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$GME
If you're out of the loop, here's a brief TL;DR on the @GameStop situation:
> Wall Street tried to illegally naked short a good company (140% of shares shorted!)
> A bunch of retail investors noticed this and took the other side of the bet, helping the stock recover.
If you're out of the loop, here's a brief TL;DR on the @GameStop situation:
> Wall Street tried to illegally naked short a good company (140% of shares shorted!)
> A bunch of retail investors noticed this and took the other side of the bet, helping the stock recover.
> The hedge funds who betted against the company are now in a losing trade, and getting margin called, as they should.
> But they are "too big to fail", and the paid media and the "financial gurus" are trying to paint the retail as the bad guys here!
> But they are "too big to fail", and the paid media and the "financial gurus" are trying to paint the retail as the bad guys here!
> Thankfully we live in an era of social media boom where the story cannot be buried, and those who are on the wrong side of history will be remembered and will face the consequences (criminal, legal, financial, and reputational).
> If this happened 10 years ago, the hedge funds and their corroborators: the market makers, the financial media, the SEC, the stock market operators would join together and shake off the retail investors. But now we have access to all the right tools to fight back.
The public stock market is a rigged game. These hedge funds produce no real value: no real product or service. They simply suck money out of the working class by manipulating stocks, illegally. The other key players help them do it without getting caught or drawing attention.
Thanks to retail investor activism, some of the largest hedge funds are now going out of business. The fallout from $GME will be massive. The market will get exposed to the casino that it is. We will rebuild a new financial system from the ashes of the current one.
If you have money invested in the casino that is the market, position yourself accordingly.
@SEC_News says I am not qualified to give financial advice, but many retail investors, like myself, have astronomically better performance than hedge funds despite the game being rigged.
@SEC_News says I am not qualified to give financial advice, but many retail investors, like myself, have astronomically better performance than hedge funds despite the game being rigged.
With the liquidation event of some of the biggest hedge funds and market makers just around the corner, I am calling for a massive stock market crash that will take several years to recover from. Position yourself accordingly. These are my positions: https://twitter.com/ferdousbhai/status/1354236071463297024
