Look ma, I’m famous! WSJ called me out for no reason in an article defending Robinhood. I don’t even margin trade! 😂 Boomer Wall St is scared and clueless 🤡

When clients trade, especially on margin, they use the broker’s mmoney to play.  Imagine a client buys 100 shares of GameStop for $400 a share, using $20,000 of his own money and borrowing $20,000 from Robinhood.  If the stock drops from $400 to $120 (as it did on Jan. 29, the clients position may be sold for $12,000 due to the margin violation, leaving Robinhood trying to collect an unsecured $8,000 debt from “u/Thicc_ladies_PM_Me.”

Good luck.. Multiply this by hundreds or thousands of similar clients. Option trading is worse because the leverage is greater.

We should be compiling links of sources claiming WSB is for silver Discussion

We’re not. Plain and simple. Anyone who frequents WSB knows this.

This means whatever media source is indicating this to be the case is a sellout and their credibility should be in serious question since they either

1) don’t do their due diligence, or

2) are okay with getting their strings pulled to be used as tools by the wealthy to manipulate masses.

If there was any doubt of these hedge fund’s influence and manipulate, this whole “WSB going silver” just put that conspiracy theory to rest and only does more to confirm that the game has always been rigged against the average person.

Edit: You know what would be AMAZING?? This was an idea already thrown out there, but if the mods could use twitter (and by pinning a statement on this subreddit) to invalidate the silver BS… That would be SUCH a great fucking move. Maybe a message like “There is no sentiment among WSB members to buy SLV stock and the little that exists is under scrutiny of WSB members”. That would just slam the door on any sources propagating that false information and call them out on their BS (because it’s just so obviously untrue). It would also make it clear for those checking the credibility of this fake news that the silver hype is a fabrication by variables outside of WSB and inform them of how convenient it is for hedge funds if people pulled from GME, and supported a stock they own massive shares of.

This goes without saying that I’m holding GME till the very end. Given how the media and some brokerages have gotten involved (and in a not so subtle way that benefits the hedge funds), it’s not even about the money anymore. And that’s coming from someone with student loans who stands to profit by exiting right now. Money comes and goes, but getting to witness firsthand just how rigged the system is and knowing who’s involved in keeping people in line is just something you can’t put a price tag on.