Robinhood fraud, hedgefunds scandal 2021
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PickupArtist




Posts: 9939

PostPosted: Sun, 28th Feb 2021 20:50    Post subject:
the stock price doubled again and nobody really has a good explenation for it, maybe the hearings caused new media frenzy and fomo people started buying it based on old outdated info
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DXWarlock
VIP Member



Posts: 11513
Location: Florida, USA
PostPosted: Sun, 28th Feb 2021 20:56    Post subject:
@Galeb_G2
Its mostly over as far as interesting things to talk about around a water cooler type action.
The few people hanging around 'after the shows over' is still in there. And some WSB guys still hedging the end-of-month options expiring, to milk the last few drops they can out of it.
But otherwise the big hype part is over. The legal battle and accountability of manipulation for such, on both sides is still legally pending and playing out.

I'd say there is still a year left of legal litigation and court rulings left for those that want to watch the 'after show'. Just thats not what 95% of the population finds a 'grab the popcorn' situation like the first part.

PickupArtist wrote:
the stock price doubled again and nobody really has a good explenation for it, maybe the hearings caused new media frenzy and fomo people started buying it based on old outdated info

Its people trying to squeeze the end of month options still left open. Most run-of-the-mill options call at end of months. Compounded by the people WSB sucked into buying WAY overpriced holding stocks that even now the initial WSB squeezers need freed to fill their own options, so buying it at up to 80 (they only need 90ish). As some was trying [mostly WSB members] to get it over 90, as thats where their own options pay back by march 1st.

So mostly a "Round 2..fight" but smaller, trying to get the last drops of open hedge options, and buying from those that bought in way too high stuck trying to just get out at this point.
IF you was one of the guys that sold at $400, buying it back from the guy you sold it to, buying at 'inflated' prices of $80 to encourage them to sell..is still a good return. You made $320 per, and still own the same amount stock at the end.
Looking at the trades that's what it seems it is, there is not large count movements. All small ones. So its the dogs, eating the dogs they lured into the pen to help them fight the bigger dog, now that the bigger one is down.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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PickupArtist




Posts: 9939

PostPosted: Mon, 29th Mar 2021 20:40    Post subject:
anyone follow this viacom stock drop by 50%+ ? just one dude selling his stocks make share price drop by HALF .... imagine a stock crash coming and ALL THESE RICH CUNTS selliong off all their stocks roflol , armageddon, this just is a single rich gambler affecting a share price ... , imagine a 1000 of these, and u trust ur money in that cespool ?

so let me get this right: someone borrows (bill wang) money from banks to buy viacom stock, banks shorts the viacom stock and force buyer to sell his stock to get their funds back , double win for the banks , all legal ?

https://www.reddit.com/r/wallstreetbets/comments/mfi0dt/bill_hwangs_firm_just_went_tits_up_prime_brokers/

"7 hours ago
It's not over yet. the dude leveraged his $15B about ~5x to get close to $80B of exposure.They only sold $20B on Friday. There is still $60B to go LMAO"

dafuck lol

oh boy several banks involved, this could be the spark to ignite another 2008 again
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paxsali
Banned



Posts: 18352

PostPosted: Sat, 25th Sep 2021 23:45    Post subject:
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