CORP/BIZ GameStop Is Rage Against the Financial Machine

Achilles

Infidel
So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this.

It wasn't to protect investors, as Robinhood states. I watched buying halt on a stock I was up on. Once the buying halted and only sales were allowed, the price crashed. Robinhood took so long to put my sell order through that I lost almost all of the profit I was sitting on. But they protected me from the mean, volatile market by costing me any profit.

Next, they prevented me from acquiring some other stocks I wanted to get into. Then, their buy and sell orders were so delayed that I got the shaft twice more; one on another sell order being delayed long enough to trade at a substantially lower price, and then a buy order got delayed by six hours so that I ended up buying at a substantially higher price.

Redditors went to the Google store and 1-star reviewed the hell out of the app to get it de-listed. News today showed Google deleted over 100,000 bad reviews.

Two things I took away from today: 1. the elites are getting scared because the normies aren't scared and are fighting back, and 2. Left, right and center are joining forces on this thing. Rashida Talib, AOC, Ted Cruz, and Trump Jr are all on the same side of this. Can't quite count how many times in my life things might have lined up this way.
 

northern watch

TB Fanatic
So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this.

It wasn't to protect investors, as Robinhood states. I watched buying halt on a stock I was up on. Once the buying halted and only sales were allowed, the price crashed. Robinhood took so long to put my sell order through that I lost almost all of the profit I was sitting on. But they protected me from the mean, volatile market by costing me any profit.

Next, they prevented me from acquiring some other stocks I wanted to get into. Then, their buy and sell orders were so delayed that I got the shaft twice more; one on another sell order being delayed long enough to trade at a substantially lower price, and then a buy order got delayed by six hours so that I ended up buying at a substantially higher price.

Redditors went to the Google store and 1-star reviewed the hell out of the app to get it de-listed. News today showed Google deleted over 100,000 bad reviews.

Two things I took away from today: 1. the elites are getting scared because the normies aren't scared and are fighting back, and 2. Left, right and center are joining forces on this thing. Rashida Talib, AOC, Ted Cruz, and Trump Jr are all on the same side of this. Can't quite count how many times in my life things might have lined up this way.
News today showed Google deleted over 100,000 bad reviews and this was not about Trump.
 

TKO

Veteran Member
So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this.

It wasn't to protect investors, as Robinhood states. I watched buying halt on a stock I was up on. Once the buying halted and only sales were allowed, the price crashed. Robinhood took so long to put my sell order through that I lost almost all of the profit I was sitting on. But they protected me from the mean, volatile market by costing me any profit.

Next, they prevented me from acquiring some other stocks I wanted to get into. Then, their buy and sell orders were so delayed that I got the shaft twice more; one on another sell order being delayed long enough to trade at a substantially lower price, and then a buy order got delayed by six hours so that I ended up buying at a substantially higher price.

Redditors went to the Google store and 1-star reviewed the hell out of the app to get it de-listed. News today showed Google deleted over 100,000 bad reviews.

Two things I took away from today: 1. the elites are getting scared because the normies aren't scared and are fighting back, and 2. Left, right and center are joining forces on this thing. Rashida Talib, AOC, Ted Cruz, and Trump Jr are all on the same side of this. Can't quite count how many times in my life things might have lined up this way.
Schwab did the exact same thing.
 

Ragnarok

On and On, South of Heaven
This whole deal has been absolutely fascinating.

I don't know much about the mechanics of it, but there is a great amount of satisfaction in watching the institutional thieves get a case of poopinpants.

There is even more satisfaction in being a part of it!
 

Ragnarok

On and On, South of Heaven
I bet there is at least a few thousand or more boomers who would "donate" to the "cause" if they knew how to help. The redditers need to reach out.

Join an app like

Fidelity

and buy a share.

That's all it takes because millions of people across the globe are doing it which denies shares to the hedge funds for them to buy up and cover losses.

Companies only have so many shares available to buy and when they are gone, they are gone.
 

Ragnarok

On and On, South of Heaven

Blah, blah, blah...

He knows they effed up and lawsuits are already lining up in the pipe.

He is just trying to cover his ass.

Robinhood knows they effed up.

I just received this e-mail from them.


An update on market conditions

Hi XXXXXX,

It’s been a tough day, and we’re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed.

This was a temporary decision made to best continue serving you, and was not an easy one to make. We know it’s led to frustration and confusion, and wanted to provide some clarity.

As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.

To be clear, this decision was not made on the direction of any market maker we route to or other market participants.
The past year in particular has shown us that the financial markets are for everyone—not just institutional investors and hedge funds. We’ve seen a new generation enter the market, and they’re sparking conversations about what it means to be an investor. We stand in support of you, our customers. Democratizing finance for all means giving more people access, not less.

We’ll keep monitoring market conditions and will update this Help Center article with the latest changes. We also published a blog post regarding today’s events.

Thank you again for being a Robinhood customer. We’re so grateful for your support.

Sincerely,
The Robinhood Team
 

Ragnarok

On and On, South of Heaven
So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this.

It wasn't to protect investors, as Robinhood states. I watched buying halt on a stock I was up on. Once the buying halted and only sales were allowed, the price crashed. Robinhood took so long to put my sell order through that I lost almost all of the profit I was sitting on. But they protected me from the mean, volatile market by costing me any profit.

Next, they prevented me from acquiring some other stocks I wanted to get into. Then, their buy and sell orders were so delayed that I got the shaft twice more; one on another sell order being delayed long enough to trade at a substantially lower price, and then a buy order got delayed by six hours so that I ended up buying at a substantially higher price.

Redditors went to the Google store and 1-star reviewed the hell out of the app to get it de-listed. News today showed Google deleted over 100,000 bad reviews.

Two things I took away from today: 1. the elites are getting scared because the normies aren't scared and are fighting back, and 2. Left, right and center are joining forces on this thing. Rashida Talib, AOC, Ted Cruz, and Trump Jr are all on the same side of this. Can't quite count how many times in my life things might have lined up this way.

And, it isn't the first time Robinhood has done this crap!
 

Plain Jane

Just Plain Jane

DeceptiCon Maneuvers, Don’t Forget Who Owns The New York Stock Exchange
Posted on January 28, 2021 by Sundance
With the elite financial class being increasingly exposed over the past 72 hours; and with the collusion between Big Tech and Wall Street in the public spotlight; and knowing the elite Washington DC establishment is a part of that entire corrupt system; and with millions of Americans more able to accept the scale of the issues; perhaps this is a moment to remind ourselves how the BIG CLUB works to deceive under false pretense.

Washington DC is part of the corrupt Wall Street, K-Street, Big Bank, and BIG TECH system. Everything within that system is self-serving and done deliberately with the intent to maintain a particular status for the people within it. This is the moment of opportunity to expose just how the DeceptiCons trick us… this is information and dot-connecting that created The Last Refuge. This is the bitter pill that needs to be swallowed.
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Everything from within the DC system is designed to lie to you. Accept that and you begin to realize how events are NEVER what they appear on the surface.

The owner of the New York Stock Exchange (NYSE) is Jeffrey Sprecher. Remember the position of Senate Majority Leader Mitch McConnell in regards to Senator Loeffler? Well, Mr. Sprecher is the husband of former Senator Kelly Loeffler.

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Kelly Loeffler’s seat was purchased by their elite status and position. Why would a billionaire run for an elected office paying a few hundred thousand?

Majority Leader Mitch McConnell positioned Loeffler with committee assignments based on that status of influence and affluence.

Jeffrey Sprecher and Kelly Loeffler entered politics for their elite interests.

The ruse of the DecptiCons is always that a motive to the benefit of the republic lies behind their candidacy. This is the same ruse that lay behind Mitt Romney, another DeceptiCon.

There are no purely altruistic motives behind these politicians, particularly in the Senate.

Their motives are all about status, power and greed. They are not representatives of the people; they are representative of their own elite fellowship and interests, and this crosses both parties. Everything else is chaff and countermeasures to ensure their position.

That is the brutal and uncomfortable reality to accept. The entire system is corrupt.

The swamp is deep and filled with DeceptiCons who will strike at any given moment once they attain a useful position. President Trump went to Georgia to campaign for Senator Kelly Loeffler. Simultaneous to President Trump’s visible support, Loeffler’s husband Jeffrey Sprecher, owner of the New York Stock Exchange (NYSE), announced the NYSE will not blacklist Chinese telecommunications firms outlined in Trump’s executive order.
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Background: On November 12, 2020, President Trump signed an executive order prohibiting American companies and individuals from owning shares in any of the 31 Chinese companies previously listed as enabling the People’s Liberation Army, effective Jan 11, 2021. Three telecommunications companies China Mobile Ltd., China Telecom Corp Ltd., China Unicom Hong Kong Ltd., were targeted.

Literally as President Trump was traveling to Georgia to rally in support of Senator Loeffler, the NYSE –owned by Loeffler’s husband– announced they would not delist the Chinese companies:
CNBC – The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants.
In a late Monday statement, the NYSE said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control.”
[…] The exchange had originally planned to drop those listings in order to comply with an executive order that President Donald Trump signed in November. That order sought to bar American companies and individuals from investing in firms that the Trump administration alleged aid the Chinese military.
That ban is set to take effect Monday, a little more than a week before President-elect Joe Biden is set to to be inaugurated. (link)
Via Axios: “NYSE spokesperson Farrell Kramer declined to comment on what had changed in relation to compliance with the executive order. But Kramer referred Axios to a stock exchange statement saying that “in light of further consultation” it no longer intends to move forward with the delisting action.” (link)
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Senator Kelly Loeffler and husband Jeffrey Sprecher, owner of NYSE

Kelly Loeffler was appointed by Georgia Governor Kemp because Loeffler is married to Jeffrey Sprecher; a GOPe party insider, mega-donor, and multi-millionaire CEO of the Intercontinental Exchange (ICE).

Jeffrey Sprecher is the founder and CEO of ICE, which now owns the New York Stock Exchange. Kelly Loeffler’s company, the financial platform Bakkt, is a subsidiary of the Intercontinental Exchange.

Corrupt as hell. All of it. Insider party schemes, combined with Deep Swamp politics and personal influence peddling for financial interests. The familiar network of personal financial benefit. In 2012 Mrs Loeffler donated $750,000 to Mitt Romney’s Super PAC.

Political connections is why Kelly Loeffler was selected by Governor Kemp, and that same pay-to-play political network is exactly why Nikki Haley originally endorsed her and campaigned for her in the 2020 election.

I have ZERO doubt Loeffler’s husband will be providing considerable financial payments to Nikki Haley in her run for the presidency. Transparent swamp dealing.

Yes, Jeffrey Sprecher owns the largest stock exchange in the world: the New York Stock Exchange with more than 2,400 listed companies and a market capitalization of about $22.9 trillion….. There are Always Trillions at Stake.
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PghPanther

Has No Life - Lives on TB
"So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this."

Did about 4 hours of research online about this last night...................seems that the directive for Robinhood to shut down trading came from the very Whitehouse itself......................

BTW the sec of the treasury in that administration.............Janet Yellen..........and guess what?..........

....she made a lot of money in the market through a certain hedge fund Citadel...........that was started by the same person who founded Melvin Capital.............today who runs the the show at Citadel?

Former Fed Chairman Ben Bernanke....................

Do I need to make it more clear of the tight bonding of who is running the show and overplaying their hands in history again?

If I would go one step further in this observation publicly and say this on TV...... I would suffer the same fate as Charles Lindberg did when he mentioned them by name in a speech in Iowa as why we were going to be fighting another useless world war in the late 1930s

Lindberg over night went from being the most admired man in America to a nobody with a kidnapped baby that was never found...........because that group of elites owned the media back then too...............the same group that gave the Soviets our nuclear secrets and started the cold war..........

Wake up .........wake up................we are being played again.

"If you want to find out who rules over you........find out whom that you cannot criticize" - Voltaire
 

Hognutz

Has No Life - Lives on TB
"So, Robinhood is a dying platform now. They just screwed tons and tons of their own investors to protect their overlords. Yes, the SEC halts trades from time to time for one reason or another, this was the individual brokerages halting trades, not the SEC. There was no reason to do this."

Did about 4 hours of research online about this last night...................seems that the directive for Robinhood to shut down trading came from the very Whitehouse itself......................

BTW the sec of the treasury in that administration.............Janet Yellen..........and guess what?..........

....she made a lot of money in the market through a certain hedge fund Citadel...........that was started by the same person who founded Melvin Capital.............today who runs the the show at Citadel?

Former Fed Chairman Ben Bernanke....................

Do I need to make it more clear of the tight bonding of who is running the show and overplaying their hands in history again?

If I would go one step further in this observation publicly and say this on TV...... I would suffer the same fate as Charles Lindberg did when he mentioned them by name in a speech in Iowa as why we were going to be fighting another useless world war in the late 1930s

Lindberg over night went from being the most admired man in America to a nobody with a kidnapped baby that was never found...........because that group of elites owned the media back then too...............the same group that gave the Soviets our nuclear secrets and started the cold war..........

Wake up .........wake up................we are being played again.

"If you want to find out who rules over you........find out whom that you cannot criticize" - Voltaire
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Squid

Veteran Member
I missed the part where GME stock blowing up (because all of the short positions can't be satisfied) takes out all financial markets. Can someone explain that?
GME imho doesn’t take out the entire market but it does possibly take out a hedge fund or 2. But hedge funds is where both large institutional money and rich people play. If you or I make a risky bet and lose everything, it’s so sad how could you have been so gullible, a fool and their money etc... etc... but if a billionaire/millionaire lose a chunk of their ‘precious’ money and call their friends in DC. Not the 800 talk to a jr. flunkey who may write a zip code and 3 words to ‘pass on’ but they call the direct line.

This is what $5k a plate fundraising dinner and financing election theft buys. Also when Clinton Obama and Pelosi get a ‘hot insider tips’ so the morons in Congress and most administrations who make $120k a year in one of the most expensive cities all magically become super wealthy ‘serving the people’ for 15 years.

When the big money bark, their political lackeys sit up and pick up the phone.

They just think we are too stupid to see who and what they are.
 

NCGirl

Veteran Member
Robinhood is toast. The brokerage firms? Can they actually bring them to their knees? I can't wait to see how today goes. Then next week. I think they really underestimated the anger and resolve of those young folks with no real hope of a future. They did it to themselves. No pity.

I will buy today if it's possible to do so, not to make money but as a stick in the eye.

The whole house should have come down in '07 it's gonna be much worse if it falls now. And I really consider it a possibility that it might.
 

Southside

Has No Life - Lives on TB
In just a few short days, the American people realized their power and took down $70 BILLION in predatory trading. We're not even finished. This number will rise.Play the game. Take the loss. The American people have spoken. Losses on short positions in U.S. firms top $70 billion - Ortex data
I have this odd feeling as I look at today's markets.
History in the making. I am jumping in this morning, supporting my new favorite stox(which happen to be my OLD favorites....) with renewed option trading, to lift the seas.
It will be glorious!

That 70 Billion in losses? Will probably double TODAY!
Hold the line, frens!

SS
 

Squid

Veteran Member
I listened to CNBC to catch the talking points that propaganda machine is putting out.

Sorkin put away his smarmy smartest kid in the class Harris persona and threw on the serious journalist looking for answers face. Things must be bad in rich person land.

The story seems to be focus all the attention on Robin hood and the poor sad ‘individual investor’ who got suckered into buying at $500 and how painful it will be when the stock returns.

All the waving of the arms and faux concerns is trying to hide the true story. It’s the Hedge Fund and the whole stinking cesspool of elites including DC all getting theirs and looking out for themselves by rigging the whole show against you and I.

Well the king is not only not wearing a magic set of clothes but is laid bear naked for all to see.

They are getting unsettled the truth is no longer just a small group of wacko’s on inter-webs that can be dismissed as ‘conspiracy theory’s’ but is growing to a larger percentage of the population.
 

mzkitty

I give up.
I love the smell of financial napalm in the morning!

It warms the cockles of my heart to see this happening. Power to the people!

The only thing is: I saw one guy tweet last night that if the market is destroyed then we will be the socialists we say we detest.

So which is worse?
 

WTSR

Veteran Member
I put my cell order in for my two shares well above what I paid form about double now we wait and see
 

abby normal

insert appropriate adjective here
The only thing is: I saw one guy tweet last night that if the market is destroyed then we will be the socialists we say we detest.

So which is worse?
We're already socialists. Let it burn and let justice be done. It's toast anyway.

I remember TARP from '08. I was so pissed when that went down. I called and emailed like mad, so did millions of others, 99% of the public was against it, we locked up the phone lines to the WH, there was such tremendous outcry.

When I got home from work that day I bawled my eyes out, they went through with it anyway. I'll never forget that day, when my eyes were really opened .

It seems a lot of the Reddit people remember this too, and are dishing out some long overdue karma.
 

20Gauge

TB Fanatic

Paladin1

"In Omnia Paratus" is more than just a phrase
This whole damn thing is a setup for something much larger.
That's exactly what I'm starting to think. I suspect that this is the cover that they'll use to initiate the global economic collapse required for the great reset.

I'm all for destroying a few hedge fund management firms, but this is starting to feel like there's more behind it than just the r/WSB crew, especially with Elon pushing it hard.
 

20Gauge

TB Fanatic
White House refuses to address GameStop controversy


The White House is staying out of the Wall Street chaos unleashed by a Reddit group.

Press secretary Jen Psaki was peppered with questions she refused to answer directly about the market volatility involving a Reddit group called WallStreetBets banded together to squeeze short-sellers out of their positions by buying up stock in video game retailer GameStop and other flailing companies.

The Reddit group temporarily went private. Trading app Robinhood and online broker Interactive Brokers restricted trading in certain securities because of the recent volatility in a number of stocks, igniting controversy.

"Given all the volatility surrounding Wall Street and GameStop, what is the Biden administration doing to protect the average American investor if there’s going to be, potentially a major market correction?" CNN reporter Kaitlin Collins asked.

Psaki referred her to an SEC statement, which said the commission was "monitoring the on-going market volatility."

"Beyond just monitoring it, has he had any conversations with economic officials about what’s going on?" Collins pressed.

"He’s briefed by his economic team frequently," Psaki said. "But I don’t have anything more to read out for you."

Psaki again pointed to the SEC statement when another correspondent addressed the controversy.

A third reporter asked Psaki if Treasury Secretary Janet Yellen would recuse herself from advising the president on GameStop, given that she received around $810,000 in speaking fees from Citadel, the hedge fund that bailed out one of the primary losers in the Gamestop frenzy.

Both Citadel and Point72 infused almost $3 billion into Melvin Capital, which saw massive losses after betting against the pumped up stock. The White House said on Wednesday that Yellen was monitoring the situation.

GameStop stock has rocketed from below $20 earlier to close around $350 Wednesday. The action was even wilder Thursday: The stock swung between $112 and $483. The stock closed at $193.60, down more than 44% -- however in after hours trading the frenzy resumed with the stock up more than 50% and approaching $300 per share.

This may have needed a new thread, if so move it. thanks!
 
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