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
They will teach the little guys a lesson they won’t forget. Market manipulation is for billionaires not thousandaires.
You mean they want a piece of the action!
Small investors aren’t big money campaign (protection racket) donors.
I saw this one coming. Need to protect the elites who drive companies bankrupt through stock manipulation for fun and profit.
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?
Brad nailed it. Market manipulation is reserved for a select few.
“Justice” department? We have not “justice” department. We have criminals using the levers of power in our nation to steal and oppress.
I’d like to know who’s running this shitshow in DC because it sure as hell ain’t Biden.
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
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.
It should be legal to kick hedge fund managers in the nuts when you see them.
@Wild Bill, I think ovomit and jarret are running things. It’s not a coincidence we are seeing all the old faces.
This is disgusting.
I will go back and re-read the joke posts.