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Rules for Thee But Not For Me

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    #21
    Buy dirt , go fishing 🎣, let others slay themselves. Will be no winners there at the end of the day

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      #22
      "When an Anarchist is poor he breaks laws; when he is rich he makes them. In neither case does he ever dream of obeying them."
      G. K. Chesterton (1874–1936)

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        #23
        Reddit squeeze on silver making the news.

        https://www.theglobeandmail.com/business/article-silver-precious-metal-mining-shares-the-latest-hit-by-reddit-fuelled/ https://www.theglobeandmail.com/business/article-silver-precious-metal-mining-shares-the-latest-hit-by-reddit-fuelled/

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          #24
          Rumors are the SEC is going to try and go after some of these guys for a pump and dump scam. Going to congressional hearings for sure.

          You knew the little guy would pay again. Some news outlets saying its racist to trade and this is underground Trumpism at work blah blah blah.

          Funny how disruption is all fine when its oil workers but when its Wall Street, the govt jumps right in.

          Everything is a scam, finances, money, elections, climate change. All exposed during a pandemic.

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            #25
            Shorting in stock market shouldn't be allowed. IMHO

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              #26
              Originally posted by Sodbuster View Post
              Market needs to stop investors from selling a stock they don’t own. Off you don’t like a stock don’t buy it.
              This speaks more to the problem you are referring to - market manipulation without providing any benefit to the parties involved:


              The video won't play for me. Try the link?
              https://www.youtube.com/watch?v=S0HvhZIy*** https://www.youtube.com/watch?v=S0HvhZIy***

              https://www.youtube.com/watch?v=S0HvhZIy*** https://www.youtube.com/watch?v=S0HvhZIy***

              Anyone else have any success in opening this video or link?

              It's Tucker Carlson explaining what happened and then interviewing Dave Portnoy. He lambasts the SEC for interfering with the perfectly legal market move that absolutely burned the hedge funds.

              Title of vid on Youtube: "Portnoy calls for people to be jailed over hedge fund scandal in scathing interview"

              Maybe available here:

              https://theglobalherald.com/news/portnoy-calls-for-people-to-be-jailed-over-hedge-fund-scandal-in-scathing-interview/ https://theglobalherald.com/news/portnoy-calls-for-people-to-be-jailed-over-hedge-fund-scandal-in-scathing-interview/
              Last edited by burnt; Jan 29, 2021, 10:32.

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                #27
                Our commodity markets need and want fund money including short sellers, etc
                This creates volumes, liquidity and yes volatility.
                Smart farmers should see the opportunities, if given all the information, that exporters and importers have.

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                  #28
                  Hedge funds - short selling a stock, little guys decide to buy said stock and stock price increases... hmmm guess Hedge Fund made a bad trade, and others capitalized.

                  There should be no government action required.

                  Wall Street should learn a lesson.

                  You can speculate all you want in the market but you take the risk win or lose.

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                    #29
                    these f u c k i n g hedge fund bloodsucking pricks can short a stock , then give their expert opinion that the stock is going broke , then collect their money when it does .
                    they got it handed to them , good deal , hope it keeps happening
                    who the **** are they to say hilton hotel is going broke

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                      #30
                      These reddit guys are probably in trouble. You cant raise a stock just by lots of people buying it. There are stocks that trade in the millions everyday and dont move more than a percent or two a day.

                      To drive something from $50 to $350 in a few days would require consecutive trades where one buyer agrees to offer it up at higher price and somebody agrees to hit that in a consecutive fashion and the only way to do that is through coordination through an instantaneous platform like social media. All the at the same time they let people who were in early take a little profit on the way up.

                      They may have bitten off more than they can chew.

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