The historic short squeeze, engineered by a bunch of deeply cynical small traders, exposed just how rigged the market has been…
Joseph Saveri Law Firm | 21.02.02
On January 28, many brokerages abruptly and unilaterally restricted retail investors’ ability to buy long positions—in some cases removing the option to buy shares of the relevant securities while openly permitting them to sell their existing shares or prohibiting users from viewing the tickers for some or all of the relevant securities.
By James Stafford – Feb 02, 2021, 3:20 PM CST, OilPrice.com
There is a massive threat to our capital markets, the free market in general, and fair dealings overall. And no, it’s not China. It’s a homegrown threat that everyone has been afraid to talk about.
Until now. That fear has now turned into rage.
The naked truth is this: Investors stand no chance in the face of naked short sellers. It’s a game rigged in the favor of a sophisticated short cartel and Wall Street giants.
21.01.30 | By GlobalIntelHub
Dear traders, This ain’t our first rodeo. For those of us who have seen this before, Robinhood is making moves eerily similar to financial institutions about to fold, such as Refco, MF Global, PFG, and others. Let’s take a look at where we are at.
Bloomberg, 2 February 2021
ROBERT STEELE: The article by Bloomberg is largely bullshit. Buried in one line is “failure to settle.” The reporting is unprofessional and irresponsible.
Andrew Hecht | 21.02.02
During the past several days, the highly-speculative silver market became a central focus of the social media crowd. Markets move high when buyers are more aggressive than sellers and vice versa. Silver is now the next target for the herd that cashed in on GameStop and other shares with short interest. Silver and GME shares are very different assets, but the price action puts them in the same category in the current landscape.
This is going to be ugly… 100% necessary, but very ugly.