Wall Street Is Panicking - The Little Guys Beat Goliath

[tall73]

Absolutely, they should. Lets figure out how we can encourage more retail investing and protect both sides while, enforcing the law.

My argument is that this is not what many people think it is. The movements in Gamestop required hundreds of millions of dollars, a bunch of activists on Reddit don't have that kind of capital.

I don't understand why people find it so hard to understand that this is funded by professional traders.

A. the sub-reddit Wallstreet bets had some 4.5 million members, and went up to 6 million in one day.

Reddit group WallStreetBets hits 6 million users overnight after a wild week of trading antics

B. Social media pushed the storyline of hitting the hedge funds, and others then got on board, knowing they would likely lose their investment but wanting to hold.

C. I am sure some professionals got involved as well.

 

[VladTheEmailer]

A. the sub-reddit Wallstreet bets had some 4.5 million members, and went up to 6 million in one day.

Reddit group WallStreetBets hits 6 million users overnight after a wild week of trading antics

B. Social media pushed the storyline of hitting the hedge funds, and others then got on board, knowing they would likely lose their investment but wanting to hold.

C. I am sure some professionals got involved as well.

We now know that this was started by Day Traders on Redditt. The SEC will look into it and see if this was a Coordinated effort and if the broke the law. The Volume tells us clearly that there was some very big players in this.

 

[tall73]

Hedge funds and other short sellers have lost an astounding amount betting against GameStop

By Friday, short-sellers had lost $19.75 billion on GameStop so far this month alone, according to S3 Partners, a New York–based firm that tracks short positions on U.S. stocks.

Still, an analysis of short stock positions by S3 Partners shows that short-sellers aren't done betting against GameStop—and many are just getting started.

"As soon as some shorts are covering there are a line of new short-sellers looking to locate and short GME at these high stock price levels," says Ihor Dusaniwsky, S3's managing director of predictive analytics, citing his conversations with brokers.

The borrowing fee to short GameStop stock is now nearly 30%—with the fee rising to 50% for those making new short bets on GameStop.

 

[tall73]

The Volume tells us clearly that there was some very big players in this.

Some of the people involved are content creators, and they blasted it to many others who then jumped on board.

The article I cited notes that many other large players are still planning to short. Some may have joined in the surge upward as well. But I think it was largely fueled by grass roots, on Reddit, but also beyond Reddit.

I saw multiple content creators on Youtube with over a million subscribers talking about it, and even participating in it.

 

[Michael]

From what you are saying, I see that this has moved into the world of Conspiracy Theories. If you want to keep pushing this narrative, that is fine, I'll keep making money off of this nonsense and feel no remorse.

For anyone else, don't lose your life savings in this mess. I am an options trader with a conscience.

It's not a conspiracy theory when the SEC and congress are already looking into it. The evidence is already in the public domain too, so again, it's not going to go away anytime soon.

I'm not even personally advocating getting involved with Gamestop anymore, nor did i advocate such a thing in the first place. I'm simply a neutral observer, looking at the facts, and drawing my own conclusions based on public information, including the interview with the CEO of Robinhood where he specifically stated that their decision was *not* related to a capital squeeze inside of Robinhood that caused them to make their decision to stop all purchase of those few companies, so that really only leaves two possible options. Either they were acting in the interest of the public, or acting in the interests in the hedge funds. Those are the only two logical possibilities.

For a stock broker to be acting in someone's best interest, they are *morally and ethically required* to discuss the potential problem with the individual and ask them what they would like to do.

People gain and lose money in various stocks, every single day of the trading year. Even overnight treading is possible.

So why did so many different brokers all act to remove the possibility of buying very specific stocks on one specific point in time, only because those specific stocks happened to be risky on that particular day?

The only 'logical' conclusion a neutral, financially disinterested party can draw is that the various brokerages were *far* more interested in serving their hedge funds masters, than they were concerned about the risk to individual investors.

This can further and most explicitly be demonstrated by any instance where a stock was simply sold, which had been paid for by the individual and didn't have any effect on anything related to potential further liability to the broker. I'm already seeing claims that this occurred.

This whole thing is blowing up so fast that it could in fact be the most effective peaceful demonstration of Wall street's corrupt insider trading system in my lifetime, in fact I would argue that is already has been by *far*.

I tip my hat to the folks at Reddit. They put more fear into Wall street in term of exposing them for what they really are, than any previous peaceful demonstrations I've seen against Wall Street in my 61+ years. Furthermore, they financially punished them in the process. That was simply *brilliant*. Enough little Davids financially outsmarted and punished the massive Goliaths of Wall street and Wall street totally panicked and exposed their corruption for all the world to see. Well done Reddit, well done! Dr. Martin Luther King would be *proud* of you too.

The SEC *better* step in now and *require* the hedge funds and stock brokers who forbid the purchase of Gamestop and other relevant companies that were blocked that day to save and turn over all emails and corresponds between the relevant parties. If the SEC and the rest of the Government of the United States don't require that much, they too will be complicit in the crime IMO. These are all publicly traded companies and there is *ample* evidence of collusion between the Goliaths already, and more information will continue to come out.

 

[tall73]

A lot of information in this piece:

Bloomberg

It also shows that a number of retail folks were on both sides of the equation, and speculates a number of reasons that may be.

 

[Michael]

The SEC already indicated they would look into both the activities of the retail buyers, and the regulated entities.

What are blue sheets? What to know about the data SEC will seek from Robinhood

“The Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities,” the agency said in a statement. “In addition, we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws."


And apparently Robinhood is looking towards the congressional hearings:

Robinhood is looking for a new federal affairs manager ahead of possible Congressional hearings

Keep in mind that it's not only the Sheriff of Nottingham posing as Robinhood that they need to investigate, it's every brokerage that forbid trading in those specific stocks on that specific day. Congressional investigations tend to be "show trials' that are made for public consumption. Something like this will *require a special prosecutor* given all the financial resources at his/her disposal to figure out if any crimes were committed. I strongly suggest that Congress *immediately* leans on the justice department to appoint a special prosecutor. I suggest that Elizabeth Warren be appointed as special persecutor.

 

[FireDragon76]

GameStop jumps more than 100% even as hedge funds cover short bets, scrutiny of rally intensifies

Apparently Wall Street is freaking out because some folks over at Reddit figured out how the large hedge funds have been manipulating stocks by *heavily* short selling specific stocks, and then talking down the company, and making money off their short sell bets as people start selling the stock.

Some folks at Reddit figured out that someone was massively shortselling Gamestock shares, so a bunch of folks on Reddit banded together and *bought* that stock to drive *up* the price. All hell then broke loose because the big insiders got caught and got financially punished for engaging in "meme" trading. The amateurs beat the Wall Street insiders and Melvin Capitol at their own game. Love it.

The hedge funds are vultures anyways. Amazing to see all the bleeding hearts out there who think this is unfair.

 

[tall73]

Keep in mind that it's not only the Sheriff of Nottingham posing as Robinhood that they need to investigate, it's every brokerage that forbid trading in those specific stocks on that specific day. Congressional investigations tend to be "show trials' that are made for public consumption. Something like this will *require a special prosecutor* given all the financial resources at his/her disposal to figure out if any crimes were committed. I strongly suggest that Congress *immediately* leans on the justice department to appoint a special prosecutor. I suggest that Elizabeth Warren be appointed as special persecutor.

Based on Warren's statements so far you might not like that. She seems more concerned about the retailers than the regulated entities.

 

[Michael]

Based on Warren's statements so far you might not like that. She seems more concerned about the retailers than the regulated entities.

Quite the contrary. Thus far, I've only seen the process from the outside looking in, with a pretty limited understanding of all the rules, regulations, ect, and I have no emails and corresponding communications between the various companies and entities.

On the other hand Elizabeth Warren understands this banking and trading process, and she's far more knowledgeable than I am on that topic.. I'm very confident that if she and her team is provided with the appropriate emails and text messages, etc to review, she can fully assess the situation far better than I could personally ever hope to do myself.

I'd trust her judgment with such time and resources and lot more than myself with three or four weeks of time trying to look at the issue based on internet snippets. If she and the new "Warren commission" report that there was no collusion and nothing particularly nefarious, I'd be done with the issue in a heartbeat and never think twice about it.

Short of that, I'm unlikely to ever trust Wall street again.

I'm keenly aware of my own personal limitations in terms of drawing any firm opinions one way or another. I am however quite certain that something this unusual in Wall street requires a full investigation before it becomes repeated and it becomes a serious and repetitive problem. Whatever the problem might be, it needs to be fully understood so it can be prevented from occurring in the future, and I suspect it's time to change some of the rules and regulations and procedures required to ensure that it doesn't happen again. Whatever the problem is, it's not going to go away on it's own.

I think we *need* a full investigation and changes to prevent it from becoming an even bigger problem. If they can't exchange dollars in real time, maybe they should consider a new US crytocurrency akin to Bitcoin, or Bitcoin for that matter. It seems from reading that article you suggested that the outdated T-2 method of equity transfer is a part of the problem.

Thanks for that article by the way. I found it to be quite insightful.

 

[Michael]

By the way, I think it would be far "better" to have a 'Warren Commission" rather than appointing her as special prosecutor. I'm not convinced there's any strong evidence of criminal activity.

She and her staff should have full access to all relevant communications between the various parties. Whatever such a commission came up with, I'd be inclined to believe they'd be able to fix the problem, whatever it might be, and if there is anything nefarious going on, they can just pass that information over to the justice department. I think the commission's job should be to fix the problem.

 

[Erik Nelson]

How America's Elite Keep Getting Away With It | The Charlie Kirk Show

GameStop Controversy Is About So Much More Than Stocks

In Light Of Robinhood Controversy, WH Press Sec Defends Treasury Secretary Taking Money From Citadel

Stock Market CHAOS: Robinhood REFUSES to let People Buy these Hot Stocks

 

[tall73]

Quite the contrary. Thus far, I've only seen the process from the outside looking in, with a pretty limited understanding of all the rules, regulations, ect, and I have no emails and corresponding communications between the various companies and entities.

On the other hand Elizabeth Warren understands this banking and trading process, and she's far more knowledgeable than I am on that topic.. I'm very confident that if she and her team is provided with the appropriate emails and text messages, etc to review, she can fully assess the situation far better than I could personally ever hope to do myself.

I'd trust her judgment with such time and resources and lot more than myself with three or four weeks of time trying to look at the issue based on internet snippets. If she and the new "Warren commission" report that there was no collusion and nothing particularly nefarious, I'd be done with the issue in a heartbeat and never think twice about it.

You seem quite on board with team Warren. In any case, here is her take so far:

https://www.warren.senate.gov/imo/media/doc/01.29.2021 Letter from Senator Warren to Acting Chair Lee.pdf

Dear Acting Chair Lee:

I am writing regarding the recent surge in share prices for the video game retailer GameStop, whose stocks are “up 1,700 percent this month, including Wednesday’s climb of 135 percent”–driven by what one expert called a “flash mob with money.” These wild swings in value of GameStop and other companies that are subject to similar bets by traders are “detached from the factors that traditionally help establish a company’s value to investors.” I am deeply concerned that these casino-like swings in the value of GameStop and other company shares are yet another example of the gamesmanship that interferes with the “fair, orderly, and efficient” function of the market, raising obvious questions about public confidence in the market and those trading in it. I am writing to seek information on how the SEC intends to address these concerns and prevent these and future incidents of potential market manipulation.

Hedge funds, such as Melvin Capital Management, have bet that GameStop’s shares would fall in the hopes of reaping substantial profits. In recent weeks, however, share prices for GameStop began to rise, with a dramatic surge in recent days fueled not by any changes in the company’s economic fundamentals but by anonymous traders on the Reddit forum r/WallStreetBets. News reports state that these traders moved quickly to buy options contracts in an apparent attempt to target large investors. This “epic contest between Wall Street traders who bet against stocks and legions of small-scale investors” has fueled a level of speculation “not seen since the tail-end of the dot-com boom two decades ago.” These shifts also raise questions about broader instabilities in the market and financial system, as “no one knows how this ends” and “the intense activity could eventually prompt a wider sell-off in the market by forcing hedge funds on the losing side of these trades to sell parts of their portfolios to raise cash to cover their losses.”

In addition to GameStop, several other publicly traded companies, including AMC; BlackBerry; Bed, Bath, and Beyond; Nokia; and Tootsie Roll Industries, have seen huge shifts in their share price driven by similar internet trading schemes. These wild fluctuations are just the latest indication that many private equity firms, hedge funds, and other investors, big and small, are treating the stock market like a casino, giving little consideration to the companies, communities, workers, and consumers that may be affected by these risky bets. The recent chaos reveals a clear distortion in securities markets, with benefits accruing to investors that do not clearly benefit the company’s workers, consumers, or the broader economy.

Although “Federal securities law prohibits market participants from misrepresenting a company’s prospects to artificially affect its share price,” there is a troubling lack of clarity regarding who the major market participants are in this case and the degree to which their activities may be coordinated. With many of these traders “cloaked in anonymity, there is no way of knowing whether messages touting GameStop come from average Joes–or scam artists executing a ‘pump-and-dump’ stock scheme.”

The manipulation of share prices may exacerbate inequality and the impacts of the ongoing pandemic-related economic collapse. While investors work to outmaneuver each other in search of short-term profits, working families continue to suffer, underscoring the growing disconnect between the stock market and the real economy. For example, millions of workers have lost their jobs or left the workforce altogether amid the pandemic and economic collapse, but “America’s 614 billionaires grew their net worth by a collective $931 billion ”in the roughly seven months following the beginning of the pandemic. The rapid growth of economic inequality is, in large part, due to the disproportionate impacts of surges in the stock market, which has rebounded dramatically since the onset of the public health emergency. The stock market is not reflective of real economic conditions felt by communities across the country, and traders treating securities markets as casinos exploit these growing disparities and the companies and workers that underlie their gambles.

The SEC has a mandate to “protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation,” and “promote a market environment that is worthy of the public’s trust.” The Commission must review recent market activity affecting GameStop and other companies, and act to ensure that markets reflect real value, rather than the highly leveraged bets of wealthy traders or those who seek to inflict financial damage on those traders. To protect and restore public trust in sound securities regulation and enforcement, the Commission must identify gaps in existing securities laws and rules and ways in which the Commission can improve its enforcement capabilities.

While “U.S. law bars the dissemination of false or misleading information with the aim of manipulating investors into buying or selling securities,” SEC’s standards and enforcement of market manipulation, remain woefully unclear. The public deserves clear answers about how federal regulators define market manipulation, how investors may have profited from potential manipulation, and what the SEC will do to mitigate these practices. This means that the Commission must work quickly to issue rules outlining what it means for traders to manipulate securities prices in violation of the law and to offer guidance for market participants.

While recent market volatility shows rapidly fluctuating prices for GameStop not tied to “any fundamental changes in the company’s finances or prospects,” these speculative practices are not new. In fact, “for almost a year now, investors have been bidding up shares in companies like Tesla, Shopify, and Snap to prices that bear little relation to the actual earnings prospects of the underlying companies” and the “frenzy also stirs memories of the 1990s dot-com boom, when a surge in day trading contributed to the inflation of an epic market bubble.” It is long beyond time for the SEC to act.

In order to better understand how the Commission plans to address the dramatic price fluctuations of certain shares in recent days and to ensure the integrity of our capital markets, I ask that you respond to the following questions by Friday, February 5, 2021.

1.What were the causes of the recent dramatic shifts in GameStop share prices? Did these shifts represent a “fair, orderly, and efficient” market function?

a.Did the sharp rise in GameStop’s share reflect changes in the company’s fundamental value? If not, what drove these changes of GameStop share prices?

i.To what extent did large investors, such as hedge funds like Melvin Capital Management, and their short positions impact the fluctuation of GameStop’s share prices? Did any of these practices violate existing securities laws?

ii.To what extent did online message boards, such those on Reddit, or broader social media amplification impact the fluctuation of GameStop’s prices? Did any of these practices violate existing securities laws?

2.Do the wild swings in value of GameStop and other companies affected by similar trading schemes present any systemic concerns for financial systems or the stock market?

3.What steps will the SEC take to ensure that securities markets better reflect prices that are in line with the intrinsic and fundamental value of underlying companies?

a.Please describe the impacts of disorderly, inefficient, and unfair prices in securities markets on communities, consumers, workers, and investors.

4.What steps will the SEC take to update and implement rules defining market manipulation? Please provide a detailed timeline.

a.Please describe any gaps in the SEC’s current regulatory regime in addressing market manipulation.

b.Please describe any gaps in the SEC’s current enforcement practices or capabilities to address market manipulation.

Thank you for your consideration of this important matter, and I look forward to your response


I think the elements she referenced need to be addressed.

This lacks any questions regarding actions taken by the various regulated entities handling the trades. This was posted on Twitter at 10:13 AM, with the letter itself likely sent before that. The limiting of buying started prior to 10:13, but this letter with its detailed nature must have been composed before those actions were widely publicized.

She has not posted any follow-up on her Twitter regarding those developments, which other politicians have. We will see in the coming days if she addresses the aspect of actions taken by the companies handling the trades.

 

[tall73]

 

[tall73]

 

[tall73]

 

[GDL]

Has anyone looked into "naked shorting"?

 

[Michael]

You seem quite on board with team Warren. In any case, here is her take so far:

https://www.warren.senate.gov/imo/media/doc/01.29.2021 Letter from Senator Warren to Acting Chair Lee.pdf

Dear Acting Chair Lee:

I am writing regarding the recent surge in share prices for the video game retailer GameStop, whose stocks are “up 1,700 percent this month, including Wednesday’s climb of 135 percent”–driven by what one expert called a “flash mob with money.” These wild swings in value of GameStop and other companies that are subject to similar bets by traders are “detached from the factors that traditionally help establish a company’s value to investors.” I am deeply concerned that these casino-like swings in the value of GameStop and other company shares are yet another example of the gamesmanship that interferes with the “fair, orderly, and efficient” function of the market, raising obvious questions about public confidence in the market and those trading in it. I am writing to seek information on how the SEC intends to address these concerns and prevent these and future incidents of potential market manipulation.

Hedge funds, such as Melvin Capital Management, have bet that GameStop’s shares would fall in the hopes of reaping substantial profits. In recent weeks, however, share prices for GameStop began to rise, with a dramatic surge in recent days fueled not by any changes in the company’s economic fundamentals but by anonymous traders on the Reddit forum r/WallStreetBets. News reports state that these traders moved quickly to buy options contracts in an apparent attempt to target large investors. This “epic contest between Wall Street traders who bet against stocks and legions of small-scale investors” has fueled a level of speculation “not seen since the tail-end of the dot-com boom two decades ago.” These shifts also raise questions about broader instabilities in the market and financial system, as “no one knows how this ends” and “the intense activity could eventually prompt a wider sell-off in the market by forcing hedge funds on the losing side of these trades to sell parts of their portfolios to raise cash to cover their losses.”

In addition to GameStop, several other publicly traded companies, including AMC; BlackBerry; Bed, Bath, and Beyond; Nokia; and Tootsie Roll Industries, have seen huge shifts in their share price driven by similar internet trading schemes. These wild fluctuations are just the latest indication that many private equity firms, hedge funds, and other investors, big and small, are treating the stock market like a casino, giving little consideration to the companies, communities, workers, and consumers that may be affected by these risky bets. The recent chaos reveals a clear distortion in securities markets, with benefits accruing to investors that do not clearly benefit the company’s workers, consumers, or the broader economy.

Although “Federal securities law prohibits market participants from misrepresenting a company’s prospects to artificially affect its share price,” there is a troubling lack of clarity regarding who the major market participants are in this case and the degree to which their activities may be coordinated. With many of these traders “cloaked in anonymity, there is no way of knowing whether messages touting GameStop come from average Joes–or scam artists executing a ‘pump-and-dump’ stock scheme.”

The manipulation of share prices may exacerbate inequality and the impacts of the ongoing pandemic-related economic collapse. While investors work to outmaneuver each other in search of short-term profits, working families continue to suffer, underscoring the growing disconnect between the stock market and the real economy. For example, millions of workers have lost their jobs or left the workforce altogether amid the pandemic and economic collapse, but “America’s 614 billionaires grew their net worth by a collective $931 billion ”in the roughly seven months following the beginning of the pandemic. The rapid growth of economic inequality is, in large part, due to the disproportionate impacts of surges in the stock market, which has rebounded dramatically since the onset of the public health emergency. The stock market is not reflective of real economic conditions felt by communities across the country, and traders treating securities markets as casinos exploit these growing disparities and the companies and workers that underlie their gambles.

The SEC has a mandate to “protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation,” and “promote a market environment that is worthy of the public’s trust.” The Commission must review recent market activity affecting GameStop and other companies, and act to ensure that markets reflect real value, rather than the highly leveraged bets of wealthy traders or those who seek to inflict financial damage on those traders. To protect and restore public trust in sound securities regulation and enforcement, the Commission must identify gaps in existing securities laws and rules and ways in which the Commission can improve its enforcement capabilities.

While “U.S. law bars the dissemination of false or misleading information with the aim of manipulating investors into buying or selling securities,” SEC’s standards and enforcement of market manipulation, remain woefully unclear. The public deserves clear answers about how federal regulators define market manipulation, how investors may have profited from potential manipulation, and what the SEC will do to mitigate these practices. This means that the Commission must work quickly to issue rules outlining what it means for traders to manipulate securities prices in violation of the law and to offer guidance for market participants.

While recent market volatility shows rapidly fluctuating prices for GameStop not tied to “any fundamental changes in the company’s finances or prospects,” these speculative practices are not new. In fact, “for almost a year now, investors have been bidding up shares in companies like Tesla, Shopify, and Snap to prices that bear little relation to the actual earnings prospects of the underlying companies” and the “frenzy also stirs memories of the 1990s dot-com boom, when a surge in day trading contributed to the inflation of an epic market bubble.” It is long beyond time for the SEC to act.

In order to better understand how the Commission plans to address the dramatic price fluctuations of certain shares in recent days and to ensure the integrity of our capital markets, I ask that you respond to the following questions by Friday, February 5, 2021.

1.What were the causes of the recent dramatic shifts in GameStop share prices? Did these shifts represent a “fair, orderly, and efficient” market function?

a.Did the sharp rise in GameStop’s share reflect changes in the company’s fundamental value? If not, what drove these changes of GameStop share prices?

i.To what extent did large investors, such as hedge funds like Melvin Capital Management, and their short positions impact the fluctuation of GameStop’s share prices? Did any of these practices violate existing securities laws?

ii.To what extent did online message boards, such those on Reddit, or broader social media amplification impact the fluctuation of GameStop’s prices? Did any of these practices violate existing securities laws?

2.Do the wild swings in value of GameStop and other companies affected by similar trading schemes present any systemic concerns for financial systems or the stock market?

3.What steps will the SEC take to ensure that securities markets better reflect prices that are in line with the intrinsic and fundamental value of underlying companies?

a.Please describe the impacts of disorderly, inefficient, and unfair prices in securities markets on communities, consumers, workers, and investors.

4.What steps will the SEC take to update and implement rules defining market manipulation? Please provide a detailed timeline.

a.Please describe any gaps in the SEC’s current regulatory regime in addressing market manipulation.

b.Please describe any gaps in the SEC’s current enforcement practices or capabilities to address market manipulation.

Thank you for your consideration of this important matter, and I look forward to your response


I think the elements she referenced need to be addressed.

This lacks any questions regarding actions taken by the various regulated entities handling the trades. This was posted on Twitter at 10:13 AM, with the letter itself likely sent before that. The limiting of buying started prior to 10:13, but this letter with its detailed nature must have been composed before those actions were widely publicized.

She has not posted any follow-up on her Twitter regarding those developments, which other politicians have. We will see in the coming days if she addresses the aspect of actions taken by the companies handling the trades.

Well, I see no overtones of any sort of conspiracy theory, no jumping to any conclusions, and she seems to be asking all the right questions in terms of how to ensure it doesn't happen again. I say give her all the emails and text messages, some resources and time, and let her sort it out. I'd sure trust her opinions more than I'd trust Ted Cruz or AOC.

 

[tall73]

I say give her all the emails and text messages, some resources and time, and let her sort it out. I'd sure trust her opinions more than I'd trust Ted Cruz or AOC.

She is part of a committee. It wouldn't be just her. And as for AOC, she may be involved regardless. She is on the Financial services committee in the house.

Committee Membership | Financial Services Committee

Maxine Waters, California, Chairwoman
Carolyn B. Maloney, New York
Patrick McHenry, North Carolina, Ranking Member
Nydia M. Velázquez, New York
Frank D. Lucas, Oklahoma
Brad Sherman, California
Bill Posey, Florida
Gregory W. Meeks, New York
Blaine Luetkemeyer, Missouri
David Scott, Georgia
Bill Huizenga, Michigan
Al Green, Texas
Steve Stivers, Ohio
Emanuel Cleaver, Missouri
Ann Wagner, Missouri
Ed Perlmutter, Colorado
Andy Barr, Kentucky
Jim A. Himes, Connecticut
Roger Williams, Texas
Bill Foster, Illinois
French Hill, Arkansas
Joyce Beatty, Ohio
Tom Emmer, Minnesota
Juan Vargas, California
Lee M. Zeldin, New York
Josh Gottheimer, New Jersey
Barry Loudermilk, Georgia
Vicente Gonzalez, Texas
Alexander X. Mooney, West Virginia
Al Lawson, Florida
Warren Davidson, Ohio
Michael San Nicolas, Guam
Ted Budd, North Carolina
Cindy Axne, Iowa
David Kustoff, Tennessee
Sean Casten, Illinois
Trey Hollingsworth, Indiana
Ayanna Pressley, Massachusetts
Anthony Gonzalez, Ohio
Ritchie Torres, New York
John Rose, Tennessee
Stephen F. Lynch, Massachusetts
Bryan Steil, Wisconsin
Alma Adams, North Carolina
Lance Gooden, Texas
Rashida Tlaib, Michigan
William Timmons, South Carolina
Madeleine Dean, Pennsylvania
Van Taylor, Texas
Alexandria Ocasio-Cortez, New York
Jesús “Chuy” García, Illinois
Sylvia Garcia, Texas
Nikema Williams, Georgia
Jake Auchincloss, Massachusetts

 

[Michael]

How America's Elite Keep Getting Away With It | The Charlie Kirk Show

GameStop Controversy Is About So Much More Than Stocks

In Light Of Robinhood Controversy, WH Press Sec Defends Treasury Secretary Taking Money From Citadel

Stock Market CHAOS: Robinhood REFUSES to let People Buy these Hot Stocks

I've been through the first hour of Charlie Kirk's video, and I think it was *wonderful*. The second link is equally fantastic and looks at the problem from entirely the right perspective as it relates to explaining the behaviors of Reddit and it accurately describes what Reddit's non violent peaceful protest is all about. Loved that insight as well.

I haven't yet been through the next two links yet, but I will go through them as I get time today. Thank you for those perspectives. I look forward to watching the rest.