Started By
Message

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

Posted on 1/27/21 at 9:46 am to
Posted by LuckyTiger
Top 1% On Onlyfans
Member since Dec 2008
52512 posts
Posted on 1/27/21 at 9:46 am to
quote:

Sorry, I can't get on anything that would allow me to do so.


Because all the elites are like:



Posted by NIH
Member since Aug 2008
122892 posts
Posted on 1/27/21 at 9:53 am to
Pretending 70,000,000 people are just going to go away because you can ban them on twitter and YouTube is not going to go well for our overlords.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82406 posts
Posted on 1/27/21 at 9:58 am to

this is actually an area where the Bernie Bros and Trump populists can find some common ground
Posted by tigerfan4120
Member since Dec 2003
3264 posts
Posted on 1/27/21 at 10:06 am to
can someone give some more background on this?
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82406 posts
Posted on 1/27/21 at 10:08 am to
I don't have much detail but it looks like some enterprising reddit trolls decided to 'crowdstrike' the stock market.

I'm sure Fedgov would call it a conspiracy to manipulate financial markets.
Posted by blueboy
Member since Apr 2006
65541 posts
Posted on 1/27/21 at 10:09 am to
quote:

i can just imagine the panic all those short sellers are feeling right now

They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
Posted by Oates Mustache
Member since Oct 2011
26630 posts
Posted on 1/27/21 at 10:10 am to
quote:

sure Fedgov would call it a conspiracy to manipulate financial markets.


They might but what evidence do they have? They don't post any financial advice or tell anyone to buy. According to Cramer, it's completely legal.
Posted by therick711
South
Member since Jan 2008
26134 posts
Posted on 1/27/21 at 10:13 am to
quote:

They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.


Those that survive their calls, yeah. Those that don't. They gone.
Posted by timdonaghyswhistle
Member since Jul 2018
21068 posts
Posted on 1/27/21 at 10:14 am to
'Member when retail investors were the biggest threat to the stock market?
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 1/27/21 at 10:18 am to
quote:

70,000,000 people are just going to go away


Could you imagine a person being able to organize half of that number of people and direct their energy toward a common goal?

Posted by teke184
Zachary, LA
Member since Jan 2007
104085 posts
Posted on 1/27/21 at 10:19 am to
Remember when day traders were people who got regularly fricked by institutional investors?

I member.
Posted by teke184
Zachary, LA
Member since Jan 2007
104085 posts
Posted on 1/27/21 at 10:19 am to
I don’t think you have to necessarily get all of them coordinated or have everyone with the exact same goal.

Simply “perform chaos” against a set list of targets is enough.
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 1/27/21 at 10:22 am to
quote:

I don’t think you have to necessarily get all of them coordinated or have everyone with the exact same goal.


Serious question, you think Amazon or Wal-Mart would be safe if 35 million people turned on them?

Certainly the chaos aspect plays out but crash a Hilton brand and folks notice...
Posted by teke184
Zachary, LA
Member since Jan 2007
104085 posts
Posted on 1/27/21 at 10:26 am to
Amazon or Walmart? Possibly. Depends on how much market cap is involved and how much money goes into the operation.

Smaller stocks? Any stock which is heavily short-sold is going to get brigaded until further notice.
Posted by DesScorp
Alabama
Member since Sep 2017
10316 posts
Posted on 1/27/21 at 10:33 am to
When the stock markets stop trading to put an end to this, it's going to be just one more thing that demonstrates that the "rules" are only there to restrict YOU, not Them. THEY can change the rules any time they like.

Just one more thing that reveals what a total shite, clownworld system we live in. The illusion that we're a country governed by equal laws is going to come crashing down.
Posted by Champagne
Sabine Free State.
Member since Oct 2007
55329 posts
Posted on 1/27/21 at 10:37 am to
The Revolution is here. Best stay out of the way, if you know what's good for you.

Posted by Bobby OG Johnson
Member since Apr 2015
33509 posts
Posted on 1/27/21 at 10:37 am to
Posted by teke184
Zachary, LA
Member since Jan 2007
104085 posts
Posted on 1/27/21 at 10:39 am to
This is going to get interesting.

Did Robinhood ever get a class action against them for being down for an entire day of trading that caused massive losses for their investors?
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 1/27/21 at 10:42 am to
quote:

They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.


Yeah the short play is just going to get better. Someone is going to sell a chunk at some point and there will be a stampede.

FTR: I have no money in this. I don't day trade and I don't short.
Posted by dafif
Member since Jan 2019
8438 posts
Posted on 1/27/21 at 10:48 am to
Is it bad that I like this type of anarchy! Screw them...I'll take the hit on these bastards.
first pageprev pagePage 2 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram