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If the SEC or Fed steps in to help the Wall Street institutions that shorted GME....

Posted on 1/27/21 at 8:00 pm
Posted by goofball
Member since Mar 2015
16864 posts
Posted on 1/27/21 at 8:00 pm
....and cracks down on small retail investors who discussed a stock on a message board.

Would that finally convince some of you that we are all subjects to the ruling class rather than citizens of the USA?

A lot of people think the system is rigged against the masses that make up the working and middle class and that we have a two tiered justice system. Many think that the 2016 primary was stolen from populist Bernie Sanders. Even more think the 2020 election was fraudulently rigged in favor of a DC insider. If we were not intentionally divided on superficial social issues, the coastal elites would be totally fricked.




Edit: Borrowed this image from the PT

...
This post was edited on 1/28/21 at 12:15 pm
Posted by The Boat
Member since Oct 2008
164137 posts
Posted on 1/27/21 at 8:02 pm to
Here come the Tigers

Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 1/27/21 at 8:02 pm to
Golden Rule.

He who has the gold makes the rules.
Posted by OweO
Plaquemine, La
Member since Sep 2009
113951 posts
Posted on 1/27/21 at 8:03 pm to
I just wish Vandy would be more competitive. And Tennessee. That program is a frick show right now.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55634 posts
Posted on 1/27/21 at 8:03 pm to
frick the suits
Posted by LoneStar23
USA
Member since Aug 2019
5170 posts
Posted on 1/27/21 at 8:06 pm to
Everyone is equal. But some are more equal than others
Posted by goofball
Member since Mar 2015
16864 posts
Posted on 1/27/21 at 8:08 pm to
I’m not sure how you can go through the last 15 years and not be disgusted with the coastal elites.

CNN just said it should be illegal to discuss the timing of an investment on the internet. Reddit is being pressured to shut down one of their subreddits. You know that law enforcement is looking at charging some people that posted there.
Posted by Dr RC
The Money Pit
Member since Aug 2011
58071 posts
Posted on 1/27/21 at 8:08 pm to
we should do the same thing here TBH.

wall street shitheads cheer on Gordon Gecko like he's a hero.

time for them to take their medicine.
This post was edited on 1/27/21 at 8:09 pm
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 1/27/21 at 8:09 pm to
The autist on reddit may not realize what they have started.

Will be interesting to see what happens after this.
Posted by bbrownso
Member since Mar 2008
8985 posts
Posted on 1/27/21 at 8:10 pm to
quote:

If the SEC or Fed steps in to help the Wall Street institutions that shorted GME....
....and cracks down on small retail investors who discussed a stock on a message board.

Worst case, a lot more really pissed off small/medium investors who might take their money OUT of the market.

If you make the game too rigged, NO ONE but those the game is rigged for, will want to play anymore.

Then again, while I like to think the government isn't that stupid . . . experience tells me otherwise.

quote:

CNN just said it should be illegal to discuss the timing of an investment on the internet. Reddit is being pressured to shut down one of their subreddits. You know that law enforcement is looking at charging some people that posted there.

It would be interesting to see what statute they would be charged with violating.

And it brings up an interesting conundrum: if these people are willing to gamble with their money, are they willing to gamble with their potential jailtime? If enough people are charged, it becomes a question on how quickly and efficiently the government can try them.

Our criminal justice system relies on a certain amount of people pleading their cases down; full trials take time and effort. If a lot of people decide to go to trial, it muddies up the system and could complicate a lot of other trials as well.
This post was edited on 1/27/21 at 8:14 pm
Posted by Tigers0891
Baton Rouge
Member since Aug 2017
6574 posts
Posted on 1/27/21 at 8:10 pm to
Everyone laughs at the Bible thumpers. Everyone snickers and rolls their eyes at Alex Jones.

Turns out they were both right. We are doomed.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 1/27/21 at 8:11 pm to


Pretty crazy how this is now considered an offensive image to the football team (flags, not CLM)
Posted by Landmass
Member since Jun 2013
18137 posts
Posted on 1/27/21 at 8:12 pm to
quote:

You know that law enforcement is looking at charging some people that posted there.



What crime would they be charged with? I heard the Discord board got shut down. This tech censorship is scary as F... considering that they are trying to silence freedom of speech.
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 1/27/21 at 8:13 pm to
quote:

Wall Street institutions that shorted GME


This was actually a trend?

IDK. Their market cap is just under $25,000,000,000 right now. Like their locations, that just doesn't pass the smell test. I wonder what's propping up that valuation. I don't support a bailout, I support an investigation.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 1/27/21 at 8:15 pm to
Maybe there is some stock manipulation, but I have no idea what that would entail. I know last Friday there were some, that seemed logical, nervous on the sub. I think they realized they had pissed off some elites and knew what that could bring.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8147 posts
Posted on 1/27/21 at 8:16 pm to
And I give zero fks.... as many plays that I’ve been in only to have that shite spike down with no recovery bc they coordinated a short attack to fear monger people to sell at a loss. That’s ok but not coordinating with others to buy? I always call them “Antifa by night... Bears by day!” It pisses them off but they never deny being lefties!
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8147 posts
Posted on 1/27/21 at 8:18 pm to
The smell test? The short interest was 138%. Are you familiar with short attacks and shorting most of the shares to drive the price down?
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55634 posts
Posted on 1/27/21 at 8:18 pm to
quote:

This was actually a trend?

IDK. Their market cap is just under $25,000,000,000 right now. Like their locations, that just doesn't pass the smell test. I wonder what's propping up that valuation. I don't support a bailout, I support an investigation.
have you been off the grid the last couple days?
Posted by Arbengal
Louisiana
Member since Sep 2008
3012 posts
Posted on 1/27/21 at 8:18 pm to
Until he gets dragged into the street and hung upside down by his testicles. Those that ignore history.....
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 1/27/21 at 8:20 pm to
quote:

have you been off the grid the last couple days?


If he thinks Gamestop is worth 25 Billion he obviously has been.
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