For updated global info & data on COVID-19, please click HERE.For updated global data & graphs on COVID-19, please click HERE.For COVID-19 cases and death counts in USA by state, please click HERE.For COVID-19 cases in Florida via Florida COVID Action, please click HERE.For COVID-19 cases in Florida, via Florida state government, please click HERE.Recall our post yesterday on GameStop Short Squeeze Generating Robin Hood ? Well, onward and forward with the saga of the struggle between hedge fund pros and new investors or Reddit users, presented by Louis Rossman, in the video “Brokers MANUPULATING to save hedge fund billionaires & punish retail traders @ wallstreetbets“, below:
Recall that there were some volatility halts for GameStop trading yesterday. Today, some of the brokerage firms (particularly Robin Hood) simply committed unheard-of-asymmetrical halt (ban buying and only allow selling) to artificially force the drop of GameStop stock value. In essence, this is a way to squeeze the small investors to hand over their dollars to the big hedge fund managers. This is definitely the reversal of what the historical Robin Hood represents! If I am right, an investigation is sure to follow. There needs to be more transparent and clearly defined standardized rules for halting. Furthermore, under no circumstance should asymmetrical halt be permitted. That is B.S.! Allowing asymmetrical halt is equivalent to allowing a fixed game. If asymmetrical halt is legally permitted now, then there should be law instituted not to permit asymmetrical halt.
Something definitely smells rotten in Denmark, in this case, in the stock market.
More of this saga, in the video “Wallstreetbets & the al-right-the slander train is leaving the station“, below:
And it continues, in the video “WALLSTREETBETS “HACKERS” DEFACING THE MARKET!“, below:
In summary, in the video “Why mainstream media’s slander of wallstreetbets pisses me off regarding GME“, below:
Louis Rossman felt strongly about this and further commented, in the video “THIS REQUIRES PRISON TIME FOR TOP OFFENDERS“, below:
I, on the other hand, believe there needs to be fundamental restructure or transparency and standardization of rules of trading in order to prevent such naked corruptions of brokerage firms from occurring.Yes, many people are pissed, with good reason! SEC (Security Exchange Commission) should be addressing the attention toward those short sellers, not the normal little people who have caught wind of what the greed committed by hedge fund managers/billionaires. Finally, it is definitely NOT HACKING!!!An investigation is sure to follow and justice is needed! Transparency and standardization of rules of trading is needed. Asymmetrical halt (only allowing buying or only allowing selling) should be disallowed if not already done so.We need more politicians or lawmakers who are tech savvy!
Gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker More about the community at www.WindermereSun.comAny comments, suggestions, concerns regarding this post will be welcomed at info.WindermereSun@gmail.com
I am a mother/wife/daughter, math professor, solar advocate, world traveler, yogi, artist, photographer, sharer of knowledge/information, and resident of Windermere, FL. I've worked professionally in applied math, engineering, medical research, and as a university math professor in IL and FL for about 20 years. My husband and I loved Disney and moved down to Central Florida initially as snowbirds. But we've come to love the warmth and friendly people offered by this community and decided to move down to Windermere, FL full time in 2006. I am now spending time sharing information/ knowledge online, promoting understanding of math and solar energy (via http://www.sunisthefuture.net ), and developing Windermere Sun (http://www.WindermereSun.com) as an online publication, sharing and promoting Community ABC's (Activities-Businesses-Collaborations) for healthier/happier/more sustainable living. In the following posts, I'll be sharing with you some of the reasons why Windermere has attracted us to become full-time residents of Central Florida region. Please feel free to leave your comments via email at "Contact Us" in the topbar above or via info.WindermereSun@gmail.com.
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Windermere Sun-Susan Sun Nunamaker
Founder/Owner/Editor/Producer of Windermere Sun
1890Dear Friends & Neighbors, (Please click on red links & note magenta) For updated global info & data on COVID-19, please click HERE. For updated global data & graphs on COVID-19, please click HERE....