If this week's Wall Street tumult is the David vs. Goliath battle as is being portrayed, David may be getting a little outside help.
That's the view of market legend and historian Art Cashin, the director of floor trading at UBS, who has seen some of these so-called short squeeze battles play out before, and knows of a number of others through history.
Pro
Pro Yes, Russia, China & Iran are behide that, as always. It is so hard to admit that the little guys are smarter than the big guys!
Pro When the only tether holding this 'group' of traders together is a public subreddit and wanting to be a part of a bubble's run up, outside forces become inside forces pretty quick.
Pro Yes agreed! Those outside forces are called retail investors far removed from the comfy confines of Wall Street.
Pro Must be that intergalactic federation of aliens👽👽👽👽👽👽
Pro yes sirrr, they are called people, regular everyday people
Pro Anyone have a TLDR? Not falling for CNBCs paywall bullshit
Pro A guy from his basement pointed out 4 months ago that gamestop had a 136% float. He also make a pretty compelling case for gamestop with great DD, and you feed a rumour mill? gamestop getrekt
Pro Let’s please not initiate nonsense conspiracy theories.. simple fact is Hedge funds screwed over the individual common investor (aka David Goliath story) RobinhoodApp markets HedgeFunds MarketManipulation
Pro Yeah, no shit Sherlock They froze buying but allowed sales AND they forcibly closed positions some traders had
Pro RobinHood collects $1 billion a year from Citadel for order flow. Citadel gives Melvin Capital $1 billion to short more GME. And we’re supposed to believe there was no collusion to get RobinHood to stop letting retail buy? Is this a joke?
Pro Yeah and its called ( we the people)
Pro Inside* forces, fucking suits
Pro I suspect there's over 5 million members in that reddit group, so if they all use $10 each then thats $50 million in capital to do as they please. The only outside force is the small people vs wall street
Pro How about update on FPUC? TeamPelosi SpeakerPelosi POTUS JoeBiden Instead of going all the way to September with FPUC why not pull off 2-3 months & use that to pay the PROMISED fpucretro You know we got skimped on months! HELP!!! via YouTube
Pro Agree, definitely not within your circle.
Pro wow
Pro Bullshit babe. I only care about my rights that I haven’t bought back from the terrorists US government hitler
Pro Cope
Pro Are we still looking for reasons to invalidate retails’ winning trade and bail out the losing hand of the institutions?
Pro RobinhoodApp
Pro Yeah. Outside forces. Hahahahaa
Pro Don't understand why CNBC continues to regularly seek his long-outdated perspectives.
Pro Yeah they are called retail investors
Pro Eliminate the buyers and the price falls, easy. Citadel clears for RH and they’re backstopping Melvin that got hurt from RH. Simple criminal activity.
Pro I'm sorry all sorts of nuts are hating your very good journalism . Art is right, there are billions of retail investors on earth, not all located inside our borders, and if they all decide to buy $DIGP, they will likely double their money in a matter of minutes, and risk it!
Pro I want to know WHO MADE THE CALL TO ROBINHOOD!!
Pro You entire network is shit right now.
Pro Oh no ... conspiracy theory. dramaqueens
Pro What a gong show
Pro ClassActionRobinHood
Pro Yes, it's evil Russia, wanting to upset markets over a tiny stock. /s/
Pro CancelCNBC you are the outside forces!
Pro I am a Martian 👽 Fart Cash-in