Post by
bandit69 on Jan 27, 2021 3:54pm
Market Manipulators and Short Sellers Beware
I think I am the only one left on SH...anyways, there are massive coordinated short squeezes going on in the market. This is not a post regarding HIRE but a confirmation of what I have written about and have been commenting on here and other bullboards regarding finacial markets in general while being called a conspiracy theorist.
You've GOTTA watch this:
https://www.youtube.com/watch?v=9ToOGrUQ7ME
https://www.youtube.com/watch?v=wgYZk9Mc804
This is in direct response to my comments in past about short reports (or lack thereof...why can I see instant trades to the upside immediately but I can only see short sales twice a month? hmmmm...I wonder :) .), 'anonymous" trades (this isn't a scam according to regulators...whom have called in the past to discuss this) that only brokers have the ability to use etc. The story broke about r/wallstreetbets a coordinated short squeeze by the retail investor. Many have colluded on Reddit to squeeze heavily shorted stocks and bought...but not selling....causing hedge funds and brokers to be squeezed in to a small timy fragment of their former selves.
Financial Networks, elites, and 'experts" are ....of course....angry and sinking FAST! It's ok for Wall St and Bay ST. (BS for short..hahaha) to collude and fleece investors but when they are kicked in the gonads all of a sudden is "unfair". Regulators, also lunch buddies to Wall and Bay St., don't know what to do and there is nothing they can do. the Advantage to retail investors is individuals are not regulated like our beloved "money managers"...and there is power in numbers. There are far more retail investors than money managers. Simple theory.
Some equities have been shorted more stock than actually exists....it is called naked short selling and is prevalent in Canada and has been for a long time.But the tables have been turned against the market manipulators and rightfully so. Very impressive to me and totally deserved. Watch the Big Short and other similar movies about 2008/2009 where nobody on Wall Street was jailed for outright fraud knowing all along that the Fed would bail them out with taxpayer dollars while you and I go to jail if we steal a pack of gum.
Milliennials have their revenge today for what their parents experienced during that time when many millions of people lost everything while money managers/hedge funds rode off in to the sunset....somewhat like Alberta Oil and gas exec's have for producing nothing but losses but lining their pockets at the same time off of the backs of shareholders then looking for a government bailout for their incompetence. Say what you want about Trudeau, I am no fan, but they did good by not rewarding bad behavior. He also didn't bailout the airlines because the optics are bad to their voter base and airlines stole previously paid for trips when the pandemic hit. The gov't said no bailout until all f those people are refunded. Like the Libs or not, this was a good call.
Politicians won't do anything to stop the Reddit story. Why? because these are a large contingent of voters. The financial markets will have to work it out. But their fixed market games are over.
I will stay the course and won't take part in the frenzy in the markets but, I will be a spectator.
The bonus, it sounds like Redditors are forming an India wallstreetbets. India is very tech savvy and only have a population of over a billion people! Watch for it....it will be massive if it takes off!