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  1. #221
    Quote Originally Posted by Tic Tacs View Post
    I wonder what SEC going to do about this, clearing the stock is manipulated to the Moon or Mars? Pretty funny to watch to be honest.
    Very fun. Go to bed thinking you know what's going to happen based on what just happened.
    Wake up and "holy shit wtf".
    its like a very good mini series at this point so many cliff hangers each night.

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    Quote Originally Posted by The Oblivion View Post
    nope, this is a chat room of people buying a stock. you cant bend it to the terms you want, facts are facts.
    So you saying the top 10 hedge fund managers just have to go into a chat room and they are free and clear of the SEC regulations on collusion and manipulation?

    Niceeeeeeee.
    Buh Byeeeeeeeeeeee !!

  2. #222
    Quote Originally Posted by Zan15 View Post
    No this is open collusion and stock manipulation. Huge difference.

    If hedge fund managers did this level of communication, planning and coordinated stock buying of a single company there would be hell to pay and the SEC would drop the hammer on them

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    Agreed especially in the broader financial market outside of stocks. It only takes a few fuck ups to cause the whole cliff to go into a landslide
    Maybe not so surprising, but 2020 was record enforcement year for the SEC. The SEC ’s Enforcement Division secured a record $4.68 billion in disgorgement and penalties in fiscal year 2020. The division’s annual report released Nov. 2 reveals that the Commission ultimately brought 715 enforcement actions—with 405 “standalone” cases.

  3. #223
    Quote Originally Posted by Zan15 View Post
    No this is open collusion and stock manipulation. Huge difference.

    If hedge fund managers did this level of communication, planning and coordinated stock buying of a single company there would be hell to pay and the SEC would drop the hammer on them
    Thing is, that would only be OK if they had no interest in the security at all. However, it is shown all the time with the various financial people that are talking heads on TV that they do have some financial interest in said security and cause it to go up and down while profiting off of what they said. Or some hedge fund/broker states the same thing. Manipulation doesn't have to come from collusion between funds or companies.

  4. #224
    Quote Originally Posted by gondrin View Post
    Honestly, if that bet is wrong, then those who tried to go against that bet will have to pay the price. I see it whenever I go to an actual casino. People will bet far more then they can afford to lose and while I do feel some sympathy for them, they should also know that outcome is a possibility and a good one at that.
    That is what is unique about this, most of the people I see in that forum have nothing left to lose. But that is what it takes to run this kind of scheme, desperation

    They are betting whatever is left.
    People taking the 600 dollar stimulus and betting it on GME instead of paying the rent/food/power bill.


    The reality is that this stock will go back down to its expected range. You have one half of the owners making a shit ton of money and you will have the other half losing their shirts when it tanks. It will all even out in the end.

    Its just changing hands from one group of individuals to the next.

    Once the cork pops the money will plow back in to short the stock back down to the single digits/teens.
    Making back a lot of what was lost.

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    Quote Originally Posted by gondrin View Post
    Thing is, that would only be OK if they had no interest in the security at all. However, it is shown all the time with the various financial people that are talking heads on TV that they do have some financial interest in said security and cause it to go up and down while profiting off of what they said. Or some hedge fund/broker states the same thing. Manipulation doesn't have to come from collusion between funds or companies.
    and they are required to disclose that during their TV appearance and they do, at least on all the channels i watch.
    Even Cramer has to publicly list all his stock ownership and even the ones in the charity he is part of, just so he does not go and get fined by the SEC

    And it does not matter if they have no investment yet.
    They cannot get together and plan future moves into a security/stock/etc as a group. That is collusion and manipulation violations. There are more specific terms but those are the easiest ones to understand.
    Buh Byeeeeeeeeeeee !!

  5. #225
    Quote Originally Posted by Zan15 View Post
    That is what is unique about this, most of the people I see in that forum have nothing left to lose. But that is what it takes to run this kind of scheme, desperation

    They are betting whatever is left.
    People taking the 600 dollar stimulus and betting it on GME instead of paying the rent/food/power bill.


    The reality is that this stock will go back down to its expected range. You have one half of the owners making a shit ton of money and you will have the other half losing their shirts when it tanks. It will all even out in the end.

    Its just changing hands from one group of individuals to the next.

    Once the cork pops the money will plow back in to short the stock back down to the single digits/teens.
    Making back a lot of what was lost.

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    and they are required to disclose that during their TV appearance and they do, at least on all the channels i watch.
    Even Cramer has to publicly list all his stock ownership and even the ones in the charity he is part of, just so he does not go and get fined by the SEC

    And it does not matter if they have no investment yet.
    They cannot get together and plan future moves into a security/stock/etc as a group. That is collusion and manipulation violations. There are more specific terms but those are the easiest ones to understand.
    what are you on about? you actually have 0 understanding of the legal guidance around this do you?

    100 people all investing with 1 broker who invests them all in tesla and apple, is the same is 100 people investing identically. This is not collusion or manipulation.

  6. #226
    Quote Originally Posted by The Oblivion View Post
    what are you on about? you actually have 0 understanding of the legal guidance around this do you?

    100 people all investing with 1 broker who invests them all in tesla and apple, is the same is 100 people investing identically. This is not collusion or manipulation.
    It is absolutely manipulation and collusion. The only question is whether that manipulation and collusion is illegal.

  7. #227
    Old God Vash The Stampede's Avatar
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    Quote Originally Posted by Zan15 View Post
    Also the bail outs btw, were paid back in full with interest. It ended up being a great investment for taxpayers that is still paying dividends today. Oh about 90-120 billion dollars a year.
    Giving people money will make money. Them paying it back doesn't mean it was a good thing. Anyone wanna give me 1 million for like a year? I could make a YouTube series in how I became a millionare and bank off that. I could invest that money in a reliable stock.

  8. #228
    Quote Originally Posted by Machismo View Post
    It is absolutely manipulation and collusion. The only question is whether that manipulation and collusion is illegal.
    then having a broker who handles more then 1 person is manipulation and collusion.

  9. #229
    Quote Originally Posted by Zan15 View Post
    That is what is unique about this, most of the people I see in that forum have nothing left to lose. But that is what it takes to run this kind of scheme, desperation

    They are betting whatever is left.
    People taking the 600 dollar stimulus and betting it on GME instead of paying the rent/food/power bill.


    The reality is that this stock will go back down to its expected range. You have one half of the owners making a shit ton of money and you will have the other half losing their shirts when it tanks. It will all even out in the end.

    Its just changing hands from one group of individuals to the next.

    Once the cork pops the money will plow back in to short the stock back down to the single digits/teens.
    Making back a lot of what was lost.

    - - - Updated - - -



    and they are required to disclose that during their TV appearance and they do, at least on all the channels i watch.
    Even Cramer has to publicly list all his stock ownership and even the ones in the charity he is part of, just so he does not go and get fined by the SEC

    And it does not matter if they have no investment yet.
    They cannot get together and plan future moves into a security/stock/etc as a group. That is collusion and manipulation violations. There are more specific terms but those are the easiest ones to understand.
    Well, as the saying goes, a fool and his money are soon parted. Don't get me wrong, I do feel sympathy for those who are deciding to gamble with funds they generally cannot spend but on the other hand, I know for a fact all brokerage firms have to have the disclaimer that investing in those types of investments are very to extremely risky and are not for the novice investor.

    That is why I am not apart of it. I have a few shares in some long term stocks that give dividends and bought a few in some cheaper stocks that might catch a small bit of wave from this whole fiasco and cash out when it goes up some but not looking for any major profits.

    And as I said, I do see that same mentality whenever I go to an actual casino and watch someone bet a hundred or more on a hand and get upset that they lose. I've told people that if you are going to a casino thinking you are going to win big, good luck with that. You might make it happen but more times then not, you are out money. That is why I go to people watch. Much more fun.

  10. #230
    Pit Lord smityx's Avatar
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    Buy Gamestop, pharma and PPE manufacturers.

  11. #231
    Quote Originally Posted by Vash The Stampede View Post
    Giving people money will make money. Them paying it back doesn't mean it was a good thing. Anyone wanna give me 1 million for like a year? I could make a YouTube series in how I became a millionare and bank off that. I could invest that money in a reliable stock.
    BTW, on the more sane side of the stock market, Apple reported a revenue of $111.4 billion for the 4th quarter 2020. Way over the consensus of $102 billion. Almost 20% increase from 3rd quarter 2020 which was already a record for them. Looks like record breaking revenues for all the FAAMG companies.

  12. #232
    Old God Vash The Stampede's Avatar
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    Quote Originally Posted by Zan15 View Post
    Very fun. Go to bed thinking you know what's going to happen based on what just happened.
    So you saying the top 10 hedge fund managers just have to go into a chat room and they are free and clear of the SEC regulations on collusion and manipulation?

    Niceeeeeeee.
    They can also go to secret room and nobody would know. None of these people are hedge fund managers. They are a bunch of people under the age of 25 who are probably unemployed and want to make money and make fun of a bunch of rich people.
    Quote Originally Posted by Machismo View Post
    It is absolutely manipulation and collusion. The only question is whether that manipulation and collusion is illegal.
    This is borderline breaking freedom of speech. If people can't freely talk about stocks then we no longer have freedom of speech.

  13. #233
    Quote Originally Posted by The Oblivion View Post
    what are you on about? you actually have 0 understanding of the legal guidance around this do you?

    100 people all investing with 1 broker who invests them all in tesla and apple, is the same is 100 people investing identically. This is not collusion or manipulation.
    Well technically there is no legal guidance around this very scenario because its never really happened before. I am relating it to current regulations and past examples of SEC enforcements.

    Why not share your "legal guidance" then since you apparently have the degree and insight?


    As for your example, those 100 people have zero contact with each other. They are not planning anything as a group.


    How in the world do you compare this to 100 people/companies sitting in a room and coming up with a single plan and course of action to manipulate a stock based on pumped up information of which a lot of it is downright made up???

    The second the reddit started posting bullshit information they stepped over the line into the pump and dump realm for which a lot of people and entities have been both fined and jailed for.
    Buh Byeeeeeeeeeeee !!

  14. #234
    Quote Originally Posted by Zan15 View Post
    Well technically there is no legal guidance around this very scenario because its never really happened before. I am relating it to current regulations and past examples of SEC enforcements.

    Why not share your "legal guidance" then since you apparently have the degree and insight?


    As for your example, those 100 people have zero contact with each other. They are not planning anything as a group.


    How in the world do you compare this to 100 people/companies sitting in a room and coming up with a single plan and course of action to manipulate a stock based on pumped up information of which a lot of it is downright made up???

    The second the reddit started posting bullshit information they stepped over the line into the pump and dump realm for which a lot of people and entities have been both fined and jailed for.
    retard69 posting a meme that hes putting his life savings in gamestop so that he can send the gamestop rocket to the moon isnt a crime.

    a ton of individual actors doing stupid shit isnt coordination there is no single entity doing this. SEC can eat a dick.

  15. #235
    The Unstoppable Force Theodarzna's Avatar
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    Quote Originally Posted by Zan15 View Post
    Oh well you seem very hell bent on huge fed conspiracies and things that never happened. Hard to have a realistic discussion with you at this point.

    you seem to ignore the impact on everyone else to actions by the feds. Guess those auto bailouts didn't save any jobs either as just one example.
    I get it, you are really invested in everyone seeing Wall Street as something other than a giant make believe casino land with arbitrary rules and very little if any connection to the real world; but look it patently is a fake place of fake rules and fake games but is the only place money gets made since the real world economy was left to rot and die after 2008.
    Quote Originally Posted by Crissi View Post
    i think I have my posse filled out now. Mars is Theo, Jupiter is Vanyali, Linadra is Venus, and Heather is Mercury. Dragon can be Pluto.
    On MMO-C we learn that Anti-Fascism is locking arms with corporations, the State Department and agreeing with the CIA, But opposing the CIA and corporate America, and thinking Jews have a right to buy land and can expect tenants to pay rent THAT is ultra-Fash Nazism. Bellingcat is an MI6/CIA cut out. Clyburn Truther.

  16. #236
    Quote Originally Posted by Vash The Stampede View Post
    They can also go to secret room and nobody would know. None of these people are hedge fund managers. They are a bunch of people under the age of 25 who are probably unemployed and want to make money and make fun of a bunch of rich people.

    This is borderline breaking freedom of speech. If people can't freely talk about stocks then we no longer have freedom of speech.
    Talking about it is different then planning a coordinated plan to manipulate a stock.

    Several years back the SEC was cracking down on "Hedge fund dinners" (forgot the exact name they called it) where they were starting to do such things.

    Freedom of speech stops at the point you are breaking laws and regulations.

    Quote Originally Posted by Vash The Stampede View Post
    They can also go to secret room and nobody would know. None of these people are hedge fund managers. They are a bunch of people under the age of 25 who are probably unemployed and want to make money and make fun of a bunch of rich people.

    .
    So wait people are angry that the rich, elete and hedge fund get special treatment....but then want to use the excuse that these are people under 25 and poor so they should get....umm special treatment?

    Shame the folks making the most money on GME right now are Blackrock, you know the biggest fund company in the country (13% of the company stock) and a bunch of other funds over 5% and a whole lot between 1-5%.

    Way to stick it to a bunch of rich people...while making a whole different set of rich people even richer!!!

    Buh Byeeeeeeeeeeee !!

  17. #237
    Old God Vash The Stampede's Avatar
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    HAHAHAHA! Also I'm missing out on the AMC band wagon.


  18. #238
    The Lightbringer zEmini's Avatar
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    Hilarious. Wish I would of jumped on this bandwagon last week.

  19. #239
    The Insane Dug's Avatar
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    Stonks go up stonks go down you can't explain that

  20. #240
    Screw GameStop. Have you seen FB report.

    Gross Revenue for full year 2020 up 22% from 2019.
    Net Income (profit) up 58%.
    EPS up 57%.
    Profit margin for 4th quarter 2020 was 41% and 33% for the entire year of 2020.

    Usage statistics.

    • Facebook daily active users (DAUs) – DAUs were 1.84 billion on average for December 2020, an increase of 11% year-over-year.
    • Facebook monthly active users (MAUs) – MAUs were 2.80 billion as of December 31, 2020, an increase of 12% year-over-year.
    • Family daily active people (DAP) – DAP was 2.60 billion on average for December 2020, an increase of 15% year-over-year.
    • Family monthly active people (MAP) – MAP was 3.30 billion as of December 31, 2020, an increase of 14% year-over-year.

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