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I just don't believe suddenly all exchanges for the "small people" are not allowd to buy (just sell) GME stocks because of a liquidity problem at the same time.
by _trampeltier 6y ago
I just don't believe suddenly all exchanges for the "small people" are not allowd to buy (just sell) GME stocks because of a liquidity problem at the same time.
I mean, it was not just about GME now. If it worked out, it would happen again. Now everybody knows .. the big guys just allways bend the rules and you have no chance, so you don't even try a second GME.
- iamacyborg 6y ago> I just don't believe suddenly all exchanges for the "small people" are not allowd to buy (just sell) GME stocks because of a liquidity problem at the same time. This has the distinct flavour of QAnon esque conspiracy theories.
- mckirk 6y agoLet's go with: No, it doesn't. QAnon requires you to believe absolutely insane stuff, like Anderson Cooper drinking the blood of babies. This theory would require you to believe that enormously wealthy entities would find a way to use their influence and their knowledge of the inner workings of the stock market they know like the back of their hand to prevent themselves from losing a metric shit ton of money. I'm not saying it necessarily happened, because it would still be awfully hard to hide your tracks and there'd be hell to pay if you failed, but those two conspiracy theories are definitely on different levels of 'hard to believe'.
- iamacyborg 6y agoI mean the flavour of the conspiracy and the way it’s playing out. There’s always a certain date where apparently Trump will save the day, or the Squeeze will happen, and yet we continue to pass that ever shifting goalpost. Adherents to the conspiracy seem unfazed and just get sucked deeper into it as they see the event not happening as further evidence of the conspiracy.
- mckirk 6y agoAh, I think that's a quite different aspect than the comment you were replying to was referring to, though. There definitely still are people that expect the "rocket to start any minute now", and a lot of those might also believe that they were stopped from making a ton of money by evil forces -- that might be loosely comparable to a cult like QAnon. But that doesn't mean that there aren't some reasonable questions to be asked about the strange occurrences on the stock market last week.
- iamacyborg 6y agoYeah probably, it was just what immediately struck my mind. As far as strange occurrences, I doubt we’ll ever have a satisfactory answer given how much of the market is now run by black boxes.
- deleted 6y ago[deleted]
- _trampeltier 6y agoFirst, I did not trade GME at all, second, I'm not on reddit, I just was ther the last week a couple of times, and I'm far, really far from QAnon. It's just my own opinion, made by myself. Because there are no public data about the whole thing in the background, sadly now one ever can proof anything true or false.