I’m curious if the @stoolpresidente still thinks it’s criminal to try to stop the average uneducated investor from ruining themselves by buying a stock that is obviously squeezing and is over valued by 50x or probably 100x.
Just because you’ve made a bunch of money promoting your sports gambling app doesn’t mean you know fuck all about stock markets and the history of squeezes, or pump and dumps
Sure perhaps the wsb crowd wasn’t putting out false information and saying GameStop was worth more than $10/Share. But, many on that forum where lying through their teeth.
Even my 17 year old son was bombarded with messages on his various social media apps. They targeted 18-25 year old newbies with the HODL (hold on for dear life).
Fact is anyone that actually looks at valuation knows that GameStop shouldn’t be $10/sh let alone $400
If I was your broker and you called me to buy it at a stupid level I would tell you to take your business elsewhere. But I get it @stoolpresidente is into promoting gambling. He foolish thinks that some how a group of fools should be allowed to go all in and then declare victory
But the fact is that a responsible brokerage needs to help protect its clients or it won’t have clients soon.
Allowing a mob of 18-25 years buy a stock with margin or buy it and hope they will put up the cash before settlement when its trading at such an insane level is suicide for you business
I’d like to see @stoolpresidente let his clients bet with margin. Or place big bets with out the cash to back up the bets.
If your gonna use your voice and promote something perhaps consider encouraging capital to go where it’s actually needed like #uranium and #nuclearpower to help stop climate change and make money at the same time
When gme is back at $20 in a month. All those lawsuits are gonna look pretty silly. Lol
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