They stuck it to a couple of hedge funds, one of which shorted Tesla last year.
They stuck it to a couple of hedge funds, one of which shorted Tesla last year.
If the freedom of speech is taken away
then dumb and silent we may be led,
like sheep to the slaughter.
George Washington (1732-1799) First President of the USA.
Its not ....how "I Think" ...its what happened...Its about the droves of investors communicating and moving the market one way...(just like the Big Boys do it) ....Rush is just fine..40 million Americas would agree...
...Any more questions do your own research or read the articles I posted.
Thanks for your participation.
He is pretty much unlistenable anymore. I try and catch a few minutes here and there but it's the same show every day where he has turned away from talking about small-government conservatism to populist rabble. Even the guest hosts offer no variability in message. 40 million people can be wrong; 80 million voted for Biden and they're wrong.
Still no one has explained how what the "droves" did is the same as the "big boys." The big boys will get slapped down hard for doing anything close to what the "droves" did.
But I do my own research and it's at least as good as Rush "studying it all morning." If you could put some of your thought into it rather than just posting article after article then maybe we could have a discussion.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
Power to the players: Wall Street levels up in Reddit rallyhttps://www.yahoo.com/finance/news/p...185027721.htmlNEW YORK (Reuters) - Wall Street was contemplating big wins from the Reddit-fueled retail frenzy in stocks such as GameStop on Thursday, even though many hedge funds in its ranks were nursing losses.Shares in GameStop, whose motto is "power to the players", and other heavily shorted stocks such as AMC Entertainment, BlackBerry, Koss Corp and Express Inc soared this week, as traders on Reddit and other social media platforms snapped them up.
These trades forced hedge funds 'shorting' the stocks to cover their positions, costing them billions of dollars and further fuelling a rally which caught many by surprise.
But the tide started to turn on Thursday as some top Wall Street firms disclosed how they had benefited from the feeding frenzy, while others came up with new trades to make a profit.
...
The more things change the more they stay the same.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
Bomb tuna sandwich with jalapeno and olive on toasted roll. Antifa fascists don't deserve none of this.....
^ That is utter nonsense.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
^^^ That is getting old.. Nothing to offer except non-stop..never-ending Garbage....Go post your own thread...question and talk to yourself....
I just check his website to see if he's OK or needs a substitute on a given day and listen a little bit. Rush Limbaugh is an important historical figure. Sometimes what ISN'T said is as important as what IS said. Where are the "homosexual updates", "feminist updates", "environmentalist updates" and Paul Shanklin parodies? Rush has hinted that there are certain things he's not allowed to say anymore. If you watch for what Rush is NOT saying, it's still interesting.
Last edited by tailfins; 01-29-2021 at 10:31 AM.
Experienced Social Distancer ... waaaay before COVID.
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
"when socialism fails, blame capitalism and demand more socialism." - A friend
"You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
“Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho
I love how this country is designed to keep the elite elite and the poor poor. Land of opportunity my ass. Break the code and the establishment starts crying.
Biden EO outlawing breaking elitist code to follow
But DO keep squabbling amongst yourselves while they steal all the groceries. That's by design as well.
Hell, I don't have the money nor the expertise, but folks know how to manipulate the market, even in many legal ways.
Here's an article from 2012 that speaks of my line of thinking:
How The Big Players Manipulate The Stock Market
https://seekingalpha.com/instablog/2...e-stock-market
Warren Buffet responded to this issue with Gamestop, and kinda hit at what I mean.
WARREN: There are rich people on both sides of this, people who are trying it appears to manipulate this market and that’s what we don’t know the details of. For a long time now, the SEC has pulled back and not made sure that we have an honest market. The whole point of having a stock market is so that people across this country around the world can invest in businesses help create that capital accumulation so businesses have the money they need to grow and to prosper. Instead, what has happened is it’s turned into a casino so that market manipulators come in and they drive markets up or down and make a profit on it. It’s, it’s called the gamification of the market. And all of a sudden, the billionaires and some hedge funds are yelling because they’re not the ones, the only ones who make money when the manipulation works. But remember the other half of this, there are going to be a lot of people who are going to lose money around this, a lot of money that they can’t afford to lose. This is why we need an SEC that has clear rules about market manipulation and then has the backbone to go in and enforce those rules.
https://www.realclearpolitics.com/vi...ion_works.html
“You know the world is going crazy when the best rapper is a white guy, the best golfer is a black guy, the tallest guy in the NBA is Chinese, the Swiss hold the America's Cup, France is accusing the U.S. of arrogance, Germany doesn't want to go to war, and the three most powerful men in America are named "Bush", "Dick", and "Colin." Need I say more?” - Chris Rock
This is where you need an experienced market analyst to help you out. Many investors have made a living out of short selling stocks. That is how the hedge fund market works. The problem is that you don't know when the kickback is going to happen. The market has all sorts of breaks and automated programs that can hurt inexperienced traders. My husband monitors reddit and many other community investor sites. When a previously dormant or low value stocks begins to rise, it triggers a program that he has. He then sends alerts to his clients. They all bought tons of GameStop and a few others. When the stock rose to certain levels, he sold. In one transaction, I believe he bought several hundred shares at $83 and sold for close to $300.