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Earlier quoted context omitted.
Also known as the Mother Of All Collective Delusions
Yeah, yet not even cool enough to get its own phrase in the zeitgeist like "Drink the Kool-Aid"
Tangentially: I learned a lot while watching Keiths (Roaring Kitty, DFV) streams, even before GameStop took off. It gave me insight in what kind of research and analysis is done for investment and it served almost as a demo for me. It's really a shame that he's not streaming anymore, but I kind of get it.
It's just a matter of time before some company insider is paid to manipulate their employers' stock through the power of the /r/WallStreetBets self-defined autists. Companies use social media for astroturfing and viral marketing, why not market manipulation?
Its easily dismissed as conspiracy but having read many of their supporting arguments and seeing the SI (Short Interest) being over 220% myself along with the SEC report suggesting that shorts never closed their position... I can't say I would dismiss the possibility of another short squeeze...
Its easily dismissed as conspiracy but having read many of their supporting arguments and seeing the SI (Short Interest) being over 220% myself along with the SEC report suggesting that shorts never closed their position... I can't say I would dismiss the possibility of another short squeeze...
So because people traded (sometimes) using services that had associated fees... Wall Street won? There's nothing in this article that supports the click bait title.
So because people traded (sometimes) using services that had associated fees... Wall Street won? There's nothing in this article that supports the click bait title.
Its easily dismissed as conspiracy but having read many of their supporting arguments and seeing the SI (Short Interest) being over 220% myself along with the SEC report suggesting that shorts never closed their position... I can't say I would dismiss the possibility of another short squeeze...
Why do you think not a single institutional investor has rallied behind this cause? Hedge funds love fucking each other over and would embrace popularity with the public. Why hasn’t some firm with a few billion under management taken up this cause if there’s really anything there?
Don't just get your news from Bloomberg or CNN.