Tucker on GameStop: If You’re Just an Individual Investor, You’re Not Allowed To Manipulate the Market

‘That means people on Reddit profited ‘

This story is cross-posted at our consumer site, Grabien News. Watch it there – without audiomarks.

EXCERPT:

CARLSON: “A group of people on Reddit decided to buy up GameStop options and that triggered a chain reaction that drove GameStop share price higher and higher and higher. As of today, shares of GameStop are up 1700% since the beginning of the month. That means people on Reddit profited, people in hedge funds, who were betting that share price would go down, lost money. And that’s a crime! Only people who work for hedge funds are allowed to manipulate the market — often with the help of CNBC. Normal people are not allowed to do that. Already, the people in charge of our system are outraged that anyone without an official position in a hedge fund would dare manipulate the market to their benefit. The communications platform Discord is taking action against it. They shut down the day traders claiming that they are committing 'hate speech.' (Laughs) In other words, if you do what hedge funds do, but you don’t work at a hedge fund, you are a racist. Obviously.”

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