‘Es una locura’: the little inversionists concocted on Wall Street with the actions of GameStop

This episode is recorded at the end of 1990, except that it is more viral and is powered by options trading. Since there was the pandemic, millions of stadiums, many of them without work or work from home, I will open corrective accounts and start trading actively, which will help to boost market share.

Minority retailers do not only sell and sell shares; It also dedicates itself to buying options, a species of financial instrument that gives the tenant the right to buy or sell an action. Correction companies have commercialized many of the options between the minority investors because of their most profitable ones.

And there is no doubt that olvidar to Wall Street Bets, the popular forum of Reddit centered on the trade of options that has been converted into a public mind species where the minority investors coordinate freely on the power to buy collectively in the lenses that have the most probabilities to amplify the beautiful displays. In the last few weeks, we will start publishing publications in the forum that disable the large amount of GameStop shares that are sold in short and unstated, except for other users to buy shares and options at the end of the price.

“Reunion in the tropics, myanos mios, because the war will end very soon”, wrote a commentator who called himself Gardeeon, the 19th of January. “Ustedes controlan el poder, GME no va a la luna, sino al boards del universo waarneembaar”.

Many observers see the direct speeches in social media in order for the inverters to coordinate their behavior with a kind of market manipulation. On Wednesday, the Bolsa y Valores Commission (SEC, by its seal in English) said in a statement that it was “monitoring and actively monitoring the current volatility of the market”.

The lawyers say that platforms such as Wall Street Bets are incredibly difficult to watch and it is not clear that they have produced value-added violations.

“It’s just a matter of generating enthusiasm for the sale of money and the price, because it’s worthwhile, without anything more, not believing that it is illegal,” said Andrew Calamari, Finn, Dixon & Herling, attorney general. of New York of the SEC.

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