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JoyousMischief 10 points ago +10 / -0

The main problem with your theory is how rabid the media has been about this. If they wanted to crush these hedge funds, CNN could have told people to invest in GME for the past week and their mission would have been assured. Instead, Wallstreet, and allegedly, the White House, have acted to stop the GME squeeze.

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ZerroDefex 9 points ago +9 / -0

That is a very legit point, like if Q was meant to hurt Trump the media would be pushing it rather than trying to tear down and discredit it.

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deleted 8 points ago +8 / -0
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jebba 7 points ago +7 / -0

Trump doesn't even defend his friends on wallstreet. He knows they are sharks.

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CL1984 [S] 5 points ago +5 / -0

I get that people are angry. Also you don't owe anything to these rich hedge fund guys. But hear me out, if you are going to try to take out funds and banks, there are plenty of woke capitalists out there.

I think this was a psyop to hurt the finances of Trump. Trump does not have many big donor friends on Wall Street. Also we know Reddit is anti-Trump and is beholden to Tencent, one of the Chinese communist nation's flagship companies.

It is possible they wanted to harness the young people who are stuck at home, investing all last year and who felt extremely disenfranchised due to the recent voter fraud and militarized inauguration of Joe Biden.

I wish I had caught this earlier. Simple Google searches can confirm all of the above. I got swept up in it too. So did a lot of our "friends" at Fox News and the NY Post. Even Rush Limbaugh and others applauded it, but I don't think they were aware of all of the facts.

Be careful with what you see online.

Also I know that Point72 was a big initial backer of Melvin Capital which started in 2014. I'm not sure Citadel was initially. I'm not sure if I can publicly find all the investors in Melvin Capital. But I think the capital infusion a few days ago suggests that Citadel already had financial exposure with Melvin.

Links:

Steve Cohen's $1M inauguration donation to Trump, page 123 https://docquery.fec.gov/pdf/286/201704180300150286/201704180300150286.pdf Steve Cohen's donations to Republican Senate and House causes https://news.artnet.com/art-world/steve-cohen-republican-donor-1207619

Ken Griffin's political donations, nicely itemized in Wikipedia, scroll down slightly https://en.wikipedia.org/wiki/Kenneth_C._Griffin#Super-PAC/Outside_Group/Party_Contributions

Background into the Gamestop thing https://www.independent.co.uk/news/business/gamestop-share-price-reddit-hedge-fund-melvin-capital-b1793543.html

Capital infusion https://www.ft.com/content/1791269f-fe8c-47e3-b933-62125ee83242

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Food4thought 5 points ago +5 / -0

Well, im sure they have freinds that'll let em sleep on the couch.

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FortheGenerations 4 points ago +4 / -0

Lol trump can get PLENTY of money from individual donors he doesn't need a piddly 1mil here 2mil there. He can get 100s of millions easily in small donations

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jebba 2 points ago +3 / -1

Reading this makes me want to GO LONG ON GME, but it's just me, I like the stock.

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tomthung 4 points ago +4 / -0

Plus, these guys have a habit of funding both sides of the coin.

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BewareOfThePug 1 point ago +1 / -0

Yes, im sure they would have donated to Biden's inaugeration, but it was done on the cheap anyways...

Security cost was a bitch tho.

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MasterChief 4 points ago +4 / -0

Shut up Steven

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swimminginthoughts 3 points ago +3 / -0

The GOP is dead now anyway.