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Out of context: Reply #260

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  • monospaced4

    So now the Biden administration, along with Congress and the major regulatory groups, are going to look into this whole kerfuffle and figure out how to address it. I sure as hell hope they take a good hard look at how hedge funds have been manipulating things behind the scenes for a long time, and put serious pressure on them to be more transparent, while regulating their hold on the market in general. Their actions triggered the Redditors to do this, and so they must be held accountable. The amateur investors who pulled this off were still free market traders, despite the manipulation and swings they caused.

    • Yeah it seems this is the route things will go. I think throwing a wrench in things is great.ideaist
    • hedge funds are the devils' work, but the entire stock market institution needs to burn to the ground and be rebuiltGnash
    • I can't help but think we witnessed the first shots fired in something bigger. Much bigger.Continuity
    • Exactly continuity. This is never gonna stop.monospaced
    • hopefully, it doesn't stopGnash
    • This is more or less the market equivalent of the Sans-culottes wheeling out the guillotines in the main square. Lots of hedgies ought to lose their heads.Continuity
    • vive la revolution!_niko
    • https://twitter.com/…grafician
    • + class action lawsuit against hoodies https://www.courtlis…sted
    • Yup, fucking crooks CitadelNBQ00
    • so it seems all the trading apps use as brokers Citadel & friends, with the hedge funds behind, the apps stopped trading, while the hedge funds kept shorting!grafician
    • Good luck waiting for Biden to take any worthwhile action against the same people who bankroll his and other politician's campaigns.face_melter
    • they'll buy the regulators... as they are used to. why do you think it's gonna be different this time?uan
    • I didn’t present an opinion on what I think would happen. Just what I think should happen. Big differencemonospaced

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