![Water [956x960 - 78KB]](https://pic8.co/sh/Xinyt1.jpg){kind=link}
Or it's exactly these people who pushed them.
250,000 people on WSB.
Lots of $500-$1000 share purchases.
All people trying to call bs on this forget:
It's not the 250,000 people that matter. Thats like seeing the cowboys and not the herd.
You'd be like "why all the stampeding and dust cloud on the horizon? All I see are cowboys coming over that hill."
The 250,000 moved at once, which ended up moving the majority of robinhood users, which last I checked is 13 MILLION people.
And from there, that move spread to TD ameritrade and the rest of the fractional shares market.
And now you know why it looks like "theres no way a subreddit could move that kind of money! This smells like a trap designed by the whales on wallstreet to profit from the collapse while wallstreet blames mainstreet."
It's not. This is mainstreet learning how to play the game.
And the whales realize time is up so now the flow is gonna reverse hard, as they all see the writing on the wall and try to make a buck before the value of that buck drops to zero.
I'm not saying it was a whale or there's no way retail can move it, I'm saying it would be stupid to think they don't have a team of lackies sitting around thinking about how they can use this to their advantage in some way. Disseminating certain ideas or moves or whatever. I have heard for a long time that they have scanners on subreddits like this, monitoring chatter etc.
I'm not saying it was a whale or there's no way retail can move it
If thats not what you were trying to say I'd be surprised.
In any case them trying to play this doesn't matter and thats just what I'm getting at. Because at the point they stop trying to kill the threat to the whole table (ending the WSB crowd pump), it only means one thing: They see the writing on the wall for the whole hedge system. You don't buy into financial contagion to make a buck unless you know the jenga tower is getting ready to fall anyway--no more than you would jump from the 40th story of a building, unless it was a choice between jumping or burning to death in the world trade center.
In fact I'd say from that perspective you're actually making the argument for me.
Insiders and the rich have been selling at record pace throughout the end of 2020 and 2021. So this certainly is not a circumstance where they're just moseying about and suddenly got hit by surprise. It's more like they want a catalyst that would justify either crashing or collapsing the market.
My point is they know exactly what is going on with forums like WSB and 4chan, they have people they pay to operate on these venues. They can quite easily manipulate perception or encourage the masses to behave in certain ways.
Suddenly they have justification not only to end the boom and start the bust, but also smear independent investors as hazardous and dangerous to everyone's well-being. This will result in further subjugation/control and give them an excuse to lock us out of wealth generating opportunities.
I would LIKE to believe this is just the masses sticking it to the man but it feels like an incredibly nieve narrative. A little bit too picture perfect, when we're talking about people who built their entire careers on fooling and subjugating the masses.
They literally have people who are paid to sit around and think about these scenarios, create contingency plans, keep themselves safe. But we're supposed to believe they never considered the possibility of being short squeezed when shorting 130% of the stock? Eh.... That's pretty much putting a neon sign outside of your building with giant arrows pointing to the door. It's traders jobs to look for these opportunities. I review short/long ratios and put/call ratios every single day.
(post is archived)