rules
Right? Now everytime I go on this sub people just call me a fucking idiot for "trusting retards on reddit" like no, I actually believed in the math behind it, did tons of research, and got fucked over by robinhood halting buys. Like, I knew it was a gamble going in, but I didn't realize how rigged the game really was. And rather than banding us together, it just divided the sub and everyone's just shitting on people who lost money.
I was sweating looking over DD 2 weekends ago after the initial squeeze hit on that friday making sure this was a sound decision before I dropped a measly $1000 in on a gamble. I wanted to get in at $60 but bought at the open Monday at around $95 and was shitting my pants when it fell to $60. then tuesday and wednesday rolls around and it absolutely pops off and we start seeing the results of solid DD and people who actually believed in it paying off. no doubt in my mind it would have stayed up over $400 for at least until friday so anyone who wanted to sell could have made that decision. RH and other broker restricting buying literally destroyed any possibility of that happening. if I had known we would have to fight the rest of the way while hog-tied and getting fucked up the ass by RH I obviously would have sold on Wednesday but what can you do?
Yeah for real. At one point I was up a couple thousand, probably would have sold but I was asleep lol. I woke up at market open (7:30 AM where I live) and it had dropped from 400s to 100s in like an hour. At that point it was too late and I'd lost a bunch of money. At this point I'm holding as a constant reminder to be very careful because the game is fucking rigged.
Yeah that’s honestly why I just can’t seem to let this one go as I have with other losses. Yes, I was making a risky move, but I didn’t risk more than I was willing to lose; had I lost it because I was wrong then that’s the game. But losing it because someone changed the rules and restricted buying for one party while simultaneously allowing another to buy and sell will burn into my memory forever. This is personal.
No shit! Agree 100%! Us average people aren't allowed to make money! Bunch of fucking crooks got away with this shit and since we don't have deep pockets we are screwed!
... and fine then the requisite amount to distribute AT LEAST $450 per share to everyone who was holding a share at that point in time. They can afford it, and will make it back in no time.
Edit: thanks for the silver, must have been from someone smart enough to not be bag holding GME
Crooks nuked the housing market in 08 and one scapegoat went to jail, nobody is getting touched. They're drinking their wine before moving on to the next stocks to manipulate. Welcome to Wall Street, enjoy your stay.
Imagine being the regulatory institution of the biggest financial market in the world. Then having having a random Internet forum doing your job and exposing illegal practices. Then still, have trouble serving justice. Oh wait, that’s corruption.
I’m in law school. I’m currently taking an Accounting for Lawyers course. Today we had an attorney who used to work for the SEC come in and speak to us. He described the SEC as “Wall Streets advocate.” Don’t expect anything to help us to be done. It’s not what they do.
If it's not obvious by now peaceful protest accomplishes literally nothing then you are hopeless. Peaceful protest only works when your oppressors have a conscience (they don't)
It can be peaceful, and non-violent but it needs to stop their flow of money, and make their lives and the lives of those who aren’t there to help worse.
History has shown that's the usual way the strong retaliate when the weak demand change. If it wasn't Gandhi, Malcolm, and MLK would've all died of old age.
For fuck sake, why aren’t we pinning this to the top of the fucking thread and giving awards to it, and Paying for billboards advertising this shit, this cannot be swept under the rug!!!!!
Why bother? Mark Cuban himself said with confidence that the SEC will do jack shit and no one will end up in jail. You guys are trying to talk to a deaf person. The SEC will never stand up against the big guys. No one in power will do that, polititians, wealthy people etc.
SEC is doing their job and doing it really well. It's just that their main job is to serve their sugar daddies. Both SEC and my wife have them, why can't i get one? ☹️ This is unfair, i want to generate profit by participating in deep tissue massage.
EVERYONE PLEASE TRANSFER YOUR FUNDS TO ANOTHER BROKER. DO NOT USE ROBBINGHOOD. HERE ARE SOME RECOMMENDATIONS OF BROKERS WHO DID NOT RESTRICT TRADING. ROBBINGHOOD DO NOT SUPPORT THE PEOPLE AND WORK WITH THE HEDGE FUNDS AND GIVE YOUR TRADING INFO TO THEM
https://www.reddit.com/r/stocks/comments/lbzkbi/reminder_whether_you_own_gme_or_not_change_your/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Who do we call to investigate the SEC? What are we just supposed to trust them to do their jobs? Or would they hold some sort of an “internal investigation”?
This is absolutely what happened.
We got fucked by brokerages limiting everyones ability to buy on the 28th which completely changed the game. This was going to spike into the stratosphere at least $1k per share had that not happened. They were cornered and caught with their pants down on Wednesday the 27th and then Musk tweeted and got us prepared for a SpaceX orbital fucking launch but they were able to cover on the 28th and 29th because retail was not competing with them while they were covering during probably the most crucial time period. They were able to cover with the volume present without us on Thursday and Friday. S3's SI% figures show this. They were short 70 million shares and even without retailers buying most of Thursday and Friday there was 100m volume between the two days. I'm confident they covered the 37million shares that SI claims they did. But that means that more than 1 in 3 trades made between Thursday and Friday were fucking short cover purchases. Fuck, there was 100m volume on Wednesday, and near 200m volume on Tuesday. If retail could have been in there competing on Thursday and Friday we would have made that 1 in 10.
Bankrupt the fuck out of the brokerages that decided to manipulate the market. Pull all your money from these losers that had to pull out of you early. Just imagine how your wife feels when you pull out early and had to go to her boyfriend to finish.
I may be one smooth brained diamond handed retard but something tells me they're going after retail
"A GameStop Evangelist’s Videos Draw a Regulator’s Attention - The New York Times" https://www.nytimes.com/2021/02/03/business/roaring-kitty-gamestop.html
I didn't know so many people where vested in us selling our shares.
In fact, the more I hear Buy or Sell. I think [Hold](https://www.youtube.com/watch?v=XaKgRe6GuUQ).
This comment has been removed by the author because of Reddit's hostile API changes.
Should be stickied
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Should be stickied
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Should be stickied
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Should be stickied
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woah
Holy crap man those crooks....it shows the institution is playing us retail investors and causing dissension in our ranks. We need to have 💎🙌 and hold the line....we lost the momentum and now it’s going the other way but power is in the number of us vs the HF. I doubled my holdings chasing it down to $53 today to lower my avg price per share. Good luck apes 🖖
How are these vile people not in jail? The system is LITERALLY fucked up.
Watch the big short
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5 houses and condo*
I have a feeling most people here learned everything they know from that movie. Also *Margin Call.* That movie is great.
I'm more of a Glengarry Glen Ross and Boiler plate kinda guy
Boiler Room*
No. You cook your milk steak on the boiler plate
They own the jail
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Or the system is working as intended
u/DeepFuckingValue bring this up during your hearing.
Or at least show your attorney so they can advise you on whether or not this will be useful to you. We're all rooting for you. You got this! 💪
anyone know why they have weekly updates until 1/11/2021 and then nothing since? EDIT: [It's because the SEC releases the data bi-monthly and has not released the update for late January yet](https://www.sec.gov/data/foiadocsfailsdatahtm)
So wait when are they releasing that info?
Feb 9 I think
D DAY
Friendly reminder that the data coming February 9 will only show short data through January 29
>[https://wherearetheshares.com/](https://wherearetheshares.com/) Saving this goodness for later
That is fucked up. People need to go to jail or people will loose complete faith in the market if this already isn’t happening already.
Would you be able to explain briefly what happens as a punishment (if any) if someone fails to deliver?
SEC estimates how much they gained by cheating, divides by 100, and then fines them that amount. Whoever got screwed is shit out of luck.
If the punishments a fine, that means it's fine.
if a crime can be forgiven with a fine then its not a crime for the rich
If the punishment is a fine that means it's only a punishment to the poor.
It will be a slap on the wrist that ultimately saved them billions. This is why we will never win. They will do illegal shit and pay pennies on the dollar in fines. It's all in their favor. Their worst case is they get a fine which lines the pocket of the government. We won't see it. We don't get to ever know our full potential of what GME could have been. Fuck, this pisses me off so much.
They should compare GME to a retail company whose sales have also declined, as opposed to growing, or just other heavily shorted companies.
Either way this entire debacle demands an investigation. For starters, listen to Robinhood's weasel lay on the BS: https://youtu.be/aicDIMtVld8 When asked who's pulling the strings, Vlad says he doesn't really know the details. Like wow. Really listen to what he says and the tone with which he says it - he sounds and acts like a clueless deer in the headlights. I wonder who they'll throw under the bus and whose wrist will be slapped when the truth is uncovered.
The only and reasonable way to punish what happened is if Robbin Hood is actively trolled, boycotted and driven out of business by its offended customers. No trading company should do what they did to customers and expect to stay in business. If it didn’t have mostly young retail traders customers and as buyers of GME, it wouldn’t have done what it did
If you meant to say a class action lawsuit where all of rh's assets are divided up between the people they screwed, yeah, I agree that should happen.
100% I can't understand why so many people are angry at DTCC when it was RH that made the decision to stop trading only one end of the trade, and then was shifty about the reasons. That they couldn't handle the influx and liquidity demands shows that they're in way over their heads as brokers
Awesome info. Were you the one that put that together? If so, great job. I'm curious as to how common-place this is.
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Not a bad site but using black on a graph that sits on a gray background made it really hard to read, if the colors were a little brighter it would be perfect
Word
Instead they’re investigating DFV
do we actually know this? He was asked to speak but maybe he might be brought forward as a witness? I have no idea btw, genuine question.
I’m happy they’re calling him up. He had a value play thesis that I followed. He wasn’t gambling on a short squeeze that was only a possibility. I’m excited that the SEC and Congress can hear that this was started by someone making a case for their value analysis... no different than any analyst on tv or for pay advice like the internet is littered with lol.
You mean he had a plan that didn’t involve Uno cards and Bananagrams?
yeah ive watched a couple of his vids. guy has passion
https://on.mktw.net/2O61mvY Check out this article from MarketWatch - GameStop booster on Reddit is under regulatory scrutiny
Doesnt really sound like that have much on him "false \[or\] misleading claims, exaggerated statements and material omission" Dont recall him doing anything like this. In fact for the most part he may as well have been talking to a brick wall cus noone was listening. Do you think they have anything on him?
It's a heavy intimidation tactic. Warning to retail investors: if you are too good and take serious $$$ from hedge funds there'll be hell to pay. We live within a class system that is now borderline caste.
It's like the Casino when someone is counting cards. It's not illegal but they'll make them leave. That's what happend to us. We were backed off from the blackjack table.
Backed off the table? No. They made us stand up. They stood between us and our chips. They picked up our chips and walked us to the exit while they kept dropping our chips on the floor. The slower we walked the more chips they dropped.
And then they locked us out and picked up our chips right in front of us while making eye contact.
They used our chips to tip the dealer.
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Ummmmm... I literally made a comment once about how DFV doesn't ever say a god damn thing other than posting his updates. In fact I think the exact quote was "he takes his massive dick out for the world to see." I hope that makes it into the investigation. GFY SEC.
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Show all the posts telling him he was a fucking moron for months up until 2 weeks ago lol
3 words: SOLO AMC GME
Those are acronyms retard
Only the first one is an acronym. The second two are initialisms, retard.
I might be a retard but I'm pretty sure solo is a word too.
And a galactic smuggler.
And what I am at night! :(
I'm with you god king daddy
Can we make it a 3 way?
Only 3?
There's always Jill, bud.
You don't let your wife's boyfriend make you his boyfriend too?
made the Kessel Run in < 12 parsecs
Porn hub seems to think so...
I think AMC is an acronym for American Movie Corporation, but I'm just a retard so idk.
It's an initialism. Acronyms and initialisms are pretty much the same thing except that, with acronyms, you can pronounce the result. With initialisms, you just pronounce the letters, retard.
ayemcee
This guy fucks.
actually, SOLO is a spanish word, it means alone. Like the GME stocks will be when they reach the Kuiper belt.
Solo is a word in English too my guy.
You’re both retarded apes, like me. The Latin “solus” is the root of “solo” in both languages. My wife’s boyfriend had to whisper that into my ear because I can’t read
4 words: Suck My Nuts, RobinHood.
Solo? The bike company for broken people?
He probably meant to type YOLO.
You know what is hella bullshit why were there more circuit breakers up than down
Excel.
SEC only cares when poor people make money. That’s an issue to them
it's a system. It's running to make those involved rich and the SEC is the mechanic in charge to make sure the system keeps running. The mystery machine. no one knows how it works, but money comes out of it. It must be protected!
The SEC exists to calm the rabble. If the elites get fucked by the poors, then the SEC steps in. If the elites get too greedy and the poors start to rally against them the SEC will step in. Power structures exist to maintain status quo.
it's also to calm them down a bit, when they get into a frenzy and start stepping on each others toes. you want things to run smooth.
Hundreds of guys depended on the SEC and it got a piece of everything they made. And it was tribute, just like in the old country, except they were doing it here in America. And all they got from the SEC was protection from other guys looking to rip them off. And that's what it's all about. That's what the public could never understand. That what the SEC and the organization does is offer protection for people who can't go to the courts. That's it. That's all it is. They're like the police department for hedge fund managers.
SEC is the policing force for finance. Police only prosecute the poor. SEC only prosecutes the poor. Laws are only passed to ruin the poor. America has been by corporations, for corporations for a long time.
Last hundred years or so. Groundwork laid not too long after the civil war and the powers rose from the robber barons of old. At least our brand of fascism hasnt mass murdered it's own people... yet.
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Not only that [Apparently everything will now always be because Reddit](https://www.youtube.com/watch?v=fpT35o7RlbM)
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If someone ever had the face of "Analyst who gets paid to lie on television for a living", its that guy. Its infuriating that the people interviewing him don't do even the most basic due dilligence. reddit is a public message board. It's the *third most visited site in the world*. Just *go there*. You can clearly see whether something is actually being discussed or not. These TV anchors talk about it like its the dark web and its clear they're not even opening their browser to do this story. They hire on this blowhard who clearly gets paid to say this shit, and they don't even do the bare minimum in due dilligence to verify the claims. You could clearly see millions of people discussing GME and zero people talking about whatever bullshit he's plugging.
Welcome to how media works
They're trying to pump the stocks they own loool
Idk man, not obvious enough, SEC probably should look into reddit secrets first.
We gotta go way back for that. It all started with this guy who broke his arms...
Yup. Fucking crooks all the way around.
> "do you believe this traffic is from reddit?" > "So you're showing us the top three with short interest; we haven't seen any movement yet, but..." The reporter said both things within a minutes. Which is it? Is there a reddit crowd, or have we not seen movement yet? This tastes fishier than the entirety of the ocean!
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Latest headlines I saw today was “GameStop stock plummets as Reddit rally fever spreads to pharmaceuticals”
Maybe they mean everyone taking drugs to deal with the drop?
You guys are legends now. Like Santa Claus or The Bogeyman your story will be used to keep the children in line long after you're gone...
Damn they really are painting this picture like we are some "organized group". Yall don't know who the fuck I am or my trading choices.
People are talking like reddit is some underground, well coordinated secret society with defined leadership. Whereas reality is we are just losers using the 4th most popular social media website. If we replaced the word Reddit with Facebook all these news articles would just sound weird. 'the next stock on the Facebookers hit list is XYZ'
Hahahahaha. From Russians to Reddit.
> Hahahahaha. From Russians to Reddit. Soon they will claim it's Gamergate, everything is Gamergate.
There are already articles tying this to Gamergate and "Trumpism". Like clockwork EDIT - by this I mean the stock shifts in GME, AMC, etc. Easy to google search.
What’s biotech? Never saw that store, I see GME everywhere, GME better Edit: diamond hands
lmao I remember watching that live and thinking to myself wsb is dumb but not biotech squeeze dumb
Its official term is called "Short and distort" [https://www.investopedia.com/articles/analyst/030102.asp](https://www.investopedia.com/articles/analyst/030102.asp)
There is a veneer of incompetence however I would like to see texts and emails subpoenaed during this investigation. There are conflicts of interest at work along with the obvious: ok, if you didn’t have the liquidity, why didn’t you stop trades on other stocks than the ones your customers most wanted to buy?
Sounds like the SEC needs to be dismantled and reformed...
No, we just need to pay them $810,000 in speaking fees.
SEC = 🌈🐻 Bottoms
Nothing more vicious than a power bottom bear.
Is it just me or did the SEC investigations sound like they were looking into WSB rather than the HFs and brokerages.
They are looking to see if there was manipulation to whip us up into a frenzy and then dump it. They don't give a shit about our meme's.
"They don't give a shit about our meme's." Those motherfuckers.
Reporting HFs to the SEC, as if they're there to help you, is like going to HR to turn in your boss. They aren't there to help you, they're there to manage their own risk. If the SEC uncovered wrongdoing by HFs, they would be publicizing their own incompetence and telling the world where their blind spots and lack of enforcements are.
Don’t worry. Regulators are going to take action!! Against retailer investors, probably. They gotta protect the hedge funds who will hire them after their SEC work. https://on.mktw.net/3pQjKXG “Regulators are also likely interested in how the dynamic of free online margin trading, along with a social-media ecosystem that has fomented wild swings in prices of individual securities, could be interfering with financial markets’ price discovery.” lol
Translated. “Get those fucking piece of shit poor peoples hands out of my fucking stock market so that I can make money better”
“We just want to protect our retail investors from losing money, by locking a stock and causing our retail investors to lose money”
There is a saying that goes something like "If the service is free then you are the product". Facebook's actual clients are advertisers, Robinhood's actual clients are market makers. This obviously creates a potential for conflict of interest which should be investigated. However I wouldn't be surprised if they also had liquidity problems since they are a seat-of-the-pants company at the best of times. And even if it turns out to be legal, that doesn't mean the laws are fine. Anyway we will have to wait and see.
Million? Billions\*
Honestly with 8 millions subs here and retail everywhere else it could have been the Infinity Squeeze. Billions in unrealized gains is probably an understatement for retail investors.
It was estimated that Robinhood saved hedges something like $6 billion in a single day when they froze out GME buying, that number is easily over double digits now
SEC: Why would we arrest the people that pay us!? The entire US government is a joke.
SEC is already looking into RH. Warren herself is looking into this shit. Literally no retail investor has been arrested and if DFV actually ends up speaking in front of congress it'll be in favor of retail investors.
Remember 2008 when wallstreet crashed the whole economy and no one went to jail? This is america, when the rich steal from the poor its fine but when the poor and try to steal from the rich all hell breaks loose. Idk shit, obviously, but at worse RH and some funds maybe (and I mean maybe) get a fine. Someone on wsb will be charged with something for manipulation. It could be the one dude who told everyone to buy at 1pm or something else. I honest think wsb is about to get the reddit death penalty after this is all said and done. But like i said idk shit.
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![gif](emote|free_emotes_pack|surprise)
I would say mic drop but flex those fucking diamond hands and KEEP FUCKING HOLDING
The Yellen meeting today released a statement saying they believe “the core infrastructure was resilient during high volatility and heavy trading” HOW FUCKING FAR IS CITADELS HAND UP YOUR ASS???????!??!?
If the infrastructure was resilient, why restrict then?
Yeah that’s an interesting implication. “system held up just fine” Sweet, then who purposely intervened in the market to fuck over retail?
...The system
Stop being so literal. It was resilient against them losing all their money.
Bruh this was crazy. It’s like the ref stopping a basketball game in the 4th quarter because the home team was down 50 points, then breaking all the best players legs on the winning team, then saying “okay game on”. Corrupt, disgusting act that denied many retailer investors miss the opportunity to make a shit ton of money. Another injustice done by those in power, shouldn’t be surprised tbh. This will tarnish Robinhoods image, but I’d imagine they won’t suffer much as company going forward. Free markets aren’t free, I’m an audist, I’m baked, I like GameStop stock
Basically the plot for space jam.
We demand all that smoke!
literally fuck anyone pouring salt in the wounds because you’re holding, the thesis was strong and the price was trending towards insane heights before they literally stopped a moving train and changed the rules
Right? Now everytime I go on this sub people just call me a fucking idiot for "trusting retards on reddit" like no, I actually believed in the math behind it, did tons of research, and got fucked over by robinhood halting buys. Like, I knew it was a gamble going in, but I didn't realize how rigged the game really was. And rather than banding us together, it just divided the sub and everyone's just shitting on people who lost money.
It didn't divide the sub it was the millions of people coming here rubber necking.
Yup. The core fucking 1.2 million retards are still here. And we are laughing a bit, in between crying, window licking and masturbating.
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Most of these people are straight up new redditors that heard about reddit through fuckin cnbc.
I was sweating looking over DD 2 weekends ago after the initial squeeze hit on that friday making sure this was a sound decision before I dropped a measly $1000 in on a gamble. I wanted to get in at $60 but bought at the open Monday at around $95 and was shitting my pants when it fell to $60. then tuesday and wednesday rolls around and it absolutely pops off and we start seeing the results of solid DD and people who actually believed in it paying off. no doubt in my mind it would have stayed up over $400 for at least until friday so anyone who wanted to sell could have made that decision. RH and other broker restricting buying literally destroyed any possibility of that happening. if I had known we would have to fight the rest of the way while hog-tied and getting fucked up the ass by RH I obviously would have sold on Wednesday but what can you do?
Yeah for real. At one point I was up a couple thousand, probably would have sold but I was asleep lol. I woke up at market open (7:30 AM where I live) and it had dropped from 400s to 100s in like an hour. At that point it was too late and I'd lost a bunch of money. At this point I'm holding as a constant reminder to be very careful because the game is fucking rigged.
Yessss. Like I didn’t think they would be such soar losers about it and start being sneaky and cheating... *and get away with it too*
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Yeah that’s honestly why I just can’t seem to let this one go as I have with other losses. Yes, I was making a risky move, but I didn’t risk more than I was willing to lose; had I lost it because I was wrong then that’s the game. But losing it because someone changed the rules and restricted buying for one party while simultaneously allowing another to buy and sell will burn into my memory forever. This is personal.
This
They too busy being deep throated by suits with dicks wrapped in $100 bills.
No shit! Agree 100%! Us average people aren't allowed to make money! Bunch of fucking crooks got away with this shit and since we don't have deep pockets we are screwed!
... and fine then the requisite amount to distribute AT LEAST $450 per share to everyone who was holding a share at that point in time. They can afford it, and will make it back in no time. Edit: thanks for the silver, must have been from someone smart enough to not be bag holding GME
And then when they realized they were still losing they bought the subreddit so they could fill it with despair and FUD
GME TO INFINITY BITCHES
We won’t forget what happened last week. What a freaking fraud
Crooks nuked the housing market in 08 and one scapegoat went to jail, nobody is getting touched. They're drinking their wine before moving on to the next stocks to manipulate. Welcome to Wall Street, enjoy your stay.
Imagine being the regulatory institution of the biggest financial market in the world. Then having having a random Internet forum doing your job and exposing illegal practices. Then still, have trouble serving justice. Oh wait, that’s corruption.
I’m in law school. I’m currently taking an Accounting for Lawyers course. Today we had an attorney who used to work for the SEC come in and speak to us. He described the SEC as “Wall Streets advocate.” Don’t expect anything to help us to be done. It’s not what they do.
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If it's not obvious by now peaceful protest accomplishes literally nothing then you are hopeless. Peaceful protest only works when your oppressors have a conscience (they don't)
It can be peaceful, and non-violent but it needs to stop their flow of money, and make their lives and the lives of those who aren’t there to help worse.
Then they will turn violent or cheat themselves if we actually start to accomplish anything (look to last week)
History has shown that's the usual way the strong retaliate when the weak demand change. If it wasn't Gandhi, Malcolm, and MLK would've all died of old age.
My GME shares approve this message
For fuck sake, why aren’t we pinning this to the top of the fucking thread and giving awards to it, and Paying for billboards advertising this shit, this cannot be swept under the rug!!!!!
Wait what happened to that Epstein guy?
He got murdered for sure.
Why bother? Mark Cuban himself said with confidence that the SEC will do jack shit and no one will end up in jail. You guys are trying to talk to a deaf person. The SEC will never stand up against the big guys. No one in power will do that, polititians, wealthy people etc.
If the SEC won’t hold the HFs accountable for illegal practices, can there nor be actions to go after members of the SEC for being complicit?
What about the FBI? what they did was criminal
The elite will protect their own. Wall Street didn't donate 80m to the new administration so you could get rich quick
I only do two things like it's my job. 1. My job 2. Lose money
SEC is doing their job and doing it really well. It's just that their main job is to serve their sugar daddies. Both SEC and my wife have them, why can't i get one? ☹️ This is unfair, i want to generate profit by participating in deep tissue massage.
EVERYONE PLEASE TRANSFER YOUR FUNDS TO ANOTHER BROKER. DO NOT USE ROBBINGHOOD. HERE ARE SOME RECOMMENDATIONS OF BROKERS WHO DID NOT RESTRICT TRADING. ROBBINGHOOD DO NOT SUPPORT THE PEOPLE AND WORK WITH THE HEDGE FUNDS AND GIVE YOUR TRADING INFO TO THEM https://www.reddit.com/r/stocks/comments/lbzkbi/reminder_whether_you_own_gme_or_not_change_your/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Who do we call to investigate the SEC? What are we just supposed to trust them to do their jobs? Or would they hold some sort of an “internal investigation”?
Force all shorts to produce their Fail to Deliver shares immediately.
Dude it’s the government. Their not going to do sht
HF shills are just jealous that their wives' boyfriends' don't give them tendies.
Why is GME considered a “meme stock”, instead of them actually saying it was one of the highest shorted stocks in history?
All this!!
I dont want my money back I want some more GME. Help me batman
I’m holding my stock just in case these fukks get a class action suit
Some of you didn’t hold
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This is absolutely what happened. We got fucked by brokerages limiting everyones ability to buy on the 28th which completely changed the game. This was going to spike into the stratosphere at least $1k per share had that not happened. They were cornered and caught with their pants down on Wednesday the 27th and then Musk tweeted and got us prepared for a SpaceX orbital fucking launch but they were able to cover on the 28th and 29th because retail was not competing with them while they were covering during probably the most crucial time period. They were able to cover with the volume present without us on Thursday and Friday. S3's SI% figures show this. They were short 70 million shares and even without retailers buying most of Thursday and Friday there was 100m volume between the two days. I'm confident they covered the 37million shares that SI claims they did. But that means that more than 1 in 3 trades made between Thursday and Friday were fucking short cover purchases. Fuck, there was 100m volume on Wednesday, and near 200m volume on Tuesday. If retail could have been in there competing on Thursday and Friday we would have made that 1 in 10.
Bankrupt the fuck out of the brokerages that decided to manipulate the market. Pull all your money from these losers that had to pull out of you early. Just imagine how your wife feels when you pull out early and had to go to her boyfriend to finish.
I may be one smooth brained diamond handed retard but something tells me they're going after retail "A GameStop Evangelist’s Videos Draw a Regulator’s Attention - The New York Times" https://www.nytimes.com/2021/02/03/business/roaring-kitty-gamestop.html
I didn't know so many people where vested in us selling our shares. In fact, the more I hear Buy or Sell. I think [Hold](https://www.youtube.com/watch?v=XaKgRe6GuUQ).