Why the GameStop's Stock incident could reunite the USA
When I first heard of it I thought the market was just going nuts again for some reason most of us wouldn't understand since most of us actually have a real job not just shifting money back & forth. Then I looked deeper in into it and when I found out what was going on I had a real good laugh and was pretty happy : Wallstreet had their asses kicked and got beaten by the average Jane & Joe, who had been screwed over for decades, fair & square and legally within the law.....keep the last part in mind for later.
So this is how it went down in a nutshell as I understand it : MelvinCapital wanted to short-sell and make money fast but several people online via Reddit got wind of it and came up with a plan to ruin it. They used the RobbinHood app to classicly buy GameStop's stock in masses and the stock price went through the roof, but MelvinCapital speculated the price would go down - BOOM ! That's where they got beaten : all theese individuals from all across the political spectrum formed a giant, counter-attacking the big hedge fund with as much capital. MelvinCapital had to get a billion dollar loan from two other hedge funds to stay alive - you help your friends of course. Then the banksters and managers were crying about market manipulation and RobinHood, who was supposed to be a service for the little guy (the small investor), got in bed with Wallstreet by blocking any GameStop's stock being traded via their app and the market went on hiatus. The rules that were in place for years, all of a sudden were suspended in front of our very eyes. The Fake News had to learn about what was going on in order to spin the truth and call it manipulation and the SEC has to step in and take a look at it - they just re-told the banksters version ( "One BIG happy Family" ). Instead of pointing out the fact the rules were changed while the game was still on and that theese actions were unlawful the MSM called out the people who beat Wallstreet in Round 1 with a big heymaker : K.O.
The FakeNews tried to paint it as a right-wing, Trump-inspired attack on the wealthy but who really did buy the stocks ? Most gamers are left / center-left politically as far I know but if 50% were conservatives ( I assume so ) it clearly shows one thing : America's public enemy Nr. 1 is Wallstreet and their MSM lackies. This incident had people take a shot at Wallstreet no matter what their ideology was. Wallstreet always knew, and always feared - and they created what they feared most. They got beaten by normal people WITHIN the law not even stretching it and WS didn't like it - and know trading stock is supposed to became a more priveledged tool, ensured by the Communists in DC (check Liz Warren's reaction).
Well then : let the games begin.....
When I first heard of it I thought the market was just going nuts again for some reason most of us wouldn't understand since most of us actually have a real job not just shifting money back & forth. Then I looked deeper in into it and when I found out what was going on I had a real good laugh and was pretty happy : Wallstreet had their asses kicked and got beaten by the average Jane & Joe, who had been screwed over for decades, fair & square and legally within the law.....keep the last part in mind for later.
So this is how it went down in a nutshell as I understand it : MelvinCapital wanted to short-sell and make money fast but several people online via Reddit got wind of it and came up with a plan to ruin it. They used the RobbinHood app to classicly buy GameStop's stock in masses and the stock price went through the roof, but MelvinCapital speculated the price would go down - BOOM ! That's where they got beaten : all theese individuals from all across the political spectrum formed a giant, counter-attacking the big hedge fund with as much capital. MelvinCapital had to get a billion dollar loan from two other hedge funds to stay alive - you help your friends of course. Then the banksters and managers were crying about market manipulation and RobinHood, who was supposed to be a service for the little guy (the small investor), got in bed with Wallstreet by blocking any GameStop's stock being traded via their app and the market went on hiatus. The rules that were in place for years, all of a sudden were suspended in front of our very eyes. The Fake News had to learn about what was going on in order to spin the truth and call it manipulation and the SEC has to step in and take a look at it - they just re-told the banksters version ( "One BIG happy Family" ). Instead of pointing out the fact the rules were changed while the game was still on and that theese actions were unlawful the MSM called out the people who beat Wallstreet in Round 1 with a big heymaker : K.O.
The FakeNews tried to paint it as a right-wing, Trump-inspired attack on the wealthy but who really did buy the stocks ? Most gamers are left / center-left politically as far I know but if 50% were conservatives ( I assume so ) it clearly shows one thing : America's public enemy Nr. 1 is Wallstreet and their MSM lackies. This incident had people take a shot at Wallstreet no matter what their ideology was. Wallstreet always knew, and always feared - and they created what they feared most. They got beaten by normal people WITHIN the law not even stretching it and WS didn't like it - and know trading stock is supposed to became a more priveledged tool, ensured by the Communists in DC (check Liz Warren's reaction).
Well then : let the games begin.....
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