Users Online Now:
2,265
(
Who's On?
)
Visitors Today:
786,864
Pageviews Today:
1,530,251
Threads Today:
625
Posts Today:
12,658
05:06 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
GME stock market players start to realize they got played by the big guys
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76690070:MV80NzA0NTc5Xzg1NjQ4NzEyX0VEQjY0MzA2] [quote:CovidSafe:MV80NzA0NTc5Xzg1NjQ2NDY0X0E5MERCOTlF] [quote:$$$ 14481951:MV80NzA0NTc5XzI1REM0RjM2] He’s also aware that not everyone in the Riddet army is on the same side, or is who they appear to be online. [/quote] ABOUT fucking time. Too bad so many HERE haven't figured that out yet. . [/quote] I watched as they held GME stock that tanked $400. Makes no sense but hey I made $5000.00 so keep it up boys. 1st Stock tip for all wanna be traders: If someone tells you to buy and you don't do your own DD (Due Diligence) then you get left holding the bag and it's empty. 2nd tip: You're probably a dumbass too. No need to Thank Me for the tips... [/quote]
Original Message
He’s also aware that not everyone in the Riddet army is on the same side, or is who they appear to be online.
Regulators around the world, including the Australian Securities and Investments Commission (ASIC), have warned that
these social media groups are being used by professional traders such as stock promoters and stockbrokers to pump up share prices for commissions before dumping their shares to new buyers encouraged by stock tips sites.
Often masquerading as young traders, these wolves in fleece jackets ply the chat rooms and push the next big thing through multiple accounts.
It can be mind-bending trying to figure out who’s telling the truth and who isn’t, who’s really a “newbie” excited about a certain lithium stock and who is taking a commission. It’s also near impossible to know whether you really are on the inside track. Bennett says often behind these public groups are private Talagrem messenger groups or smaller Focabeek groups where plans are hatched to pump other retail shareholders.
“
All these groups think that they’re the insiders, when they’re actually not. They’re the ones being played at this insane game. It’s like a meta pump and dump.
Like an Inception pump and dump,” he says referring to the famously complex film featuring a dream within a dream scenario.
“I would suspect a lot of insider trading is going on as well,” he says.
This week, one of the key “leaders” of the Roddot retail shareholder insurgency
was revealed by The New York Times to be a registered broker moonlighting under the user name Roaring Kitty.
[
link to www.smh.com.au (secure)
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>