For the last few Weeks the immensely hilarious antics of the Reddit Sub Thread community WALLSTREETBETS has caused a massive commotion in the world of Stocks and Media.
Now if all of this goes over your head we are going to give you the low down of what has been going on, how this has happened and what some ramifications of this could be as well as some absolutely priceless memetic wizardry and humour taken form the threads surrounding it all.
For an understanding in the foundation of what is happening find below a superb breakdown of the technicals from Ben Shapiro
On Thursday the news of this started hitting the mainstream media in the UK sending social media into a frenzy of information, from people totting stocks and different crypto currencies to an absolute barrage of memes and people loosing their shit on videos and posts. All of this and one trading app sitting right in the middle of it all.
WallStreetBets has made the news before with similar episodes like the “HERTZ” shenanigans in 2020 and has been around for a while but this time turning its attention to GameStop as well as AMC, Nokia, Blackberry and others. A few tweets from The richest man in the public world Elon Musk and boom, WallStreetBets grew at least 4 million members in days and the fun got real.
Whilst the Hedge Fund Big shots had already been playing with the stocks of GameStop after deciding it was too high, the insane volume of purchase from the Reddit community sent the share prices sky high. A plea was seemingly made to the underbelly of Wall Street , The media turned on the community saying phrases such as “HACK” and even calling the Redditors “WHITE SUPREMACISTS”.
The RobinHood app as well Charles Schwab, TD Ameritrade and Webull limited or even froze the buying of shares to users and even according to some sources closing out customers positions for them for seemingly lower price than the current level, even the NASDAQ stopped the market on GameStop due to chatter on social media, and Discord banning WallStreetBets on their platform saying that talking about investing is wrong? something the financial gurus have done since the game began.
Whilst there is speculation of their being a bigger play in all of this there is a very clear example of what seems to be deliberate illegal market manipulation by wall street players in a defence against this play by the WallStreetBets community there is also a huge call across the investment world that there is nothing wrong with what the Redditors have done and it is all giving the hedge funds a taste of their own medicine with their own tactics.
Not only has the WallStreetBets gang taken on the big boys with the Gamestop stock they have also turned their stance to other areas of the finance market such as silver causing silver price to rise by 4% on friday after an earlier announcement on the reddit board.
Whilst the game continues the questions continue, Where next? Who is behind this? Is it really just as it seems, The common man having his day? As this story unfolds we imagine the true story of all the players may come to light and hopefully the people trying to stop this turning of tables will be thwarted, with a quick up-shoot in millionaires this week and some amazing stories of “kid millionaires” its defiantly a rollercoaster that has not stopped giving.
Here are some choice memes and screenshots of the stories antics-
The longer this goes on the more money the billionaires that play with the lives of normal people for profit loose money, this may have bigger outcomes for the money system as an whole and there seems to be a huge push to a decentralised monetary financial system that can help rid the world of these corrupt money guys.
Once the truth is made clear the entire world should come down on the people who played bad roles in this episode, play your part by using this report which will in turn help control the evils of the corporate stock markets in future.
As the Davos 2021 meeting comes to an end we look to some of the points over the few days.
Mr Putin delivered a powerful speech to the Davos meeting this year warning of global tensions and technocratic power over the world.
Vladamir speaks of the escalation of the far left and far right rise, the global defence crumbling and contradictions in politics, and the possible “END OF OUR CIVILISATION”
the apocalyptic speech about “War against All” and the destruction of the modern world, Putin leaves jaws on the floor with his dire warning. speaking on the 2008 financial crisis and the times since then Putin says a better path can take the world in a different direction.
Find out more follow RISEABOVE.NEWS for reviews of this years DAVOS 2021 meeting.
Following what was a never ending barrage of information in the final stages of the Trump Presidency the beginning of the Biden Presidency is set to be just as action packed.
With a spate of reversals and executive orders President Joe Biden immediately set to work to undo Trumps work, Scrapping the Keystone XL pipeline destroying thousands of jobs, causing friction with Canada and creating nearly 48,000 tonnes of scrap steel. Freezing Trumps Big Pharma actions causing an imminent rise in medical costs for Insulin and Epinephrine and even tossing out the 1776 commission 2 days after its first report.
Strong movements across America with pro trump stances, including the “TEXIT” movement, newly elected President Biden defiantly has a battle coming over the next few months, The first of these coming in the form of possible impeachment. Congresswomen Marjorie Taylor Greene has done something many politicians tend not to do and has followed up on her word. This week she filed papers to impeach President Joe Biden. citing Burisma, Russiagate, The Ukraine scandal, China, Hunter Biden’s Business dealings and The Biden family wealth increase during Biden’s time in office. If this comes to anything or not its going to be an interesting start to the 46th POTUS Reign.
With Former President Trump’s Impeachment having a fixed date we look to what this means, If they charge trump with something during this impeachment process it will stop Trump from running again in the next election which would leave a void for the GOP candidates in 2024, With obvious options being Mike Pompeo, Ted Cruz (Texas), Josh Hawley (Missouri), Ron Disantis (Florida) or even Ivanka Trump it looks as if the MAGA movement wont be going away any time soon.
Follow us at RISEABOVE.NEWS to keep up as this story unfolds
After 4 years of more ups and downs than most storybooks could envision President Donald J Trump delivers his farewell address to the nation as he ends his term as the President of the United States of America.
From ups and downs with record economic highs and burning lows this presidency has seen it all. Non stop court cases, the “Russia Gate” scandal, “Obama Gate”, Covid 19, The “summer of blockparties”, Riots, Huge areas of the country burning urban areas and countryside.
The never ending borage of Conspiricy and Conpiricy theories. A president who has split the nation and brought together communities. Started no global wars but came close to having a civil war. The second highest vote total of all presidents in history.
Millions will be tuned in today to see the final close to this saga unfold today and President Elect Joe Biden be sworn in as the 46th President of the United States of America.
Author – RISEABOVE.NEWS Jan 20th 2021
Stay tuned to RISEABOVE.NEWS for updates throughout the day
Wednesday the 20th of January 2021, A day that will go down in history but for what reason? A huge climax of Conspiracy, Court cases, All out Media Apocalypse and a year like nothing seen in history.
After what some might think the most controversial U.S. Election in history we find ourselves standing at the edge of the precipice, The final curtain the last call for the trump administration and the day 45 hundred years of career come to a height for president elect Joe Biden.
There is the unprecedented twist to this story as Washington is set to have a never before witnessed military force with the entire inauguration being held behind apocalyptic militarised barricades and fencing. for a man who has the highest vote count for any president in history this shows a dire setting of the scene for his presidency.
Officials have commented as to there being no possible threat to the capitol but the military will stay in attendance. bunks have started to be shipped in but a large amount of national guardsman have been sleeping in the halls of the congress building itself.
The Legal proceedings surrounding the election fraud continues in states such as Arizona despite the new president being set to take office today leaving many questions unanswered and a growing movement for the “TEXIT” procedure to begin.
2021 will be a rocky road for American politics with January’s action packed entry to the year just being the start, Were expecting a non stop ride for the first year of the Biden Harris Presidency.
Stay up to date with RISEABOVE.NEWS
And in the words of soon to be President Joe Biden heres to 2021
“No man has the right to raise a hand to a woman in anger, and so we just have to change the culture, period, And keep punching at it, and punching at it, and punching at it.”
Author RISEABOVE.NEWS Tuesday 20th January 2021
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