Some of you may have kept up with this. I remember the posts when GME was at $15ish bucks and I thought they were a bunch of madmen to buy a meme stock. Yet, I eventually FOMO-ed my way in.
Why has RobinHood disabled buys?
Context as always, is important, and I follow a couple good telegram channels that have kept me in the loop on this which is much more than a simple market pump but rather a political movement against the elites at Wall Street:
From Vince James:
Because billionaires pushed for lockdowns due to a virus which has an IFR that is on par with the flu for most age groups, this caused a great wealth transfer from the middle class to the elite.
The WallStreetBets movement now aims to take at least some of that wealth back, and the fact that many are doing it on a platform called 'Robinhood' is the icing on the cake.
I added to the Ali's ratio on at w this meme:
It's Smooth Brain Time
Here are a few additional noteworthy tweets:
Also, here is a YouTube live stream of Michelle Malkin and Nick Fuentes discussing these events:
At this point, this movement has become more than about making money. WTP are trying to send a message. With our rulers working to clamp down on $GME and $AMC, it seems that message has indeed been received.