They don’t NEED to short stocks. If you are getting results you don’t like, shouldn’t you adjust accordingly? Free market and whatnot?
Doesn’t capitalism require creative destruction to advance and behave efficiently?
Comments (25)
sorted by:
They don’t NEED to short stocks. If you are getting results you don’t like, shouldn’t you adjust accordingly? Free market and whatnot?
Doesn’t capitalism require creative destruction to advance and behave efficiently?
These people believe in free markets the way they believe in free speech and free elections.
Best response I've seen all day. I couldn't agree more and it's sickening.
Rules for thee but not for me.
BOOM!
Well said.
There is nothing wrong, only that the hedge fund and TPTB are losing, so they are changing the rules because they can.
Your last name. That's the difference.
Early life* You can change your last name, you can't change in what you were raised.
Youre not supposed to coordinate trades in groups no matter your size
However these rules dont really apply to hedge funds and banks. They gon tv all the time to make statements that affect a stocks price movements They meet up at dinner parties and coordinate
Its a strange world. What really matters is that the small people got together and the big people feel scared insecure threatened and vulnerable, for like the first time people are trading together as individuals
So in response the big players are colluding together differently- to block purchases, shut down service literally the app doesnt work, and give bs excuses.
Its really sad to see, though incredibly exciting
When we do it they call it market manipulation. When they do it they call it buying power.
The only difference is how many lobbyists you can afford.
The hedge funds should just build their own stock market lmao
I think we're finding out they already did that. They got rid of those pesky "day traders" a couple of years back. This is the next step in them taking our money in 401k and blocking us from any meaningful interactions in the market itself.
The difference is the ruling elite wer not in on it.
Some people are more equal than others. They use the government to attack their would be competitors. You get arrested and your assets stolen if you find out how to compete.
The ones in the boardroom are elites. They can do absolutely anything they want with no consequences, ever. (SEE: U.S. 2020 Presidential Election)
The ones on the web forum are serfs and peasants who only exist to serve the elites in the boardroom. They do not get to profit from anything and must be severely punished for trying.
That's why.
10 guys coordinating strategy to invesr a billion dollars is legal. 10,000 guys coordinating strategy to invest a million is illegal.
What's not to understand plebe? If you don't like it make your own stonk market.
They don't like when people steal their scams and grift.
Maybe they can learn to code.
So what happened.... Hedge funds were driving down GME for what reason?
No, a number of hedge funds were all in on shorting a few specific stocks. This one subreddit based around retail-level investing seems like they realized a huge flaw in this strategy, which is that if a bunch of people started buying the stock the price would go super high and the hedgies would be (are now) out billions of dollars (and some people that were part of the buying up process made a lot of money). And the government is maybe going to try to stop "it" (the "it" is done by traders all the time; they're going to have to make a law that's like, "you can't buy stock unless you have $50 million to invest.")