Originally Posted by
LAXtoDEN
I’m still holding $AMC, I don’t care about the over 350% I’m up on it. They actually have threatened multiple times on halting trading and “price manipulation” fines. Yet all these renewable energy stocks with zero profit are up a zillion. This originally was a “stick it to the short hedge funds” now it’s a stick it to the suits. Hedge funds trade off momentum, yet they now claim this is reckless?
I’m actually really upset now as well on how they’re using the SEC to bail them out yet they gamble with money everyday. This just became personal for many investors.
The new movement on Reddit is “we’re the Whales now, you’re the bottom feeders” 😂😂😂
Like I said this is biblical, the SEC is jumping on CNBC making threats as we speak, but **** them.
Watch the Chamath Palihapitiya interview on CNBC.
Palihapitiya manipulated the market by announcing he was buying GME on Twitter(he has 1 million followers). The next day he sells all his shares. How much did he make? Just like Ackman announces on CNBC last April the world needs to shut down and then throws in millions of dollars into the market at the low points he helped to create and proceeds to make almost a half billion dollars. I agree with Chamaths sentiment but he isn’t a friend of the common man.