Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me". Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!

I wouldn't worry about that redditor either. When you gamble, you take your chances.

It's not being portrayed as gambling on WSB. That's the problem. The redditors who got in early are taking advantage of the people who get in late. The ruse is that this is a crusade against the hedge funds and that if they all stick together, they can't lose. They are pretending that they are all one pool working together, when they aren't.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me". Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!

I wouldn't worry about that redditor either. When you gamble, you take your chances.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why is this in politics, d scum

I missed the investment opportunity but am waiting on news that the hedge funds grovel for a new bailout. Wall St needs to stop eating avocado toast lunches and bootstraps through market volatility.

This administration better not even think of bailing these idiots out of this one.

Jen Psaki’s brother is a portfolio manager at Citadel. Janet Yellen has taken $800K in fees from Citadel.

Slap on the wrist and keep it moving.

Um, Janet Yellen is at the Treasury, not the SEC. Do you even know the difference? But hey, Diamond Hands!!

What’s your point? My point was about conflicts of interest in the Biden administration.

That sounds totally Trumpian. Any connection = a conflict of interest for the entire organization. I'm sure I could find members of the Biden administration who have equity positions in GameStop. Oh wait, look Blackrock made a billion dollars off of the Gamestop runup, and it's chock full of Biden connections! https://www.businessinsider.com/what-to-know-about-blackrock-larry-fink-biden-cabinet-facts-2020-12

See, that was easy.

You’re deflecting. Everything that you don’t like is “Trumpian”. Stop acting like regulatory capture and revolving door haven’t been issues for some time now.

This. Amen.

No, you need to demonstrate a conflict, not merely fish around for a connection. I just gave you a connection that works in the favor of Gamestop. So do they cancel each other out? Are they both meaningless? Or do you get to pick the one you like, without any evidence to support them?

It's exactly like Trump blaming a judge's Mexican heritage for blocking his travel ban. Or blaming WaPo stories on their connection to Bezos. Or insinuating that Mueller can't be trusted because he worked with Comey.

This is how conspiracy theorists work. They dig out connections and then without proof declare them to be evidence of a conspiracy.

DP.

I agree with you that this is how conspiracy theorists work. However, conspiracy theorists thrive in environments where there is a lot of cynism. If RH goes unpunished for this, cynism will multiply.

I am a poster on another thread who has 3 close friends/family members who voted for Trump. These men are highly educated, not racist and not poor. But they are highly cynical about everything. These are people who are playing by the rules and making a good life for themselves. Yet they are convinced that the rules don't apply to a small group of people and that these people control everything. They are convinced that it's only a matter of time before this group of people find a way to screw them over.

This RH event if not handled properly by this administration will lead to several other people becoming highly cynical. If we are going to fight conspiracy theorist, we have to fight instances like this that foster cynism.

Yes!

Radical transparency is the only way to combaf conspiracy thinking. The internet has closed the gap on the information disparity between elites and the masses.

IF you want radical transparency, then we should find out whether people on WallStreetBets are selling while they encourage others to buy or hold. That's radical transparency.

No need. I'm 99.9999999% certain that some did this. Certainly not illegal or even an abuse of power.

It is certainly illegal. It's securities fraud.

Encouraging others to buy stock that you are selling isn't securities fraud.

Yes, it actually is. https://www.investopedia.com/terms/p/pumpanddump.asp

No, it isn't. You have to prove that the stock recommendation is based on "false" and "misleading" information. The hedgefund shorts were good info. I see no evidence that anyone was misled on the potential financial downside. If you have any evidence of securities fraud, please share.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me". Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me". Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!

I wouldn't worry about that redditor either. When you gamble, you take your chances.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me". Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why is this in politics, d scum

I missed the investment opportunity but am waiting on news that the hedge funds grovel for a new bailout. Wall St needs to stop eating avocado toast lunches and bootstraps through market volatility.

This administration better not even think of bailing these idiots out of this one.

Jen Psaki’s brother is a portfolio manager at Citadel. Janet Yellen has taken $800K in fees from Citadel.

Slap on the wrist and keep it moving.

Um, Janet Yellen is at the Treasury, not the SEC. Do you even know the difference? But hey, Diamond Hands!!

You’re too clever by half. You’re missing the broader point about people in power. Dumbass.


Citron Research
@CitronResearch
The WH should have more pressing issues than to investigate stock forums on Reddit. We are a nation based on free speech and capitalism. Citron has fought globally for 20 years for that right and no one trading phenomenon should eliminate it. *Our first political tweet ever
2:11 PM · Jan 27, 2021·Twitter Web App

I still enjoy Musk’s tweet.


Tesla will make fabulous short shorts in radiant red satin with gold trim,” he tweeted, announcing a limited edition garment from the electric carmaker. “Will send some to the Shortseller Enrichment Commission to comfort them through these difficult times.”

Really, I'm sure Elon Musk's hatred for the SEC is honest. Oh wait..

"Elon Musk will step down as Tesla chairman to settle fraud charges brought by the U.S. over claims he made saying he’d take his company private. As part of Musk’s settlement, both Tesla and Musk will each pay a $20 million fine — and Musk can stay on as CEO, the Security and Exchange Commission (SEC) announced Saturday."

I think he’s more genuine than most of those more “respectable” CEOs you probably have in mind. Did you get burned short?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why is this in politics, d scum

I missed the investment opportunity but am waiting on news that the hedge funds grovel for a new bailout. Wall St needs to stop eating avocado toast lunches and bootstraps through market volatility.

This administration better not even think of bailing these idiots out of this one.

Jen Psaki’s brother is a portfolio manager at Citadel. Janet Yellen has taken $800K in fees from Citadel.

Slap on the wrist and keep it moving.

Um, Janet Yellen is at the Treasury, not the SEC. Do you even know the difference? But hey, Diamond Hands!!

You’re too clever by half. You’re missing the broader point about people in power. Dumbass.


Citron Research
@CitronResearch
The WH should have more pressing issues than to investigate stock forums on Reddit. We are a nation based on free speech and capitalism. Citron has fought globally for 20 years for that right and no one trading phenomenon should eliminate it. *Our first political tweet ever
2:11 PM · Jan 27, 2021·Twitter Web App

I still enjoy Musk’s tweet.


Tesla will make fabulous short shorts in radiant red satin with gold trim,” he tweeted, announcing a limited edition garment from the electric carmaker. “Will send some to the Shortseller Enrichment Commission to comfort them through these difficult times.”

Really, I'm sure Elon Musk's hatred for the SEC is honest. Oh wait..

"Elon Musk will step down as Tesla chairman to settle fraud charges brought by the U.S. over claims he made saying he’d take his company private. As part of Musk’s settlement, both Tesla and Musk will each pay a $20 million fine — and Musk can stay on as CEO, the Security and Exchange Commission (SEC) announced Saturday."

Anonymous wrote:RH is pulling the same stunt as it did yesterday with a 1 share purchase limit on GME.

Anonymous wrote:I’m not an expert but to me it seems as these Reddit people stole money that wasn’t theirs. Smart educated people on Wall Street made informed decisions, followed the rules, and because of some deceit were victimized by what should be a level playing field. Is there anyway that the government provides reimbursement and that those responsible for chicanery are held legally liable and penalized financially?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

Wah wah wah. If this career didn't work out for them maybe they should look to change directions and start somewhere new.

They should perhaps make a budget and spend less at starbucks.

Anonymous wrote:

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?

Yes, they should be, but many of them are not so smart and they put too many eggs in one basket. A lot of Bernie Madoff's investors lost everything because they did that.

Anonymous wrote:Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?