I mean, it was not just about GME now. If it worked out, it would happen again. Now everybody knows .. the big guys just allways bend the rules and you have no chance, so you don't even try a second GME.
This has the distinct flavour of QAnon esque conspiracy theories.
QAnon requires you to believe absolutely insane stuff, like Anderson Cooper drinking the blood of babies. This theory would require you to believe that enormously wealthy entities would find a way to use their influence and their knowledge of the inner workings of the stock market they know like the back of their hand to prevent themselves from losing a metric shit ton of money.
I'm not saying it necessarily happened, because it would still be awfully hard to hide your tracks and there'd be hell to pay if you failed, but those two conspiracy theories are definitely on different levels of 'hard to believe'.
There definitely still are people that expect the "rocket to start any minute now", and a lot of those might also believe that they were stopped from making a ton of money by evil forces -- that might be loosely comparable to a cult like QAnon. But that doesn't mean that there aren't some reasonable questions to be asked about the strange occurrences on the stock market last week.
As far as strange occurrences, I doubt we’ll ever have a satisfactory answer given how much of the market is now run by black boxes.
I think citation is needed for the Citadel connection.
I'll agree that something incredibly weird happened with silver. It wasn't just medium-obvious reddit bots pushing it on WSB, but major outlets like CNBC and drudgereport suddenly going all in with silver coverage too.
Honestly I'd prefer someone investigate the silver angle more than gamestop, even though it was wildly less successful that GME manipulation. It looked better coordinated.
Aren't the hedges involved insured to the tune of Trillions (USD)?
We got fucked by big money and big media. That's all.
Do you think Tesla is worth what it trades for?
Nobody is mad they bought in at 400 and are now sitting at 50. They're mad because they bought in at 150, were promised a squeeze, and when it happened the market makers stepped in and pulled the fucking rug out.
People are mad because the game is rigged and there is no free market. It's just bullshit. It literally proved the whole premise of "the movement"
GME bagholders didn't do anything wrong.
Look at the candles. That isn't a short squeeze.
That is a short squeeze into a week of market fuckery at the highest level to keep it low enough hedge funds don't go out of business and get a chance to cover at something that isn't astronomical.
Yes, if they allowed it to happen it would have bought some institutions down. No I don't think that would have actually been a bad thing.
Shits fucked and the media is all about that click bait.
Silver was a complete pump and dump carried out by the media at the behest of Citadel.
- made 400% of GME, got out when I noticed the bank's weren't going to let it happen.