This is a trading forum. GME was a fundamental trade. You are defining fundamental trading as manipulation. Why the fuck are you on a trading forum? The GME trade is what every trader dreams of and is attempting to find. Your libtard overload defined the trade as manipulation and just like a good little sheeple you have fallen inline and are now calling a trade manipulation. Short squeeze trades have been around forever.
@Frederick Foresight @newwurldmn @Bugenhagen So, I guess that all of you would have the opinion that the following trade should have not been allowed to occur and that regulator should have done something to prevent Soros from making the trade. Soros' pound trade is most likely the most damaging trade in the history of the world. That trade did the most damage to consumers and a broader economy of a country than any other trade eva. There is not even a trade that comes even close. It is the most damaging trade by a multiple in comparison to any other trade. All of you would have to agree that Soros is the most prolific manipulator the world has ever seen and that Soros has done more damage to an economy and to the everyday consumer than any other person in history. Soros is literally the poster boy of market manipulators. https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp How Did George Soros Break the Bank of England? September 16, 1992, known as Black Wednesday, was the day speculators forced the British government to pull the pound from the European Exchange Rate Mechanism (ERM). https://en.wikipedia.org/wiki/Black_Wednesday Black Wednesday occurred on 16 September 1992 when the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM), after a failed attempt to keep the pound above the lower currency exchange limit mandated by the ERM. At that time, the United Kingdom held the Presidency of the European Communities.
Short squeeze at a market low after a crash = best thing since sliced bread Short squeeze in a bull market = manipulation that needs to be regulated out of existence
https://www.zerohedge.com/markets/former-sac-trader-shares-short-squeeze-story Former SAC Trader Shares A Short Squeeze Story When I first got to SAC Capital in 1999, I sat back-to-back with another cyclicals trader. A tall and muscular man, he was one of the room’s best traders and most charismatic personalities. After a few weeks, however, I began to notice a disturbing pattern in his behavior. About 2pm on most days he would start cursing at some imaginary personal in a low voice, just loud enough for me to hear. This wasn’t garden variety stuff either. It was language more appropriate to, well, the sort of private club that has a dungeon in the basement. It took me a few weeks – I was new, after all – to ask him, “hey… what’s with the rough talk every day after lunch?” His answer: “Oh, I get bored a lot of afternoons, so I’ll pick a few names I know other hedge funds are short and buy a few blocks of 10 or 20 (thousand shares) just to see if they’ll panic and cover… Sometimes it works, sometimes it doesn’t…”
Reread my post. I’m referring to why regulatory action might be justified. I never said a short squeeze was a problem. Soros trade is not similar at all. He was cracking an artificial price. GME traders created an artificial price.