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Sympthsical

(9,067 posts)
12. And where was the will to act in '08 and beyond?
Thu Jan 28, 2021, 07:32 PM
Jan 2021

Hedge funds have been playing these sorts of games for a long time. Suddenly average people are getting in on it, and it's all, "Wait! Something must be done!"

Nah. There's no both sides here. The robber barons got swindled by their own grift. And now the government needs to act to save them from it happening again. Who cared what happened to everyone else before that.

Game Stop employs 50,000 people. The man responsible for chewy.com bought in at 13% and is now on the board. People want to see if it can survive in the digital age. He could be the one to do it.

The hedges wanted to drive it into the earth, the human cost be damned. Profit to be made.

Now others are making profit and keeping the company alive. Can't have that. Not at the cost of the billionaires.

Honestly, please. Sometimes regular folks ought to win one. If the government clamps down now, on this, they lose a lot of credibility. It will reinforce the notion the game is absolutely rigged against us.

Sheldon Whitehouse says there will be an investigation Thekaspervote Jan 2021 #1
Of whom? Sympthsical Jan 2021 #4
Sherrod Brown Turin_C3PO Jan 2021 #19
Good, I'm with him and AOC. elleng Jan 2021 #6
K n R Glamrock Jan 2021 #2
They're gonna get bailed out, can't let those poor billionaire hedgefunds go broke ansible Jan 2021 #3
The money that everyone is playing around with MyNameGoesHere Jan 2021 #5
Two wrongs don't make a right frazzled Jan 2021 #7
Why shouldn't regular people be able to play the game? BlueTsunami2018 Jan 2021 #10
And where was the will to act in '08 and beyond? Sympthsical Jan 2021 #12
but the thing that drove the stock up was the short sellers fishwax Jan 2021 #16
Why shouldn't regular people play that game. They are only doing what the Hedgers do. Demsrule86 Jan 2021 #17
Maybe the time has come to create a market DeminPennswoods Jan 2021 #8
Absolutely agreed FakeNoose Jan 2021 #11
Investopedia has a great simulation The Mouth Jan 2021 #20
I hope there is an investigation and there should be a stop to short trading, it is the real problem Bev54 Jan 2021 #9
One reform needed is curbs, or elimination of, Disaffected Jan 2021 #13
My question is, where were the regulators? Sympthsical Jan 2021 #14
The regulators seem to have been missing Disaffected Jan 2021 #15
Billionaires weren't losing money. Once they did, we bailed them out Sympthsical Jan 2021 #18
Short sellers suck The Mouth Jan 2021 #21
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