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If the SEC does not take action. The market will Tank next week
Posted on 1/29/21 at 4:35 pm
Posted on 1/29/21 at 4:35 pm
If the SEC does not make a move to punish or arrest everyone involved with pausing trading on GameStop I think you’ll see a market nosedive. The common investor will have lost complete faith in the system knowing it is rigged to the elites.
Posted on 1/29/21 at 4:37 pm to Catchfalaya
I’m sure the federal government will get right on restoring your faith in the free markets once it gets done with restoring your faith in free elections
Posted on 1/29/21 at 4:37 pm to Catchfalaya
Good
Screw the uppity assholes
Screw the uppity assholes
Posted on 1/29/21 at 4:38 pm to Catchfalaya
Keep an eye out over you shoulder. Sounds like you’re inciting a market insurrection.
Posted on 1/29/21 at 4:38 pm to Catchfalaya
I don't think it will tank, but it will drop when the common man no longer has faith. With that said, I am enjoying more and more the videos of investors losing their minds over this.
Posted on 1/29/21 at 4:39 pm to Wednesday
Get out if you still can. Protect the profit.
Posted on 1/29/21 at 4:40 pm to Catchfalaya
Sure are a lot of people with zero 401ks or Roths rooting for the market to burn
Posted on 1/29/21 at 4:41 pm to Bulldogblitz
Maybe because they have integrity
Posted on 1/29/21 at 4:42 pm to Catchfalaya
Doubtful. Most people aren't going to make major adjustments to their retirement accounts.
Posted on 1/29/21 at 4:42 pm to theunknownknight
Everything should be back to normal in about two weeks.
Posted on 1/29/21 at 4:43 pm to Catchfalaya
Good thing I invested in physical gold, silver and lead.
Posted on 1/29/21 at 4:48 pm to Catchfalaya
quote:
I think you’ll see a market nosedive.
Depends on what you consider a nosedive. Probably 90% of trades are done via quant by institutional investors. I don't see the retail market breaking the market.
Posted on 1/29/21 at 4:49 pm to Crimson Wraith
I'm sure they will take action.. but not against who they should. They will punish those peasants for trying to get into the market. I've heard more than one person claim that's only for the rich to make money on.
Posted on 1/29/21 at 5:11 pm to Catchfalaya
The common man investor doesn't move the market. The common investors combined, won't move the market.
They can bind together and hit a few stocks here and there, though.
They can bind together and hit a few stocks here and there, though.
Posted on 1/29/21 at 5:13 pm to Bulldogblitz
quote:
Sure are a lot of people with zero 401ks or Roths rooting for the market to burn
Yes. We are.
Posted on 1/29/21 at 5:14 pm to dakarx
The exclusive elite clubs that got burned when their manipulation backfired on them, will try to strike back at the army of ants.
However, once an army of ants tastes some short squeeze sugar, they will always be looking for more.
However, once an army of ants tastes some short squeeze sugar, they will always be looking for more.
Posted on 1/29/21 at 5:25 pm to Catchfalaya
The whole thing is shady.
Any stock losses due to Biden’s EOs is being blamed on the GameStop situation. People are angry at the wealthy and will go along with “tax the rich” plans to get payback. Folks are ready to welcome more free market regulations via the SEC.
When you’re in agreement with AOC, you just gotta stop and assess.
Any stock losses due to Biden’s EOs is being blamed on the GameStop situation. People are angry at the wealthy and will go along with “tax the rich” plans to get payback. Folks are ready to welcome more free market regulations via the SEC.
When you’re in agreement with AOC, you just gotta stop and assess.
Posted on 1/29/21 at 5:46 pm to Catchfalaya
quote:
If the SEC does not make a move to punish or arrest everyone involved with pausing trading on GameStop I think you’ll see a market nosedive. The common investor will have lost complete faith in the system knowing it is rigged to the elites.
Common investors don't provide enough trading volume to tank the markets. That's the bitch of all this.
It's hedge funds and institutional investors, which is why they're shittin' kittens trying to make them happy.
Posted on 1/29/21 at 6:01 pm to Obtuse1
The idea is that these hedge funds that are 140% short on stocks like GME are now having to sell their long positions - AAPL, GOOG, AMZN, XOM, etc. - to liquidate enough cash to cover the short positions that have blown up in their face.
This results in massive sell offs of every blue chip stock and an overall decline in the S&P. You could get mad at the nerds for forcing GME through the roof, or you could get mad at THE FREAKING HEDGE FUNDS THAT ARE STILL 140% SHORT ON GAMESTOP BECAUSE THEY KNOW NOTHING BAD WILL HAPPEN TO THEM.
It’s your choice really.
This results in massive sell offs of every blue chip stock and an overall decline in the S&P. You could get mad at the nerds for forcing GME through the roof, or you could get mad at THE FREAKING HEDGE FUNDS THAT ARE STILL 140% SHORT ON GAMESTOP BECAUSE THEY KNOW NOTHING BAD WILL HAPPEN TO THEM.
It’s your choice really.
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