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People are "storming the Capitol" on the financial markets right now

Posted on 1/27/21 at 9:17 am
Posted by Y.A. Tittle
Member since Sep 2003
101474 posts
Posted on 1/27/21 at 9:17 am
And my fear is it's only going to similarly embolden politicians to "do something" to stop it in the future. In other words, frick a lot more shite up much worse than we could even imagine.

Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 1/27/21 at 9:20 am to
i can just imagine the panic all those short sellers are feeling right now
Posted by Seldom Seen
Member since Feb 2016
40255 posts
Posted on 1/27/21 at 9:20 am to
Posted by The Maj
Member since Sep 2016
27158 posts
Posted on 1/27/21 at 9:21 am to
quote:

similarly embolden politicians to "do something" to stop it in the future


Well, you simply cannot have commoners getting all uppity and thinking that what they think actually matters... Our government overlords know what is best for us and we should be satisfied by the scraps from their table and the illusion of freedom they provide...
Posted by finchmeister08
Member since Mar 2011
35672 posts
Posted on 1/27/21 at 9:21 am to
i need y'all to go buy all the nucor stock so my portfolio will go back up.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/27/21 at 9:22 am to
They will.



It certainly feels like a non-traditional revolution has been trying to take place in many ways. This seems one of them.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45292 posts
Posted on 1/27/21 at 9:25 am to



Posted by Y.A. Tittle
Member since Sep 2003
101474 posts
Posted on 1/27/21 at 9:26 am to
quote:

i need y'all to go buy all the nucor stock so my portfolio will go back up.


Sorry, I can't get on anything that would allow me to do so.
Posted by Tdot_RiverDawg
Member since May 2015
1701 posts
Posted on 1/27/21 at 9:33 am to
Remember when Obama but in the Stock Act but congress and senate quietly voted to repeal it?

Fed employees can insider trade

Posted by cwill
Member since Jan 2005
54752 posts
Posted on 1/27/21 at 9:36 am to
Can someone get on reddit and tell them about Northern Oil & Gas ($NOG)?
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45292 posts
Posted on 1/27/21 at 9:37 am to
quote:

short sellers are feeling right now


“Shorts aren’t supposed to work this way! This isn’t how it’s done!”
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67987 posts
Posted on 1/27/21 at 9:39 am to

They are fricking with the 'big peoples' money now.

They will find out that Fedgov has harsh laws against market manipulation.

It's OK for the crowd to burn down the businesses of local mom & pops, but you will get a serious negative reaction when you mess with elites' money.
Posted by teke184
Zachary, LA
Member since Jan 2007
95781 posts
Posted on 1/27/21 at 9:40 am to
Shorts are a risky position and are supposed to commonly fail.

When you short more than 100% of the issued stock out there, you done fricked up.
Posted by Bobby OG Johnson
Member since Apr 2015
24969 posts
Posted on 1/27/21 at 9:40 am to
quote:

Reddit Investors @redditinvestors

Elon Musk is shilling GameStop because Melvin Capital shorted Tesla a long time ago and bragged about it.

Posted by tigerfoot
Alexandria
Member since Sep 2006
56355 posts
Posted on 1/27/21 at 9:41 am to
quote:

Well, you simply cannot have commoners getting all uppity and thinking that what they think actually matters... Our government overlords know what is best for us and we should be satisfied by the scraps from their table and the illusion of freedom they provide...

Couldnt have said it better...I used to think we had some say in government, we dont. Locally, yes, but that is about the end of the line.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/27/21 at 9:42 am to
Posted by Y.A. Tittle
Member since Sep 2003
101474 posts
Posted on 1/27/21 at 9:45 am to
That dude just as soon be dressed like this:


Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59676 posts
Posted on 1/27/21 at 9:45 am to
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15727 posts
Posted on 1/27/21 at 9:46 am to
Ron Paul led the charge on that, if memory serves.

Interesting write-up on the Reddit run-up on GameStop: CNBC
Posted by teke184
Zachary, LA
Member since Jan 2007
95781 posts
Posted on 1/27/21 at 9:46 am to
I’d rather that guy as Speaker than Pelosi.
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