- Apr 13, 2017
Spam away, this battle on Wall Street is a big deal. I've been having a blast following along at WSB, reading analysis and checking for comments here. I had thought today was a deadline of sorts but then read the squeeze could go onto next week.Sorry for spamming, but this story is a gold mine.
Yes I listened to a day-trader Greg Mannarino this morning and he thinks sadly the disruption from retail traders will bring about some type of legislation (sold as protection for the market) that inevitably makes it more difficult for small fish to swim in the pond. He says they're already not free-markets but more regulation would put a nail in the coffin for independent investors.What concerns me is that the media is all up in the narrative now making me think this will lead to further restrictions and possibly a reset on the stock market. There is more at play here than David vs Goliath IMHO. I am all for it but skeptical that they might be somehow setting a larger trap where they destroy newbie investors making them stay off the playing field. I have been seriously looking into investing some funds as I educate myself to a more comfortable place. A lot of scams will come out of this, so beware of that.