Wall Street Bets Possibly Targeting AAG
01-28-2021, 06:18 AM
#11
Gets Weekends Off
Joined APC: Jan 2019
Posts: 1,130
It doesn’t have to be a a Reddit buy but instead institutions looked at what happens yesterday to GME and decided the short position(s) now exposes them to too much risk. The risk reward ratio changed in a day, expect more covering and more non related stonks to climb.
01-28-2021, 06:33 AM
#13
Line Holder
Thread Starter
Joined APC: Feb 2017
Posts: 96
I just saw that Robin Hood is restricting the sale and purchasing of many of these stocks due to "market volatility". Odd, nobody seemed to be worried about these dynamics in 2008 when oil went to $200 a barrel.
I've also been reading where Wall Street investors are wanting to silence Facebook groups and other similar forums where they are discussing these trades. Some are saying that this is an "Alt Right" thing, but I'm doubting that. I think Wall Street is wanting to use the "cancel culture" as a means to stop the average Joe from beating them at their own game.
The big difference now, from 2008 being that ordinary people are making the money from speculation, rather than Wall Street investors.
I've also been reading where Wall Street investors are wanting to silence Facebook groups and other similar forums where they are discussing these trades. Some are saying that this is an "Alt Right" thing, but I'm doubting that. I think Wall Street is wanting to use the "cancel culture" as a means to stop the average Joe from beating them at their own game.
The big difference now, from 2008 being that ordinary people are making the money from speculation, rather than Wall Street investors.
01-28-2021, 09:37 AM
#15
Gets Weekends Off
Joined APC: Feb 2017
Posts: 1,360
It’s up because Fox decided to run an article about it while the WSB stuff is happening with GME. Fox readers are driving this, not WSB. This is a Fox driven pump and dump. More market manipulation that they’re currently crying about over GME.
01-28-2021, 10:06 AM
#16
The NeverEnding Story
Joined APC: Sep 2005
Posts: 7,611
What's the Bloomberg connection to the stock market, again? I forget.
01-28-2021, 10:39 AM
#17
Gets Weekends Off
Joined APC: Feb 2017
Posts: 1,360
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