March 25, 2022
Hedge funds and market makers are abusing rules and using manipulative tactics to direct the price of the stock as they please while depriving retail of any chance of success.
2 stocks come to mind. $AMC and $GME. In the past years, a lot of data and proof have gone out showing that even though 'naked shorts' were deemed illegal in 2008 after the crash, they are still being used EXTENSIVELY. That is an illegal act and should be punished. There is also an abuse of PFOF and the dark pool, routing more than 60% sometimes up to 70+% of retail orders on $AMC and $GME.
How is that fair for retail? and why is the SeC not doing anything to stop those fraudulent hedge funds and market makers from doing illegal and manipulative activities on stocks?
It seems that Gary Gensler and the SeC are only there to show the public there is an 'organization' ruling the stock market but in reality, your only goal is to PROTECT criminal hedge funds and market makers so they can continue to thrive.
Us the retail investors, we are losing money and the true value of stocks is not being shown.
Really, please answer this, why can hedge funds and market makers continue to do ILLEGAL naked shorting and ABUSIVE routing with PFOF and dark pools? IT IS ILLEGAL Can a common person that isn't rich do something illegal without repercussion? NO, then why are you letting them as they please.
Is the SEC as corrupt as those hedge funds and market makers? Is that corruption deep-rooted up to government levels?
You guys have a job to do, and that is to stop illegal actions that are making retail lose on a daily, while the rich 1% continue to be the ones winning by illegally abusing the market.
The retail will not stop here, you will continue to hear from us as long as something is not done.