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qqn | 5 years ago

The thought crossed my mind too, but if so then why?

discuss

order

ashtonkem|5 years ago

Risk of SEC involvement. This admin is probably nowhere near as lenient on this kind of stuff as the last was, and the recent nonsense with GameStop is probably bad enough to attract negative regulatory attention.

toomuchtodo|5 years ago

That’s the joke. The SEC pursues the mostly harmless while letting the sharks go free. Did they do anything about naked short selling of Overstock stock? Nope, and now that it’s happened again and retail took advantage of a bad trade, the rules suddenly change “to protect the little guy.”

It’s disingenuous at a minimum, and crony capitalism when taken to the maximum.

Are they doing anything about Nancy Pelosi (her husband Paul to be specific) buying Tesla calls before bills were brought forth with generous EV charging network subsidies? “Nothing to see here.” (Nothing against Pelosi and not intended as whataboutism, picked because it was top of mind from some research today and the disparity of enforcement)

Edit: Pump and dump schemes absolutely should not be supported. Piling into a short squeeze is not a pump and dump scheme.

Edit 2: https://i.imgur.com/SZJ9XEa_d.webp?maxwidth=640&shape=thumb&...

nradov|5 years ago

What exactly is the SEC going to do? Subpoena Reddit and Discord for the IP address of "stocktrader420" who posted about buying 10 shares of $GME?

bingerman|5 years ago

I thought occupy wall street was backed more by those who identify as democrats or at least leaning that way. And I see this short squeeze just as a more concrete way to f*ck with the big money. Granted, big money rules them all.

BoorishBears|5 years ago

[deleted]

sensanaty|5 years ago

So, by your own admission there was nothing offensive in terms of pornography, homophobia or racism, yet you still found a way to get offended?

Truly amazing the ability of some people to get worked up over bog-standard shitposting.

acct776|5 years ago

What sort of asshole joins a community as a tourist, and then reports THEM?!

That's for people disrupting a community's conversation...you can just leave.

lizardking|5 years ago

Did you consider maybe just letting people enjoy things that aren’t for you instead?

llampx|5 years ago

So no porn, racism or homophobia. What offended you?

f430|5 years ago

well the r/wsb subreddit has gone private too.

    We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.
This seems like a DDOS attack on r/wsb well knowing that the moderators cannot keep up with moderation?

Or is this simply a case of getting too popular for Reddit? The fact that discord was banned around the same time as r/wsb going private is suspect.

edit: After hours market shows GME is has TANKED!!!! Closed at 345 and dipped to 248. Holy, there will be class action lawsuits for sure now.

edit: I've been on the phone for 2 hours waiting for my broker to answer. All of this seems weird. They SUDDENLY have volatility and decide today is the day to stop answering my calls???

edit: /u/DeepFuckingValue's posts have all been wiped!!!!! WTF!

Seanambers|5 years ago

I would assume ; Deny your enemy everything you can. - ie communication. And yes I am insinuating that this is wall street money pulling strings.

rvz|5 years ago

1 hour later after your post, the sub-reddit is back (again), which is unsurprising since this isn't the first time.

They're not fuckin leaving that easily and the show goes on.

> edit: After hours market shows GME is has TANKED!!!! Closed at 345 and dipped to 248. Holy, there will be class action lawsuits for sure now.

Good. Great time to buy more til the big short squeeze.

Can't stop, won't stop, next stop? GameStop.

hartator|5 years ago

Is it r/wsb or r/wallstreebet? The former is private but the later is still public.

weston|5 years ago

r/wallstreetbets

Edit: that seems to be private now too?