It isn’t just us saying it. It is investors, lawyers and former masters of Wall Street corruption like “The Wolf of Wall Street” Jeremy Belfort.
We have been digging into this scandal and waited to report because we wanted to make every effort to get it right.
Famed Attorney Robert Barnes weighs in:
Ask yourself. How is it that certain hedge funds can seemingly predict which companies are about to have their stock price fall? How do they know which companies will have a stock price that tumbles at just the right time to benefit the billionaire hedge funds while they are “short selling?”…and do it over and over and over again?
This kind of prediction is not as simple of having insider knowledge such as Nancy Pelosi’s husband buying electric car options just before President Biden announces that the entire DC fleet of federally owned cars will be replaced with electric vehicles. What hedge fund companies are pulling off, if you ask them, is a near magical business and financial acumen to help them make these predictions and profit off of other companies and other investors misery.
Acumen? Or is the game rigged? According to journalists, lawyers, investors and others who have come forward the rigging seems to work as we attempt to explain below.
Super billionaire hedge fund talks up a stock weeks or months in advance. The hedge funds will take stocks out on loan while the price is high. They start rumors and/or leak to finance journalists who are pining for “access” and pretty much willing to report anything that sounds interesting or that they are told to report. Smaller investors buy the stocks and increase the price…..and when the time is right multiple hedge funds will take out “short bets” against the stocks of targeted companies. Talking heads will go on CNBC or some other outlet and say “This company is in trouble” or “this stock is going to zero” or “A Tsunami is coming!!!!”
About that Tsunami….
If necessary the hedge funds will kick off a selling panic by selling the stocks they have in “Company X” back and forth to each other…them sit back and watch as the smaller investors sell and sell driving down the price and when said stock price seems near rock bottom they will rebuy the stocks. They burrowed the stock, sold it at a high price, drove the price down, and then rebought the stock at a decimated price to hand it back from where it was borrowed.
Media Calls YOU The “Rabble” And The Bad Guys In The GameStop Story, Says Hedge Funds Are GOOD GUYS. Spread Manipulation on Silver:
It is our understanding that such manipulation is highly illegal. So where are the government regulators and enforcement? Just one example of why that might be is that Citadel, a hedge fund company, paid incredible sums of money to Treasury Secretary (and former Fed chair) Janet Yellen for “speaking fees.” Having seen video of a speech she has given we can assure you that watching paint dry is positively exhilarating by comparison. It is no secret that super rich companies have at times managed to capture government regulators with lobbyists, bribes, and other forms of pressure political or otherwise.
Going back to the sub prime mortgage collapse of 2008, the government regulators, Members of Congress and others knew that the sub prime mortgage securities were garbage, but peddled them anyways because they assumed they were government backed “garbage” so they had nothing to lose and everything to gain. When it all collapsed countless people lost their homes and jobs, the economy was devastated and the government picked winners and losers as to who to bail out and who to let twist in the wind. How do you think the biggest political donors faired in that process?
Small investor apps like Robinhood…
It’s free they say. No fees they say. When it comes to social media or computer apps, if they are free than YOU become the product. They take all of your information and data-mine it. This way they have a gauge as to how many small investors are buying when they manipulate a stock up and who to target when they want to manipulate a stock down. You are not the customer, the hedge fund who these free apps report to are the customer. If the behavior manipulation is successful, apps like Robinhood act essentially as a one way valve with your investment losses going to them.
Viva Frei – Robinhood takes from the poor to give to the rich:
Of course, evil of all evils GOOGLE had to get in on the rigging as well – LINK.
On que, now that the smaller investors have found a way to team up using Wall Street Bets on Reddit and the billionaire hedge funds are fighting against an army of David’s vs a few Goliaths, now the Goliaths are asking the government to “do something.” Robinhood rigged it’s app sop you could not buy Gamestop and only sell it (which forces the price of the stock down). Discord, a popular chatting program often used by gamers, banned Wall Street Bets because they accused them in engaging it hate speech (racism?). It seems that everything the corrupt establishment doesn’t like is “hate” or “racist” and must be silenced. How convenient.
Former SEC Commissioner Laura Unger wants those evil small investors dealt with!
Will there be a real credible investigation? Or will the federal government just see to it that the investigation just serves to secure the cover up? Disgraced former FBI agent Peter Strzok is arguably one of the most corrupt and dishonest people to ever serve in the FBI leadership. Guess who his wife is?