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How Reddit Brought A Multi-Billion Dollar Hedge Fund To It's Knees
01-28-2021, 10:22 AM
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#931
01-28-2021, 10:25 AM
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#932
01-28-2021, 10:25 AM
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#933
- JeepBruh
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Originally Posted By Amp30⏩
Pretty much this. The left and right want they same goal for different reasons.What can you do but meme now


One side hates corporations dictating what the masses are allowed to do and infringing on free trade while the other would like to stick it to wall street.
It is glorious to be quite honest.
01-28-2021, 10:27 AM
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#934
01-28-2021, 10:29 AM
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#935
01-28-2021, 10:30 AM
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#936
01-28-2021, 10:31 AM
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#937
01-28-2021, 10:32 AM
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#938
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If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851
Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
01-28-2021, 10:33 AM
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#939
More than 170 million shares changed hands each of the past three days, and there are only a little over 73 million shares outstanding. That's more than double its outstanding share count traded each day.-cnbc
01-28-2021, 10:33 AM
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#940
- nothingshocking
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Originally Posted By Coal
the free trading platform has prevented redditors from buying more stock to support the price - but continues to allow them to sell to depress the valueWait I'm still back on like page 11,cliffs on new developments?
stock price loses support and dips
News comes out that the trading platform (robinhood) is affiliated with the Hedge company losing their shirt
the wall street manipulation is so obvious even AOC can recognize it and everyone in the world is outraged
01-28-2021, 10:35 AM
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#941
Originally Posted By Coal
- Last night - WSB Discord got banned for 'hate speech', WSB subreddit went down temporarily, stocks went down during after hours trading.Wait I'm still back on like page 11,cliffs on new developments?
- Today - Robinhood and other apps have prevented the buying of GME, AMC, driving down the price. Massive backlash to manipulation of the market, and Robinhood's mission statement to 'democratize finance'
- Citadel (bailed out Melvin Capital) are partly responsible for Robinhood trades
- Political consensus in hatred towards Wall Street manipulation
- Stocks climbing again now
01-28-2021, 10:36 AM
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#942
- newcomb12
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Originally Posted By Jaydawg08⏩
Aren't most platforms still restricting buys? No one likely had the opportunity.One of the best things that may have happened to people was buying GME when it tanked as low as $112.. wonder how many people bought the dip
01-28-2021, 10:37 AM
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#943
- kengriffeyjr
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dog chit is manipulated by mob as a meme
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
1. DRose
2. MJ
01-28-2021, 10:38 AM
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#944
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Originally Posted By Bluku⏩
- Last night - WSB Discord got banned for 'hate speech', WSB subreddit went down temporarily, stocks went down during after hours trading.
- Today - Robinhood and other apps have prevented the buying of GME, AMC, driving down the price. Massive backlash to manipulation of the market, and Robinhood's mission statement to 'democratize finance'
- Citadel (bailed out Melvin Capital) are partly responsible for Robinhood trades
-Political consensus in hatred towards Wall Street manipulation
- Today - Robinhood and other apps have prevented the buying of GME, AMC, driving down the price. Massive backlash to manipulation of the market, and Robinhood's mission statement to 'democratize finance'
- Citadel (bailed out Melvin Capital) are partly responsible for Robinhood trades
-Political consensus in hatred towards Wall Street manipulation
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851
Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
01-28-2021, 10:40 AM
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#945
01-28-2021, 10:40 AM
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#946
Originally Posted By kengriffeyjr⏩
Negged bootlicking retarddog chit is manipulated by mob as a meme
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
AP7 crew
01-28-2021, 10:40 AM
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#947
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Originally Posted By kengriffeyjr⏩
Bootlicker.dog chit is manipulated by mob as a meme
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851
Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
01-28-2021, 10:41 AM
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#948
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01-28-2021, 10:42 AM
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#949
- xbluexhawkx
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- xbluexhawkx
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Internet retards really thought they’d take down the elite
Balanced Test Crew
01-28-2021, 10:43 AM
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#950
01-28-2021, 10:44 AM
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#951
- AltarOfPlagues
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- AltarOfPlagues
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Originally Posted By kengriffeyjr⏩
dog chit is manipulated by mob as a meme

im starting to think that an outmoded company thats market value has increased 1700% in two weeks is speculative based on this miscers assessment!
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-28-2021, 10:46 AM
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#952
- kengriffeyjr
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Originally Posted By xbluexhawkx⏩
lmaoooooInternet retards really thought they’d take down the elite
1. DRose
2. MJ
01-28-2021, 10:46 AM
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#953
Originally Posted By Dan_S⏩
This is some amazing logic.
Wall Street has been screwing everyone for decades, we finally make a dent, and this guy wants to fold because the entire house of cards where we're already being screwed might crumble?
The game is rigged, always has been. What difference does it make when everything is already in shambles? The only ones truly feeling pain will be Wall Street.
Wall Street has been screwing everyone for decades, we finally make a dent, and this guy wants to fold because the entire house of cards where we're already being screwed might crumble?
The game is rigged, always has been. What difference does it make when everything is already in shambles? The only ones truly feeling pain will be Wall Street.
Originally Posted By atgbrahsrs⏩
this
maybe I am wrong but
- retail investing is a joke
- rules for thee but not for me as I am rich ergo protect institutions
maybe I am wrong but
- retail investing is a joke
- rules for thee but not for me as I am rich ergo protect institutions
Originally Posted By Amp30⏩
The elites need to be taken down. Fuk these corrupt motherfukers
Originally Posted By Jaydawg08⏩
I REALLY want this to hit $1k.. just to have this all blow up on Wall Streets face to an absurd level.They are doing everything they possibly can in order to not let this happen
WE DON'T NEED NO WATER!
My in-laws were small business owners. They had a small motel down on the Texas coast. Ran it for over 20 years, lived on the property at first until they could afford a separate residence, did almost all of the work themselves. Then when the town started improving they sold the motel to a developer and invested the largest part of their funds in a company called Energy Conversion Devices. They were paper millionaires for a minute. Now they have put what little they had left once they also sold their house into a little condo and they are scraping by on social security.
WhenEnergy Conversion Devices Inc. went bankrupt and out of business last summer, it meant the loss of hundreds of millions of dollars of shareholder value, the loss of thousands of jobs and the mothballing of factories in Auburn Hills and Greenville.
It was a devastating end to Stan Ovshinsky's vision when he founded the company in 1960, of creating energy sources that would be superior to those created by burning fossil fuels.
Butthe company's demise wasn't devastating to the hedge funds that began shorting the company's stock in 2008, when it was trading at $72 a share.
What ECD became for them, in the parlance of Wall Street, was a "Happy Meal."
*********
According to a lawsuit filed in U.S. District Court in San Francisco in June, which is seeking class-action status, the short-selling was part of a scheme orchestrated by New York City-based Credit Suisse Securities LLC, which underwrote the public offering, and directly caused the company's demise.
The offering, said the suit, was a "fraudulent scheme to manipulate the common stock" and left ECD vulnerable to "massive and prolonged short attacks," the suit said.
The lawsuit said Credit Suisse and the lenders "manipulated the market for ECD stock by eliminating high borrowing costs that normally deter massive short-selling. The share-lending agreement allowed defendants to borrow common stock from ECD virtually for free."
Those doing a short sale are betting that the stock is going to lose value, and, boy, did ECD lose value.By the time the company filed for bankruptcy in February 2012, the suit alleges the short-selling had driven the share price to less than $1.
https://www.crainsdetroit.com/articl...to-wall-streetIt was a devastating end to Stan Ovshinsky's vision when he founded the company in 1960, of creating energy sources that would be superior to those created by burning fossil fuels.
Butthe company's demise wasn't devastating to the hedge funds that began shorting the company's stock in 2008, when it was trading at $72 a share.
What ECD became for them, in the parlance of Wall Street, was a "Happy Meal."
*********
According to a lawsuit filed in U.S. District Court in San Francisco in June, which is seeking class-action status, the short-selling was part of a scheme orchestrated by New York City-based Credit Suisse Securities LLC, which underwrote the public offering, and directly caused the company's demise.
The offering, said the suit, was a "fraudulent scheme to manipulate the common stock" and left ECD vulnerable to "massive and prolonged short attacks," the suit said.
The lawsuit said Credit Suisse and the lenders "manipulated the market for ECD stock by eliminating high borrowing costs that normally deter massive short-selling. The share-lending agreement allowed defendants to borrow common stock from ECD virtually for free."
Those doing a short sale are betting that the stock is going to lose value, and, boy, did ECD lose value.By the time the company filed for bankruptcy in February 2012, the suit alleges the short-selling had driven the share price to less than $1.
LET THE MOTHERF*KER BURN!
Yes, my FIL could have been more diversified and could have made a better exit. He did do a lot of research beforehand though, and actually went out and toured the company.
Yes the company was taking a beating from cheap Chinese solar panels, but they also were in a good cash position and held multiple patents w/I was told work in progress towards a couple of more potentially profitable patents.
https://patents.justia.com/assignee/...on-devices-inc
INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
01-28-2021, 10:46 AM
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#954
- Destor
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- Destor
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The platforms making moves like this is probably the only thing that'll stop the regulators from straight up freezing the stocks
Volatility like this doesn't belong in stock markets. There should be risk, but not to this extent. The platforms and regulators will believe they're saving newbie retail investors from buying fukking GameStop stock at a $24billion+ valuation and then subsequently getting fleeced out of their money
This is the nature of speculating, someone will be left holding bags in the end and it'll be retail traders who have no idea what they're doing. I'm getting texts from people who NEVER talk to me about stocks, and now they're talking about GME / AMC / NOK / BB
Volatility like this doesn't belong in stock markets. There should be risk, but not to this extent. The platforms and regulators will believe they're saving newbie retail investors from buying fukking GameStop stock at a $24billion+ valuation and then subsequently getting fleeced out of their money
This is the nature of speculating, someone will be left holding bags in the end and it'll be retail traders who have no idea what they're doing. I'm getting texts from people who NEVER talk to me about stocks, and now they're talking about GME / AMC / NOK / BB
01-28-2021, 10:46 AM
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#955
01-28-2021, 10:47 AM
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#956
- AltarOfPlagues
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Originally Posted By Destor⏩
a significant contingent of retail investors are fully aware that they stand to lose money. they know exactly what they are doing.The platforms making moves like this is probably the only thing that'll stop the regulators from straight up freezing the stocks
Volatility like this doesn't belong in stock markets. There should be risk, but not to this extent. The platforms and regulators will believe they're saving newbie retail investors from buying fukking GameStop stock at a $24billion+ valuation and then subsequently getting fleeced out of their money
This is the nature of speculating, someone will be left holding bags in the end and it'll be retail traders who have no idea what they're doing
Volatility like this doesn't belong in stock markets. There should be risk, but not to this extent. The platforms and regulators will believe they're saving newbie retail investors from buying fukking GameStop stock at a $24billion+ valuation and then subsequently getting fleeced out of their money
This is the nature of speculating, someone will be left holding bags in the end and it'll be retail traders who have no idea what they're doing
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-28-2021, 10:47 AM
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#957
- VoxExMachina
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A lot of kids are going to be left in tears when this party comes to an end.
It's all fun and games.... until it's not.
It's all fun and games.... until it's not.
☠ By reading this post, you have agreed to my negative reputation terms of service.
01-28-2021, 10:49 AM
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#958
01-28-2021, 10:49 AM
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#959
- entropy91
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Originally Posted By kengriffeyjr⏩
Negged shilldog chit is manipulated by mob as a meme
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
robinhood stops manipulation
mob cries, and are left holding a ginormous bag
fact of matter is, these ppl aren't traders, and have the slightest clue on what to do. they bought positions simply because of fomo/greed. traders/people with a brain bought and took their profits a long time ago. but there are idiots like dave portnoy that are telling these poor ppl to continue holding losing positions on companies like gamestop, amc and nokia.....it's sad.
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