posted ago by xchainlinkx ago by xchainlinkx +22 / -5

They won't let their peasants have crumbs. They did it on Robinhood and other exchanges. They'll pull all the stops to prevent you from cashing out when GME hits 42,069. How? Internet blackout? Bribes/Blackmail of exchange owners? A "hack" such as with the meat processor and the oil pipeline?

Why? Because when they go down they'll want to take you down with them. No bigger "fuck you" when you see your stocks collapse as the bubble pops, unable to withdrawal.

If you're in, assume you're locked in and all the money you put is gone. (It's not even real money to begin with.)

Just a warning.

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Auroraalpha 1 point ago +1 / -0

Can the SEC or FINRA or some other organization do a rollback by forcing a buy back of shares at the "correct" list price?

Or there's also a really obvious out for the bloody hedgies if the firm in question issues more new shares, basically making the shorts moot (Granted, this requires a belief that the hedgies wont go greedy and try and short more).

xchainlinkx [S] 3 points ago +3 / -0

Robinhood still hasn't suffered any consequences for blocking trade of GME and AMC. Neither has the other exchanges who did, unless I missed something.

Auroraalpha 1 point ago +1 / -0

You haven't. If anything, anything will take years to upend via legislation/rulings. Mind you, the head of the SEC compliance division is.....Peter Strzok's wife. And yes, this is the SAME Paul Strzok of FBI fame from the HIllary Clinton email, and Robert Mueller Russia probes. I don't expect the SEC will come to the people's side anytime soon.

The only consequence we can give Robinhood is to pull out en masse and just de-capitalize them and force them into a liquidity crunch. Force them to lose money, from being unable to sell our info.