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‘It’s the definition of insanity,’ Wedbush analyst says. ‘The shorts keep doing the same thing over and over and expecting a different result’

The media is not talking about it too much right now, but it appears we may be starting the greatest Short Squeeze in history. There are only about 70 million shares where about 20 million are insiders. Reports say that on Friday Institutions reported owning about 125 million shares. That does not include retail and does not include insiders. https://www.youtube.com/watch?v=mY_sk907MYg

Investors selling GameStop short - betting the stock price would decline - posted $664 million in mark-to-market losses as shares of the gaming retailer rocketed 104% into the close, according to financial analytics firm S3 Partners. The stock's 84% intraday gain fueled another $1.19 billion in losses, bringing the two-day total to more than $1.85 billion.

GameStop shares surge 100% despite trading halts as Warren Buffett's right-hand man Charlie Munger calls day traders 'gamblers with a racetrack mindset' and warns they will go bust GameStop shares jumped 100% on Wednesday despite two NYSE trading halts It followed the ouster of the struggling retailer's CFO Jim Bell on Tuesday But even fans of the stock on Reddit expressed confusion about the surge Meanwhile Warren Buffett's right-hand man Charlie Munger scolded day traders GameStop shares surged again on Wednesday, as investors piled back into the 'meme stock' in a frenzy that triggered two trading halts late in the...

The GameStop hearing on Capitol Hill was a chance for elective leaders to challenge Wall Street hedge funds on the ethics of taking large short positions on struggling stocks.However, viewers of the highly anticipated hearing were left with plenty of questions and few answers. In fact, the only clear answer from Thursday’s hearing was the majority of politicians on Capitol Hill seem to favor the elites on Wall Street over working class Americans. ...While committee members seemed to completely dismiss the idea that Melvin Capital and other hedge funds conducted an illegal naked short on GameStop, one person who did...

Last Friday (Jan, 22) we advised readers who thought they had missed the move in GameStop (they hadn't), to position appropriately in the most shorted Russell 3000 names which included such tickers as FIZZ, DDS, BBBY, AMCX, GOGO and a handful of other names, as it was likely that the short-squeeze was only just starting. We were right and all of the stocks listed above - and others - exploded higher the coming Monday, and all other days of the week, with results - encapsulated by the WallStreetTips vs Wall Street feud - that has become the top conversation piece...

Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms.On Wednesday, TD Ameritrade said it was restricting trading for GameStop GME, 119.89% and AMC Entertainment Holdings AMC, 226.01%, as well as other names, amid a triple-digit percentage surge in the price of those companies in recent days.

...Citron was one of the Wall Street firms with a significant “short” position in GameStop, meaning his investment would have benefitted by a collapse of GameStop’s stock price, but Citron closed out its short position this week among the frenzy of buying and selling that has had the price move in wild gyrations between $100 and $500 a share. Earlier in the week, Left made a comment in the media that GameStop’s share price would eventually crash back down to $20 share — but it seems like he couldn’t afford to wait for that to happen and has taken a...

It's has begun. Today Webull is throwing ETC under the bus, trying to justify why you can SELL a stock and not buy it. The source link contains an explanation of what a Clearing Firm does. ETC is the near-monopoly player in the industry.

Google Deleted Negative Robinhood Reviews & Paul A. Gosar -- R from Arizona -- Demands an Investigation Into Wall Street colluding with Big Tech The full list of stocks Robinhood blocked today is circulating the Internet. Wallstreetbets vows to send these stocks to the moon. Robinhood and other brokers will allow users to trade these stocks on a limited basis. American Airlines $AAL AMC $AMC Blackberry $BB Bed Bath & Beyond $BBbY Castor Maritime $CTRM Express $EXPR Gamestop $GME Koss $KOSS Naked $NAKD Nokia $NOK Sundial $SNDL Tootsie Roll $TR Trivago $TRVG See Full List...

“ Interactive Brokers chairman Thomas Peterffy told CNBC Wednesday that the U.S. financial system faced greater stress during the GameStop trading frenzy than is generally recognized.”

"He went down a path he shouldn't have, and we shouldn't have listened to him. And we can't let that ever happen again." The words of President Trump's UN Ambassador Nikki Haley interviewed by "Politico". Haley commenting on President Trump's campaign against election fraud following last year's presidential election... The impeachment trial today and President Trump's defense lawyers making their case that the Democrat-led impeachment of Trump is based on hatred of him and purely political... In Washington DC federal prosecutors piling on the charges against Klete Keller, Olympic gold medalist swimmer, who was inside the US Capitol on the...

As the WallStreetBets saga that has so captivated both Wall Street and social media has come to its roller-coaster conclusion, brokerage platforms such as Robinhood and TD Ameritrade now have the legacy of restricting trading of high-volatility stocks. But while brokers are attempting to address the problem on their own platforms, it’s possible that pro-regulation advocates could see the fracas as a mere opportunity to advance the burdensome regulatory agenda they've wanted to advance for years.For the uninitiated, the current situation arose from a popular Reddit forum urging its users to target GameStop (GME), a stock heavily shorted by hedge...

GameStop's stock price shot through the roof in late January thanks to traders on Reddit. Now at least two government agencies are reportedly investigating why it happened as well as what roles Reddit and trading app Robinhood played in the stock market craziness.

Reddit’s army of retail traders might not have been only force behind the unprecedented GameStop rally that turned Wall Street upside down, new data show. GameStop was “notably absent” from the list of 10 stocks that retail investors bought the most in January despite the video-game retailer being at the forefront of a supposed market revolution, according to JP Morgan analysts. “Although retail buying was portrayed as the main driver of the extreme price rally experienced by some stocks, the actual picture may be much more nuanced,” Peng Cheng, the megabank’s head of machine learning strategies, wrote in a research...

Once upon a time, stock trading served as a way for businesses to raise capital and for traders to make investments. If companies flourished, stocks rose and investors made money; if not, stocks fell and investors lost money. This was the way the stock market was intended to function. Over time, however, more and more rules and regulations were added, each to address something that at the time was thought necessary to prevent cheating and manipulation. Just like the proverbial “Road to Hell,” Wall Street became paved with regulatory good intentions. Instead of eradicating cheating, manipulation, and fraud every new...

Outspoken social media personality Dave Portnoy tweeted Tuesday that he has sold his shares in companies GameStop and AMC at a major loss, blaming trading app Robinhood for killing the so-called “Reddit Rally” that he joined and helped promote in recent weeks. “I have officially sold all my meme stocks. I lost 700k ish,” Portnoy tweeted before taking a personal shot at the CEO of Robinhood. “Vlad and company stole it from me and should be in jail.” Portnoy’s selling comes as the manic trading blitz that sent cheap stocks to outrageous new heights — fueled by retail traders using...

The online brokerage Robinhood has taken out a full-page ad in the New York Times saying that it is 'humbled' after recent controversy over its limits on buying certain stocks during the 'meme stock' frenzy fueled by an army of small investors on Reddit. The ad on Tuesday follows massive backlash against the popular trading app, which at one point last week restricted the purchase of 50 different stocks as it struggled to meet capital requirements. Shares of GameStop, the struggling video game retailer that was the focus of a buying campaign on the Reddit forum WallStreetBets, slid another 40...

The EU's police agency on Monday warned travellers to watch for organised crime gangs selling fake Covid-negative certificates at airports, sometimes for as much as 300 euros each. The warning from Europol comes after police busted several suspects selling forged certificates declaring people Covid-19 negative at airports in Britain and France, online and through mobile messaging chat groups in Spain and the Netherlands. Many EU countries and others now require proof that passengers are not infected by the disease, which has killed more than 2.2 million people around the world. "As long as travel restrictions remain in place due to...

2 HOUR BROADCAST! Matt Bracken and Fernando Aguirre talk about GameStop, Silver, 2A, secession, politics and more ...