Headlines in two weeks from now: Investor loses house, marriage and kids to GME crash. "Fucktardtulip on reddit said it was going higher! Im really confused and sad" said the man.
Have you seen the headlines,billboards, air plane banners and others others all over the world bitchslapping the funds? Well worth the trade. I seriously doubt you realize the WSB boys and how they operate, I'd say a bunch came from HSM. Your beginning to sound a little nervous, chill. Watch,Learn, Listen. You ain't seen nothing yet. Honestly, I take the other side of the trade.
Yeah the Times Square is awesome. Unpopular opinion: By the time you see your stock pumped on billboards, it might be getting a little late! Popular opinion: We have never seen anything like this before, so who knows.
The billboard is to slap the funds around. Popular or unpopular, we all know these prices will adjust to reality at some point. Just have to let the market sort itself out. Its more of a statement really, when I see billionaires whine and cry on national television. People take notice. Its basically a reality check. If enough of these so called social media investors joined together and closed out all positions and went all cash, how would the market react then? What if they opened put positions? What if they dropped robinhood? I know of TONS that are dropping robinhood. A lot of pissed off people that will not forget THURSDAY and FRIDAY and the brokers that flat out lied. The list goes on and on and on. Some of these folks don't realize just how strong these little guys are and the way they have been portrayed just puts more players on their side. Think about it. 60-70 billion lost so far and that play is still in motion. Times have changed.
You want more entertainment, Steve Mnuchins wife just made a movie and the timing could not be worse.
Once again you bring up a great point. Even though we disagree at times I fully respect your open minded approach to situations. Maybe some of these politicians should spend some time here and learn a few things about the real world people who agree to disagree without hating each other. Back to the issue, However, that takes the free out of the market in general, meaning if restrictions are placed then ultimately that would give a advantage to the downside players once trading was resumed. Correct? You can sell but not buy? What happens to the option contracts? Don't we already have those in place now without regulators getting involved? That would be bulls/ bears that basically let the market settle itself. Correct? Point being the current situation was created by players that have the upper hand and were simply caught by individuals that merely are aware of the short list that a 6 year old could find. It backfired and in turn the short play went south and ultimately costed them BILLIONS and BILLIONS of dollars. Who is to blame? They in turn were forced to be bailed out with loans that ultimately backfired again which forced them to liquidate other securities that have triggered stops and brought the overall market down. Who is at fault? This time its different. The market should be left to settle itself to insure credibility can once again be earned. If not then a larger and larger group which are already fed up may decide to liquidate postions and may even decide to pull funds from their banks and just simply go all cash and wait until the dust settles. Money orders are cheap and the USPS sure could use the funds from selling stamps. How would this affect the markets? The entire world seen what transpired on Thurs and Friday and most are pissed to say the least. Do we restrict the market more? Or just let it play itself out like it should and let the blame fall where it should? This entire situation is based on simple math. 100-140 = stupidity and greed. That is what needs to be regulated, not the integrity of being able to trade/invest in the market with one sided decisions. X billionaires can get jobs just like the rest of us do when we make bad financial decisions. McDonald's needs a few more clowns, Ronald has retired. Wendy's needs cooks to make the tendies. Wal mart needs door greaters. The list goes on and on. Open for debate.
Again this is history in tha making. You have never and will never again experience of what is really going on behind the scenes. Unless the tree can be shaken to scare people into panic sell, this will explode. 60-70 BILLION lost is nothing compared to what the final figures will be. Open for debate. Prove me wrong. If some of the longs care to have paper certificates printed " expensive but do-able" they can hang it on their wall for the grandkids to see. Wall Street is petrified. Some great articles out there. Search and read.