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Are reddit bros basically doing the same thing that hedge funds do on a daily basis?No
Bill Gates weighs in on gE's chip meme:Bookie was all in on this one iirc. Probably in the Q thread.
https://www.reuters.com/article/us-health-coronavirus-gates-conspiracies-idUSKBN29W0Q3
My wife and I go back and forth talking about "chips" at home and the kids just look at us with puzzled expressions...
Billionaire hedge funds rn pic.twitter.com/Z8T8FtC1Yw
— the tim’s gambit (@PostinMonkey) January 27, 2021
Really interested to see how this will be taught in business school in a couple of years. Will there be screen shots of of reddit threads included in the material?
"And then on January 25th at 10:25 DiCkFaCe696969 said "HODL THE LINE, WE LIKE THIS STOCK" and the stock continued to surge.
Trading was halted on Tootsie Roll stock after soaring 53% into record territory as retail traders pour into heavily-shorted stocks https://t.co/rXP9OTX3Ta
— Bloomberg Markets (@markets) January 27, 2021
I’m getting jabbed Monday!Congrats!
Sent from my iPhone using Tapatalk
No, I meant you can't talk me into it because I've already decided to get one.Rascal!
There's zero chance you guys could talk me into getting a vaccine.ok spracoin
YesOnly one side is very clearly manipulating the stock price.
short sellers that reveal their position with a report outlining their allegations against the company involved are right on the edge of open manipulation.
they may be (in some cases, they definitely have) performing a market service in investigating fraud or other corporate malfeasance, but it's a niche that's very prone to manipulation.
https://www.readfrontier.org/stories/oklahoma-trying-to-return-its-2m-stockpile-of-hydroxychloroquine/morons
BREAKING: US secures 100 million more doses of both the Pfizer and Moderna vaccines. pic.twitter.com/YFY3OjmHsl
— CNBC Now (@CNBCnow) January 26, 2021
Brandon Straka, founder of the "Walk Away" campaign who describes himself as a "former liberal," charged in the Capitol insurrection: https://t.co/K7JehAdInz pic.twitter.com/pxh9zVhfYK
— Zoe Tillman (@ZoeTillman) January 25, 2021
SD, how many times did you and the Meade Maulers beat up those Panzy's from Protection KS?Twice a year at minimum in basketball
https://www.npr.org/2021/01/25/960354929/in-tiny-kansas-town-pandemic-skeptics-abound-amid-false-information-and-politics
Tucker Carlson defends Qanon pic.twitter.com/knIh32J39S
— Andrew Lawrence (@ndrew_lawrence) January 26, 2021
*PFIZER WORKING ON BOOSTER COVID SHOT TO COMBAT VARIANTS: CEO
— *Walter Bloomberg (@DeItaone) January 26, 2021
J&J CFO tells @CNBC he expects to release vaccine results next week. "We're optimistic. We think we're going to have a very robust data set."@CNBC
— Carl Quintanilla (@carlquintanilla) January 26, 2021
15 Nays on Yellen - a rogues’ gallery of belligerence.
— Barry Ritholtz (@ritholtz) January 26, 2021
Barrasso (R-WY)
Blackburn (R-TN)
Boozman (R-AR)
Cotton (R-AR)
Cramer (R-ND)
Cruz (R-TX)
Hawley (R-MO)
Hoeven (R-ND)
Lee (R-UT)
Paul (R-KY)
Risch (R-ID)
Scott (R-FL)
Shelby (R-AL)
Sullivan (R-AK)
Tuberville (R-AL)
RudyGiuliani liked this tweet: https://t.co/hj508qmDkR
— Trump Alert (@TrumpsAlert) January 25, 2021
Wall Street bets found out that there was 140% short interest and so they started buying up call options, which forced clearing houses buy the stock, which drove the price up which caused short sellers to try and cover their short position which drove the price up and the cycle went crazy from there once it got a whiff of good news with a new board member which just got more people following that trend.
All of that sounds highly illegal but it’s probably perfectly legal
