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Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]CNBC, WSJ, NASDAQ, [b]Liz Warren, and others are going to bat for the hedge funds[/b], whipping up conspiracies and demonizing the masses who caught them with their hand in the cookie jar. It's really remarkable to witness this unfold. Really reminds you who's really in charge and what they'll do to maintain that perch.[/quote] Elizabeth Warren isn't going to bat for hedge funds. Where are you getting that from?[/quote] Warren thinks the SEC should have done something. So Warren who in her bio is no stranger to strategic manipulation expected the cop on the beat, SEC, to do something about the market volatility on stuff like Game Stop. In other words Warren is defending the hedge fund- Melvin and it's bailers like Citadel. The fact is Game Stop was cheap, anyone could see put positions existed. More buy prices rise. How will the SEC account for blabber on social media including the DCUM money and finance board? I don;t care if the Melvin crew end up working as public school mask monitors. https://www.cnbc.com/2021/01/28/elizabeth-warren-gamestop-robinhood-market-manipulation.html As AOC said Tax the rich and now Game Stop sellers will generate some nice revenue on short term capital gains. Is that amount less than if Melvin had run it's puts? Politicians blabbering away while in 2011 Carlyle Group began the decimation of care for a major nursing home. Took 7 years for the WP to run this article. https://www.washingtonpost.com/business/economy/opioid-overdoses-bedsores-and-broken-bones-what-happened-when-a-private-equity-firm-sought-profits-in-caring-for-societys-most-vulnerable/2018/11/25/09089a4a-ed14-11e8-baac-2a674e91502b_story.html[/quote] Warren's comments are utter nonsense. Why didn't the SEC intevene when Porsche forced a shortsqueeze on Volks Wagen's shares? Institutions paid $1000 a share. [/quote]
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