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Making the big leagues... Biden team 'monitoring' situation in GameStop $GME - Bloomberg


odhu_le_macha

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7 minutes ago, DummyVariable said:

Only closing trades allowed on many brokers right now for GME.

🙄 very bad I say Kani retail investors manchi kasi meedha vunaru hedge funds meedha edi oka stock tho ipoye laaa kanipinchadam laaaa. 

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11 minutes ago, DummyVariable said:

Only closing trades allowed on many brokers right now for GME.

Lol Robinhood has done force closing of gme on few accounts that’s illegal wtf 

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Treasury Sec Janet Yellen Received $810K In Speaking Fees From Hedge Fund Embroiled In GameStop Saga

Treasury Sec. Janet Yellen received more than $800,000 in speaking fees from a hedge fund that has become embroiled in the saga over stock trades for video game retailer GameStop, according to her financial disclosures.

Citadel, a hedge fund founded by Ken Griffin, a major GOP donor, paid Yellen $810,000 to speak at several events from October 2019 to October 2020, according to Yellen’s filings with the Office of Government Ethics.

The Chicago-based hedge fund paid Yellen $292,500 for a speech on Oct. 17, 2019, $180,000 for one on Dec. 3, 2019, and $337,500 to speak at a series of webinars held from Oct. 9-27, 2020.

Citadel is invested heavily in Melvin Capital, a hedge fund that was reportedly on the brink of bankruptcy this week due to a surge in GameStop share prices.

https://dailycaller.com/2021/01/28/janet-yellen-gamestop-citadel/

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GameStop Mania Goes Global as Retail Traders Gang Up on Shorts  🤭

 => Heavily shorted stocks in Australia, Japan are rallying
=> Some chat rooms frequented by retail investors in China were abuzz with opportunities to pump up stock prices
=> Day traders in India have been piling into shares of the video-game retailer, which accounted for about 15% of volume on one popular platform allowing locals to bet on U.S. equities

https://www.bloomberg.com/news/articles/2021-01-28/gamestop-mania-prompts-surge-in-australia-s-most-shorted-stocks?sref=fIQiLkPb

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19 minutes ago, andhra_jp said:

france royals domination = french revolution    

wall street hedge fund corruption = retail investors revolution

nah.. retail investors are just a very small part of this rally. 

it'll always be one hedge fund vs another.

don't think that hedge funds are out of options the moment one of their calls/puts are exposed. The stock market is a dynamic game, and its most likely that the retailers who will get burned in this too.

The hedge fund managers will always come up another story to raise capital for their next fund, if the current one goes bust.

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