What happens when foreign governments enter and buy GameStop, just to hurt Wall Street?

[bone]

Sovereign Wealth Funds (Norway, UAE) are heavily invested in US Equities and high tech already in a buy and hold strategy.

Blowing up GME is hardly a National Security concern, now is it?

In order to invest in a hedge fund, the investor must be pre-approved in terms of liquidity and wealth. They understand that their hedge fund investment is the riskiest portion of their investment portfolio. There are some State Pension Funds in the US that have a very modest portion of their portfolio in alternative investments - usually less than 10 percent.

Plus there's always the distinct probability that a nefarious state actor would get on the wrong side of the damned thing.

Relax.

Hedge fund losses are already at $70 billion.

China, Russia, others, have been humiliated by the Wall Street - defence industry combo for years.

China and Russia could risk billions and not care.

Wall Street already can't handle these kids trading out of their basements. The gasoline and the match may not touch, but it's just the fact that they could...

 

[wrbtrader]

How many Gamestops can they buy, just to hurt wall street? They will be out of money.

How come the losses are 70b, on a market cap < 20billion? Who are the beneficiaries?

Maybe they are going after the companies that known Wall Street firms have been Shorting and has been publicly saying negative things about the companies.

Simply, there's probably many more companies out their in with retail traders from Robbinhood, Reditt will challenge the Wall Street giants...creating a ton of volatility for the overall market too.

Personally, I've never seen such brazen pushing up a stock price for the purposes of making money and hurting institutional trading firms in the pocket. Yet, still love the volatility that it creates.

wrbtrader

 

[Overnight]

Fuck Wall Street

That sentiment, while noble in it's altruism, is fucking poor people in the ass. Does nobody realize this, and see the double reverse irony?

All the rabblerousers over on Reddit becoming rich fat and happy are doing it at the expense of their neighbors, parents, friends, etc. RobinHood. Stealing from the rich to give to the poor to give back to the rich who then give it back to the poor and take it from those less poor, to make them more poor.

That is evident in the broad market sell-off seen this week. It all started on Tuesday night, when this started becoming a real thing. It was manifesting in the futures.

All those little retail folks who were poor and are now becoming rich by robbing the rich, are now becoming the very same people they are rising up against. They are robbing the poor. Their actions are causing long liquidations across all sectors, and so everybody's long portfolio is sinking, and fast.

This is just as bad as Trump's August 2019 missive about China, where the Dow dropped 700 points in 20 minutes. At least back then, there was market reality, fundamentals, an economy grinding along. But this time, the bleeding will be much slower, and deeper, because we have rebels with a lost cause. Nose, face, spite. *rolls eyes*

 

[They]

Who needs Foreign governments when there are plenty of US entities ready to pile in.

 

[levanyashin]

You should answer your question like this :

How will those foreign countries who tried to hurt Wall street defend themselves IF

Blackrock,State Street,Vanguard,Charles Schwab, JPM,Oppenheimer,Fidelity

Decide to launch a Crusade ?

 

[graph-trader]

IMO when we have shipped a huge % of the population thousands of dollars of "free" money they don't need you should expect more stupidity to come.

I noticed on ebay that a Jose Canseco rookie baseball card sold for $800. Sounds like a rational investment to own the great Jose Canseco.

 

[murray t turtle]

Who needs Foreign governments when there are plenty of US entities ready to pile in.

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Good points.
BUT those with 1 million shares + more have been scaling out for some time\mostly.
Like one kid said ''Thank God for Guinea Pigs'' LOL.............................................
And most of those may trim a position when it become to big a %//even with a good company with EARNINGS.LOL One exception was MS, but they only increased from.192 million to to less than 2 million.......