Over on Ihub I note that a class action suit has been filed against the brokers who have been trying to throttle buying in these stocks (GME, AMC, NOK, etc.) While the brokerages have scaled back their efforts at manipulating the market. It's very interesting to see just how in bed with each other these market people are, hedge fund with clearing house outfits and brokerages and other financial outfits all in bed together, hardly a wonder then that Melvin was able to find 3 billion dollars in financing to keep it out of bk (market slang for bankruptcy)
A collection of articles defining our times. The pages contain clickable links, don't let the titles fool you, some of the best articles have very non-descript titles and there are usually more articles on the matters in the days and week pages the links land on so it's a sort of treasure hunt through history, Enjoy!
No comments:
Post a Comment