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)
No comments:
Post a Comment