My moms listening to CNN/MSNBC and its really disgusting to hear them constantly talking about redditors going all in on SLVR and even dumping GME. Literally all it would take is a journalist to visit WSB for a second to see thats obvious bullshit, so they’re obviously in on this shit. Purposefully pumping up SLVR for the hedge funds?
Do the owners have their money in these hedge funds or some shit? I’m not into conspiracies much but wtf else could be going on?
Hell even the other investing subs are pointing it out like r/stocks
This hasn’t stopped journalists from publishing ridiculous stuff before. They are determined that if A says B, they are obligated to report “A says B”.
They are majorly buying silver though. Might just be lurkers who read and got fooled but they are moving it. Tracker is showing it (it’s not up there with GME/AMC but it’s gotten to the BB/NOK tier) and physical got sold out hard over the weekend.
Whether it lasts is another story.
Kinda didn’t expect sundial to make a comeback either whoops. It’s not registering much but when the stock goes from under a dollar to over, someone’s moving it.
Clovis isn’t on the tracker, you all have a lot of work to do
I don’t think you can move a price just with an unaccepted bid. As I understand it, the stock’s price is that of the last completed trade.
According to this blog post, a ladder attack involves counterfeit shares being sold back and forth at decreasing prices, and failures to deliver if third parties buy during the process. Why the colluding parties can’t do this all the time, I’m not sure; hopefully the finance buffs can chime in.
I suppose that if volume were low enough, the colluders could achieve the same thing by trading real shares back and forth.
Normies who don’t actually follow reddit are who are likely buying SLVR due to the media pumping it. The shit about SLVR being massively owned by these same hedgefunds was the top post on all of reddit several times, I highly doubt its redditors buying it.
it wasn’t till today I saw a single negative silver post on that forum
it’s hot that most people see since that’s the default–not top post or latest
still at least as of this morning had more bullish than bearish posts on it.
might change when the ticker updates, we’ll see
even in the discord, people weren’t anti slv until today. They just made up a narrative cause it hit the news. Gamestop stuff, they’re not as bullish as last week but still very bullish overall. news gonna news tho
like I’m laughing that people are claiming CNBC is intentionally pushing people into a shiny metal when they’re the most STONKS STONKS STONKS out there. Just not those stonks.
Watching a video of Strassa playing a SNG was my weebay.gif lightbulb moment that I was doing it all wrong and needed to learn a lot. “Oh, it’s just all folding until the end? Huh.”
Do you also remember when he was trolling devs for free work on the site design? The stipulations were you could use it in your portfolio and even come into the office for a day to see how Real Traders Do It.
I’m not a BA fan either. But this podcast is amazing. It’s mostly Strassa. It should be required viewing for this forum imo.
And I HATE podcasts that don’t involve the KC Chiefs.
Basically Strassa is saying GME was a jackpot for WSB - net flow from hedge funds to WSB. But most other attempts (NOK, AMC, SLV) have had big institutional holders just dying to sell. KOSS is basically a doge coin run to him - net zero gain for WSB.
He’s also talking about how expensive options are right now due to volatility, but mainly due to WSB not being “price sensitive”.
When you’re finished with Strasser maybe check out this one next since you’re interested in politics:
Episode seven features an interview with renowned and sometimes controversial sociologist and writer Charles Murray. Charles is a fellow at AEI and the author of The Bell Curve, Losing Ground, Coming Apart, and Human Accomplishment. We cover his current project — a book on poker!
