Patrick Profile picture
29 Jan, 35 tweets, 13 min read
Broke: Robinhood forcing some investors to sell their $GME and $AMC stocks is a conspiracy with hedge funds against the “peasants”

Woke: Hedge Funds that were forced to buy shares to cover the losses on their shorts will lose money again on the drop from sells.
Also, here is one of the “peasants”
“Peasants”

Famed GameStop bull 'Roaring Kitty' is a Massachusetts financial advisor, who is also suspected of being behind the account “DeepFu**ingValue” reuters.com/article/us-ret…
In a post on the subreddit on Wednesday under his username 'DeepF***ingValue', his account also included $13,840,298 cash, making a total of $47,973,298.84, with a staggering return of 4,420.98%
dailymail.co.uk/news/article-9…
Russian Sympathizing Stock Manipulation Blog, Zero Hedge, naturally supports r/wallstreetbets. ZeroHedge generates and pushes conspiracy theories and disinformation to manipulate stocks prices by influencing public opinion about companies. It is popular with libertarians.
Pharma Bro Martin Shkreli was once a moderator for r/wallstreetbets, though he deleted his Reddit account after his social-media accounts were hacked. He was often heralded as a hero, at least until he was sentenced to 7 years for securities fraud marketwatch.com/story/the-mill…
The Alt-Right’s ‘weaponized autism’

“The language used on posts in the community can be crude and boorish — they describe themselves as "autists" and proudly exclaim how little they know about the market.” insider.com/wallstreetbets…
The WallstreetBets discord server was temporarily shut down due to the anti-Semitic and racist comments being insufficiently moderated. theverge.com/2021/1/28/2225…
“Coincidence”

Billionaire investor Chamath Palihapitiya says GameStop's rally is no different from how Wall Street missed out on Tesla's surge
businessinsider.com/chamath-paliha…
Short Squeeze Cost Tesla Shorts $40 Billion in 2020 fool.com/investing/2021…
The Elon Pump:

The “unpredicted” $Tesla rally caused the stock to go up to 3 times the value of the top 2 us automakers combined, despite the fact that they together generated 10 times more sales than Tesla.
forbes.com/sites/danrunke…
Some say GameStop isn’t Tesla. But it sure looks exactly like Tesla.
“He turned $5,000 into nearly half a million with the help of Tesla options”

“a trader going by the name of osbetel in Reddit's stock-flipping "WallStreetBets" community, where outsized risk reigns and passive investing is left to the boomers.” morningstar.com/news/marketwat…
A Reddit Dealer claims to have raked in a $4.3 million Profit by Gambling on Tesla’s skyrocketing stock

“A Reddit member termed WSBgod claims to have created millions of dollars in unrealized profits from choices linked to Tesla stock.”
morningstar.com/news/marketwat…
2020 Data suggests strong correlation between r/wallstreetbets $tesla comment activity and its stock price chartstar.com/blog/stock-men…
Dogecoin surges 102% as WallStreetBets subreddit steps in “Tesla CEO Elon Musk often posts tweets on the topic of Dogecoin, stating that it is his favourite coin.” coinlist.me/news/dogecoin-…
“Shkreli continues to be one of the site’s favorite topics, along with Tesla founder Elon Musk, known as “Papa Elon.” The pair are regularly mocked (or celebrated, the line isn’t always clear) with memes and other jokes.” money.com/wall-street-be…
"The guys buying it at $300 think some greater fool will buy at $400, and so far the greater fools keep showing up," he said. "It's a pyramid scheme." cnbc.com/2021/01/27/gam…
Pyramid Scheme
Bitcoin soars 14% after Elon Musk namecheck on Twitter reut.rs/3cl96nH
Shopify and game maker CD Projekt are the latest beneficiaries of Elon Musk's tweets bloomberg.com/news/articles/…
In 2018, Elon Musk settled his SEC fraud charges after he again used his Twitter account to pump $tesla stock prices, tweeting he could take Tesla private at $420 a share, with “420” a clear troll and reference to his cannabis ‘controversy’
sec.gov/news/press-rel…
Elon Musk: “I have no respect for the SEC”
In 2019, Musk continued to tweet misleading information about $tesla, causing a rise in stock price again, putting him in contempt of his settlement space.com/elon-musk-tesl…
Musk’s 2018 and 2019 stock pumping schemes were in response to hedge funds like Vilas Capital Management and market analysts shorting Tesla stock, believing it was already overvalued marketwatch.com/story/tesla-is…
Vilas Capital Management was party to a shareholder lawsuit against Elon Musk for that tweet activity, which cost them millions on their short bets reuters.com/article/legal-…
Vilas Capital Management had been stating its short position on $tesla since at least 2014, as it watched quarterly losses and production delays cnbc.com/2014/11/05/tes…
Musk was successful in beating Greenlight Capital and their short positions in 2018 teslarati.com/greenlight-cap…
In a video released Friday morning, Citron Research—the short seller that helped spark the GameStop short squeeze—announced it would no longer publish investment reports on shorts, and instead focus on long positions. vice.com/en/article/bvx…
Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts finance.yahoo.com/news/elon-musk…
A market bubble “describes a situation where market participants drive stock prices far beyond reasonable company valuations, usually grounded in herd mentality. But when the bubble pops, it can bring down entire companies and wipe out investors' savings.” businessinsider.com/stock-market-b…
#DogeCoin pumpers trying to add people to the pyramid scheme with retweets.

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