Depends how many autists get behind it. Right now they are holding the line in GME so their stimulus checks are tied up
The best thing for AMC would be if GME came crashing down so the holders actually cash out and look for the next pump.
Depends how many autists get behind it. Right now they are holding the line in GME so their stimulus checks are tied up
The best thing for AMC would be if GME came crashing down so the holders actually cash out and look for the next pump.
r/wallstreetbets is down
Yup, I said this yesterday on Twitter. They think this is a game. Big funds and investors will start pulling strings here with a quickness.People were asking what kind of regulations might come out of this - I don't think any new regs will come but SEC gonna fukk StockTwits and Reddit up real good for allowing their platforms to be used for market manipulation. There's more than a handful of people openly talking about the pump and manipulating the stock to fukk over Melvin capital. I'm pretty sure thats not legal and once the SEC goes after and shuts down a few big players, the rest will follow suit.
they're praying that additional $1400 comes through soon so they can spread their wings.
r/wallstreetbets is down
People were asking what kind of regulations might come out of this - I don't think any new regs will come but SEC gonna fukk StockTwits and Reddit up real good for allowing their platforms to be used for market manipulation. There's more than a handful of people openly talking about the pump and manipulating the stock to fukk over Melvin capital. I'm pretty sure thats not legal and once the SEC goes after and shuts down a few big players, the rest will follow suit.
Yup, I said this yesterday on Twitter. They think this is a game. Big funds and investors will start pulling strings here with a quickness.
Yeah ...it’s literally the antithesis of the capitalist system .Because free market captitalists suddenly don't believe in free market capitalism when they can lose.
r/wallstreetbets is down
People were asking what kind of regulations might come out of this - I don't think any new regs will come but SEC gonna fukk StockTwits and Reddit up real good for allowing their platforms to be used for market manipulation. There's more than a handful of people openly talking about the pump and manipulating the stock to fukk over Melvin capital. I'm pretty sure thats not legal and once the SEC goes after and shuts down a few big players, the rest will follow suit.
Yeah ...it’s literally the antithesis of the capitalist system .
They really don’t want folks to eat outchea![]()
Its just going to end up hurting the small guys. The system doesn't like mass disruption. Pumping up and shorting near-dead companies is a problem for the institutionalists.It's one thing to say "Hey GameStop is undervalued, I think its a good buy and a good candidate to bounce back to ATH"
And another to say "Lets collaborate to artificially pump the price so high that we bankrupt this hedge fund".
Most people are on the right side of the line in their speech, but reading through WSB/StockTwits and theres SO many people that cross over the line into manipulation.