Biden’s DOJ Trying To Build A Case Against Small Investors Who Disrupted Wall Street’s Racks – IOTW Report

Biden’s DOJ Trying To Build A Case Against Small Investors Who Disrupted Wall Street’s Racks

Daily Caller

The Department of Justice has opened a probe into the stock market frenzy that led to the meteoric rise of “meme stocks” such as GameStop, according to The Wall Street Journal.

Federal investigators are reportedly looking into whether market manipulation played a role in the increased volatility and meme stock surge, The Wall Street Journal reported. As part of the investigation, the Department of Justice (DOJ) subpoenaed information from stock market brokers including Robinhood, the popular investment platform that many investors used to buy GameStop, AMC Entertainment and others. More

13 Comments on Biden’s DOJ Trying To Build A Case Against Small Investors Who Disrupted Wall Street’s Racks

  1. Watch them make it so you need to go thru a broker to buy stock, just like in the old days.

    I always tell my broker to eat shit when he wants me to buy something because his commissions are insane. I tell him to find me all commissions free trades. He doesn’t like me so much, but calls me “smart.” lol. Why would I pay him a couple hundred bucks to buy something and then a percentage of my gains when I sell when I can buy and sell the same stocks on e*trade almost for free, if not entirely free?

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  2. They didn’t kick 10% to the big man. I play stocks all the time and when the hedge boys want to hit their short they pinch the shit out of a stock trading it back and forth to scare normal people but that ok so they can cover their short and fuck all the little guys, So fuck em

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  3. I have done pretty well in the market the past year, was out for a long time but after the March crash I knew there were a lot of gains to be made. Zero-cost trades helps a lot, just a few cents in tax on the sale side. I wouldn’t recommend my methods – I jump in and out, buy dips and sell rises, sometimes same day – but I have made well over 100%. I even bought a little GME today – willing to risk losing a little for a potential pop driven by amped little guy investors.

    If you want to make relatively safe investments with good returns I recommend the ARK funds – ARKK, ARKF, ARKG, ARKQ – my dad has been very happy with them.

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