I fucking love this guy @chamath
The only time CNBC and the Suits care about protection is when it’s the establishment getting their teeth kicked in. As long as the big banks are winning the stock market is great. The second retail takes the wheel it’s all unfair
When Hedge Funders and others loot our markets its all good. But when retail investors destroy a hedge fund then all of a sudden CNBC analysts start calling for regulation, blame foreign powers, and talk "fundamentals"
I call BULLSHIT: https://t.co/DzoUsyy1T6 https://t.co/SxSksAu6oT
CNBC's David Faber said he is hearing a number of hedge funds are in similar trouble that Melvin Capital saw in its GameStop $GME and may need to be bailed out.
Billionaire CEO Chamath Palihapitiya debates against CNBC's Scott Wapner on people investing in Gamestop stocks
"Stop doing the kind of market manipulation we've normalized and enriched ourselves doing!" said every CNBC pundit and hedge funder today
"What we're seeing is essentially a pushback against the establishment in a really important way." @Chamath discusses how he traded GameStop, and encourages those dismissive of the phenomenon to visit r/WallStreetBets and read what users are saying. https://t.co/yI7kptqiqe
how is guy on reddit saying, "dude, you should buy $GME, it's shorted 140%" any different than @jimcramer
slapping a sound effect and screaming about buying a stock on @CNBC
? The answer is, "it's not."
watching cnbc and nodding vigorously while a hedge fund guy explains that they didn't leverage puerto rico's debt to privatize its public utilities and absolutely cripple its local government so that you could all treat the stock market like it's some kind of joke.
*NASDAQ PRESIDENT ADENA FRIEDMAN SAYS WE MONITOR SOCIAL MEDIA CHATTER AND WILL HALT STOCK IF WE MATCH CHATTER WITH UNUSUAL ACTIVITY IN STOCKS - CNBC
continuation of the Wall Street vs Stock market debate between Chamath & CNBC
Watching CNBC right now reminds me of the controversy that erupted after Fox aired "Breaking the Magician's Code: Magic's Biggest Secrets Finally Revealed"
I already saw one pundit on CNBC blaming the Game Stop situation on Russia 😂
BREAKING: SEC releases statement on "ongoing market volatility," saying it is working with "our fellow regulators to assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants" https://t.co/yt6IViqKAu
CNBC: Dow sheds 700 points in biggest drop in 3 months, S&P 500 turns negative for 2021
EARNINGS: Tesla Q4 EPS $0.80 Adj. vs. $1.01 Est.; Q4 Revs. $10.74B vs. $10.40B Est. • $TSLA
So when Reddit and 4 chan sends swat teams to people's houses and endangers their lives because something video games, nothing happens
But when Reddit manipulates a stock price in essentially the same way that CNBC does every day
Then by golly, we need some LAWS
what was once a reputable source of information has turned to a fake news media outlet that is willing to push the agenda of hedge fund managers that employes scare tactics and shady spread of misinformation. I'll say this sagging short positions are still over 100%. HOLD!
Billionaires collectively gain over a trillion dollars, CNBC sleeps. Retail investors squeeze a few billion from exploitative hedge funds and now CNBC wants Robin Hood traders regulated out of existence. $GME
"We're seeing retail investors become a larger and more significant force in the markets," says @RobinhoodApp
CEO @VladTenev. "We think categorically that's a good thing. The U.S. stock market has been one of the biggest engines of wealth creation in history."
Weird that congress is having a bigger response to this than all of the insider trading in government last year.
: This retail phenomenon is here to stay. The Social Capital CEO closed his GameStop position earlier this morning. Listen to his take on traditional hedge fund investing models. https://t.co/Tlk0ZxNGNC
Earlier today @chamath
went on CNBC and defended all of us. He's the only person on our side, we owe him for that. Since then...
Hedge funds are going after him!
Everyone RT this!
@GeoffRBennett @JanuaryHandl @frankthorp
In October of 2017, Mitch McConnell said on CNBC that "the President and I have the same agenda". So, it should come as *no surprise* to him that @SenSchumer
feels the same way and will support @POTUS
as the country moves forward. Mitch just needs to get out of the way.
CNBC: ابل تصمم طرازها الخاص من السيارات.
#مايكون #القصيرات_ولا_الطويلات #النفوذ_المالي_هلالي https://t.co/xothEYb9Ge