The Gamestop saga is over.

The forces of evil have won again.

If you’ve been anywhere near social media this week the big story has been the GameStop fiasco.

The meteoric rise of GameStop stock was fueled by small investors snapping it up when it was cheap, using trading apps such as Robinhood, Trading 212, Tradestation, Ally Invest, WeBull, eToro, Plus500, Basecamptrading and eTrade.

The co-ordinated effort to drive up the share price of GameStop by users of the online forum Reddit was designed to make some easy cash for investors as well as royally fucking the short-sellers. To the tune of several billion dollars.

Ironically named online brokerage app Robinhood and its rival Trading 212 banned its users today from further investment in GameStop and other targets of the Reddit group WallStreetBets. Ameritrade has begun to limit trading in GameStop and other shares that have also gotten a pop from the Reddit crowd, such as American Airlines and cinema chain AMC.

Wells Fargo – one of the most corrupt institutions in American history – has also banned the firm’s financial advisory unit from making recommendations to clients about GameStop and AMC.  

In a statement, Robinhood said, “We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities,” adding that it was also doing so for AMC, BlackBerry, Bed Bath & Beyond, Nokia and three other stocks.

More online traders are sure to follow suit.

GameStop’s shares soared recently when an army of small investors bought in, hoping to profit from Wall Street bets that the company’s share price would fall. The company’s shares rose 135% on Wednesday to more than $347, up from just $3 last April.

The result was that hedge funds like Melvin Capital that bet against GameStop were caught in a “short squeeze”: the more the shares go up, the bigger the losses they face. They also had to “cover” their position to offset the losses on their previous bets against it. Melvin Capital lost around 3 BILLION dollars in the deal.

So now that the super rich have been burned we will begin to see more and more “experts” actually discouraging regular folks from investing in the stock market without paying through the nose for the advice of a financial advisor or a retirement planner.

The laughable claim currently being trotted out by the MSM to cover Wall Street’s ass is the big concern that the “average investor” might be encouraged to ignore the longer-term risks involved in playing the stock market while they look for a “quick short-term pop.”

Oh my goodness! You mean they’re concerned because short term investors might be gaming the system in order to make a quick buck?

Gee, I’ve never heard of such a thing…except I have: it’s called CAPITALISM. It’s called playing the fucking Stock Market and the goddam invisible hand! You know, Adam Smith and all that. The exact thing we’ve been brainwashed to worship as some kind of savior of Western Civilization all of our miserable lives.

It’s truly amazing how quickly the wheels of “government”/ finance can be set in motion when the interests of the Elite are threatened. Apparently, all it took was a phone call from Illuminati Central and that was it. It was only a matter of hours before action was taken to prevent this from ever happening again.

They didn’t even need to pass any legislation or come up with any new regulations…yet…they just restricted the practice…for anyone except the hedge fund managers, of course: they can go about their evil business knowing they won’t lose billions of dollars if they target the wrong companies for destruction…they can sleep well knowing there’s absolutely no risk involved.

But isn’t that the whole point of the stock market – that there’s RISK? That’s what the pundits are always trying to convince us of, anyway.

And like, where else are these Reddit guys gonna make that kind of money these days…at least legally…? Where are they supposed to find real jobs?

But just take a look at Wall Street and tell me how the whole thing isn’t a pyramid scheme. We’re in the midst of a major global pandemic with record numbers of unemployed and incalculable human suffering all over the world and global stock markets and indices have been hitting record highs.

We’ve been led to believe in the beauty of a virtually unregulated stock market, which can do no wrong. We’re led to believe these financial institutions are ‘too big to fail’ and that everyone’s prosperity depends on theirs.

It’s going to be a lot harder to make that argument after the Gamestop fiasco. Maybe people will begin to get “woke” to the way the Wall Street is blatantly rigged against the average citizen.

These guys have managed to beat Wall Street at its own game, exposing the system as being built to benefit the wealthy; effectively demonstrating that the market is a dreadful measure of society’s economic health, wildly detached from the reality on the ground.

I’m sure the new restrictions Wall Street will now be compelled to adopt will make it official; the practice will be heavily regulated from now on – the same sort of market regulation the neocons claim to loathe so much…only when it suits them, of course.

It seems the unwashed masses are only allowed to ever make a few hundred bucks – or maybe even a couple thousand – playing the market. But that’s about it. All the BIG MONEY is reserved for the DAVOS crowd…those who are already outrageously wealthy and don’t need one penny more.

They probably called Robinhood’s CEO direct from virtual DAVOS and demanded the company immediately ban this unauthorized free trade.

When major hedge funds are forced to lose billions of dollars, something must be done immediately…and we’ve seen just how quickly those behind the scenes can coordinate a response to just about any financial crisis. The theme for DAVOS 2021 is “The Great Reset…” Indeed.

But not to worry. Soon enough this entire episode will be shoved down the newshole and we’ll never hear about it again.

Imagine that! Regular people making money off the stock market!

How absurd.