Elizabeth Warren sides with the Hedge Funds

All they see is Warren = Pocahontas = the devil. Every other rationalization follows this thought process. No facts required.

In fact, this whole WSB episode is utterly flabbergasting. All of a sudden the hard core Trump think like they support the little guy over the elite, because zerohedge etc. has told them so. In reality, they have ZERO understanding what really went on in this sad spectacle.

 

Also, this whole thing is going to wind up making other hedge funds (if not the ones that lost initially) a ton of money. Does anyone really think GameStop stock is going to stay this high for two months? Hedge funds are probably champing at the bit to short it right now and make a killing as it drops back to a realistic price. No way people hold onto a meme stock for 60 days to keep the price high. And, it's entirely possible that someone working for a hedge fund triggered this whole thing in the first place. These guys destroy companies for fun and profit. It's not impossible to think some of them infiltrated WSB (and other subs) watching for this kind of opportunity. But we won't know if there isn't an investigation.

 

Well I don't have a problem with shorting the market. The stock market needs negative feedback too. My problem is that there are no limits on shorting a particular company. I had no idea before this Gamestop issue, that you could short more than the actual individual stocks. I can't see the purpose of that and it should probably be looked into.

Also the fact that the RobinHood app stopped accepting buy orders for a period of time last week in Gamestop sounds like an SEC violation.

 

It is pretty much already over:



Anyone thinking they'll be able to pump this up again is delusional. At this point, they better minimize their losses.

 

Elizabeth Warren sides with the Hedge Funds
She knows what side of the bread gets the butter.

 

You just read the fake headline of the OP and believed, did you? Confirmation bias at its finest. As expected.

 

I think the Robinhood definitely made a violation in regards to shutting down acquisitions of GameStop. I really don’t support any regulation regarding this matter; that might have been unclear in my first post. I’m just saying “if” regulations are done, they ought to effect everyone the same. I think if shorting stocks is acceptable, than driving up the price of those stocks should also be acceptable. I don’t think anything needs to be changed just because a few billionaires lost a lot of money. They always love to warn the rest of us about the inherent risks of playing the market.

 

Both Warren and Harris have been heavily funded by the Hedge Fund Lobby and by the Trial Lawyers' Associations.

 

There are plenty of sources that are pointing out the same thing about Elizabeth Warren.

https://www.washingtonexaminer.com/...ects-robinhood-hedge-funds-from-the-redditors

Provide me with a link that says otherwise...

 

https://www.cnn.com/2021/02/02/investing/robinhood-reddit-gamestop-elizabeth-warren/index.html

Your link (to a RW crackpot site, btw), provides no evidence that Warren sides with the hedge funds. It is, however, full of innuendo.

BTW: The hedge fund managers can be wrong, and the WSB redditors can be wrong at the same time. One doesn't exclude the other. I have criticized both sides in this spectacle. Why does everybody need to take sides on everything? I don't know.

 

Your link actually further reinforces my claim. She is interested in protecting a small group of elites.

But in hindsight, CNN has no credibility left to be had anyway....

 

Can any of the folks who think Warren is "sid[ing] with the hedge funds" actually quote something from her that makes them think that?

 

It's at $168 in after-hours trading.

168.00 +76.29 (83.19%)

https://finance.yahoo.com/quote/GME
After hours: 7:59PM EST

 

If I were you, I'd put me life savings into GME. You have to act fast, before the run up is over. What are you waiting for?

 

I don't know. It's up 50% today, currently trading above $140