How it started… how it went… how it’s going… pic.twitter.com/6Rx3wxnba8
— Jake (@EconomPic) January 28, 2021
Whatever logic the SEC is using to shutdown the $GME circus could just as easily be applied to $TSLA#CarefulWhatYouWishFor
— Will Slaughter (@MilwaukeeBonds) January 28, 2021
I got to say I LOVE LOVE what is going on with #wallstreetbets. All of those years of High Frequency Traders front running retail traders,now speed and density of information and retail trading is giving the little guy an edge. Even my 11 yr old traded w them and made $
— Mark Cuban (@mcuban) January 28, 2021
Robinhood is officially a case study in the fragility of brand.
It took them 7 years to build up confidence in their platform.
It took them 1 day to switch from "by the people" to "against the people."
— Alex Lieberman ☕️ (@businessbarista) January 28, 2021
$AMC was struggling due to COVID lockdowns. Hedge funds shorted the stock to force bankruptcy.
Small investors saw an opportunity & bought $AMC driving it’s price up. $AMC raised $900 million, saved the business & 1000s of jobs.
But they’re the bad guys for saving the company?
— Chris Buskirk (@thechrisbuskirk) January 28, 2021
Robinhood has pretended all along to work for the people when it was really a proxy for the multinational hedge fund and financial services company Citadel (ZeroHedge)
— Disclose.tv 🚨 (@disclosetv) January 28, 2021
Retail Brokerages Suffer Another ‘Coordinated’ Outage As Short-Squeeze Surge Spreads
JUST IN – Class action complaint filed in the southern district of New York against @RobinhoodApp (via Fox @LJMoynihan) pic.twitter.com/tepqdGucmC
— Disclose.tv 🚨 (@disclosetv) January 28, 2021
WallstreetBets and the Reddit folks didn't commit a crime with their $GME squeeze, they did something far worse: they showed how easily finance reporters default to defending the hedge funds they're supposed to be holding accountable.
— Max Burns (@themaxburns) January 28, 2021
187% intra-day rally in GameStop as its fundamentals improved. Halted again. $GME pic.twitter.com/M3bS7gMr4b
— Charlie Bilello (@charliebilello) January 28, 2021