3 ms·

I take back what I said about Gamestop being low on the need to investigate by the regulators last week. I don't make a habit of gambling and throwing my money

I take back what I said about Gamestop being low on the need to investigate by the regulators last week. I don't make a habit of gambling and throwing my money or life away so I avoid the stock market, but this is now starting to seem like uncvoering a massive naked short sale racket by the hedge funds that is making them have to liquidate their short positions in so many other just one GME alone. Also the way that ameritrade, robinhood etc... halted trading of the stock makes it clear that their was collusion from Citadel after they were squeezed, and was obviously so in the case of Robinhood who had to ask for a line of credit to avoid insolvency. WSB is now living up to its true potential that some of us in the Bitcoin community always wanted to see and now its not about 'tendies' and 'loss porn' anymore, they're seeing in real time how absolutely rigged this system is and are out for blood, specifically Melvin Capital's and Robinhood's who they already have a class action lawsuit against.

deleted 6y ago
[deleted]
Tenoke 6y ago
>Also the way that ameritrade, robinhood etc... halted trading of the stock makes it clear that their was collusion from Citadel after they were squeezed, and was obviously so in the case of Robinhood who had to ask for a line of credit to avoid insolvency. If you say this is clear but your comment doesn't include "clearing house" or related in it, you are likely getting a limited and biased perspective on what happened.
- Melting_Harps 6y ago
  > If you say this is clear but your comment doesn't include "clearing house" or related in it, you are likely getting a limited and biased perspective on what happened. Ok, fill me in then... I got this from Chamath's analysis, speaking to an early investor of Robinhood (Jason) in the all in podcast, but go ahead and and tell us what caveats I missed out for all of our collective edification.
deleted 6y ago
[deleted]

deleted 6y ago

[deleted]

Tenoke 6y ago

>Also the way that ameritrade, robinhood etc... halted trading of the stock makes it clear that their was collusion from Citadel after they were squeezed, and was obviously so in the case of Robinhood who had to ask for a line of credit to avoid insolvency. If you say this is clear but your comment doesn't include "clearing house" or related in it, you are likely getting a limited and biased perspective on what happened.

Melting_Harps 6y ago
> If you say this is clear but your comment doesn't include "clearing house" or related in it, you are likely getting a limited and biased perspective on what happened. Ok, fill me in then... I got this from Chamath's analysis, speaking to an early investor of Robinhood (Jason) in the all in podcast, but go ahead and and tell us what caveats I missed out for all of our collective edification.

deleted 6y ago

[deleted]