Called it
System is rigged
#MAGAA
The top securities regulator in Massachusetts said the New York Stock Exchange should halt trading in GameStop stock for 30 days so it can “cool down.” Retail traders—often using options--have helped propel the stock more than 1,000% this year. On Wednesday alone, shares were up more than 100%.
“I really think at this point it calls upon the regulators, in this case, the New York Stock Exchange, to consider simply suspending it for a month and stop trading it,” William Galvin, the Secretary of the Commonwealth of Massachusetts, told Barron’s. “These small and unsophisticated investors are probably going to get hurt by this.”
"Small and unsophisticated"
these sold out FCC type orgs are bpught and paid by wall street. And are blatantly biased and corrupt at this point.
Is ing old mummy Joe gonna do something about this? Is he 3ven gonna listen to Bernie and Pocahontas?????
Wake up piece of old dirtbag joe.
Called it
System is rigged
#MAGAA
If the bubble really gets popped your retirement account will take a hit too.
BlackBerry Execs Cashed Out When Reddit Sent Their Stock Skyrocketing
CFO Steve Rai liquidated his entire position of 33,000 shares in the company for $428,731 on Jan. 21, about double what it was worth at the beginning of the year.
He might be kicking himself though, because days later the stock ed even further.
Mark Wilson, BlackBerry’s chief marketing officer, cashed out 78,500 shares for $991,445, or about $12.63 a share.
Division leader Billy Ho sold some $259,000 in shares.
https://gizmodo.com/blackberry-execs-cashed-out-when-reddit-sent-their-stoc-1846162797
Sad attempt to turn tables. You've really went down in the rankings.
cry more
Ghoteem
derp keeps ranking of his enemies
Reminds me of every canserva boycott, tbh...
^ Autism is you super power, derp? That explains some things
^Paid government shill.
You're a paid corporate shill spreading disinformation, I'm glad we have great men like Nono to counteract your .
How much are you being paid as a government shill to spam the board?
You can still buy blockbuster stock and its trending up. Bliaq is the ticker
I haven't heard anything about gamestop taking advantage of this situation to strengthen their books. AMC seems to be all over it...
AMC said on Monday it had raised $917 million since mid-December through equity and debt issues. “This means that any talk of an imminent bankruptcy for AMC is completely off the table,” Chief Executive Adam Aron said in a statement accompanying disclosure of the additional funds.
On Wednesday, AMC said it raised an additional $304.8 million by selling shares this week, cashing in on an unprecedented social media-driven rally powered by amateur traders taking on hedge funds that had shorted its shares.
On Thursday, it said Silver Lake and other creditors decided to convert debt holdings to equity in a transaction expected to reduce AMC’s obligations by $600 million.
AMC is considering attempting to raise even more money to capitalize further on the frenzy in its shares, the sources said. While its shares dropped about 57% on Thursday, erasing most of the week’s gains, they are still up more than 300% since the beginning of January.
AMC said on Monday its “financial runway has been extended deep into 2021.” Still, it could use proceeds from a new capital raise to further trim its $5.5 billion debt pile as of the end of September, according to the sources.
If anybody is actually still browsing there looks to be an insane amount of astroturfing now, site got too big for it's own good. There appears to be a coordinated attempt to pump and dump silver and alot of people are cashing out and donating their profits, but this only works if they hold.
People about RH blocking purchases, their fine print says they can block anybody, anytime, for any reason.
And RH is a actually front for BigFinance, not anyway anything do with the lore of Sherwood forest.
They will probably allow the hedge funds to avoid paying for their borrowed stocks until ppl get tired and sell. Its ing obvious.
The only chance the common folk have is to leave their money and just forget about it. Permanently. Then hedge funds are ed for a while, until they find a loophole or bailout.
Its a lose lose situation for common folk tbqh. The onlh question is how long this lasts.
GME could issue a bunch of new common stock. Raise money for themselves and give the shorts a chance to exit.
Thatll be the end for them though, once theyre out the stock will obviously crater and theyll be the bad guys for bailing out the hedge funds. Amc got away with it because they did it early
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