An I know What Is Best for You gummint official got in it with Kevin O'Leary over the Gamestop shorts last week on CNBC:
"They're learning by losing." Welcome to life, Mr. Secretary of State.
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15 comments:
Isn't the price of all commodities, especially fuel and grain crops, bought and sold by hedging and shorting? Well if they are going to regulate common stocks, then they should be able to keep us from paying inflated prices for fuel? That MA DA is a DA.
I hope they give DeepF*ckinValue the same treatment that they gave DreadPirateRoberts.
For the uninitiated, DreadPirateRoberts ran the SilkRoad on Tor. A darkweb site which facilitated the meteoric rise of cryptocurrency. DreadPirateRoberts was given 2 life sentences plus 40 years and no chance of parole. All for managing a site that allowed the anonymous buying and selling of contraband.
These people will not take the law seriously until law enforcement and the justice department shows no mercy. The redditors jeopardized the wealth and retirement security of millions of people.
We used to hang horse thieves and stone adulterous women. Time to severely punish computer hackers.
GameStop $59 and change a minute ago. Red ink baths are being enjoyed by most. Took out the shorts and enacted their mighty outrage on a few hedge funds but without a clue what to do when they discovered they were holding the bag.
Long or short, fundamentals matter.
Pissed away a staggering amount of stimulus.
Only thing funnier would have been if Alexandria Ocasio-Smollett was leading their efforts.
Power to the people! The hedge funds have been screwing the retail investor for years by front running on pending trades. It’s nice to see the little guy come out on top for a change.
But the little guy didn't come out on top.
1:23 PM
Just go ahead and say "Fuck the little man only Hedgies can make money". At least you'll be honest.
@3:40, You children need to be taught a hard lesson that you can’t use your internets to disrupt business.
@1:23
Scream "I'm so out of touch with reality" a little louder
1:23 - "Anonymous buying and selling of contraband" is one way to describe the largest drug and child pornography market on the internet. You also did not mention that DreadPirateRoberts tried multiple times to kill his competitors. You are comparing that dude, who ran a secret black market website, to a guy who posts Youtube videos in cat shirts and posts stock tips on open forums on Reddit. Are you fucking kidding me?
The secretary of state is full of shite. Let the market work.
The stock market is a legalize bet every day.
Hang them ALL by the nuts! The SEC will have no problem finding multiple violations of the law! These dweebs (they certainly aren’t men) need to learn that you don’t f*ck with peoples retirement!
7:31 AM
If your retirement fund consisted entirely of Gamestop stock then you're a bigger retard than the mayor of Jackson and you probably should read a few books on investing before throwing any money in the stock market.
1:23 PM, I honestly can't tell if you're being a troll or just an idiot. DFV has been invested in this stock for like 2 years and wrote a detailed thesis plus multiple videos on why it was undervalued, well before all of the short squeeze stuff. This was when it was trading in the $5 range and he thought it should be $15-20.
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