Oct. 29, 2022
October 29, 2022 To our regulators, There is a grassroots movement currently happening that the members of which are understanding better each day the power they hold. No longer are we kept in the dark when the supposedly state of the art yet outdated mechanics of the stock market cause glitches on just one ticker countless times every week. We now have Ortex, Fidelity, Citadel, and the SEC just to name a few make noticeable changes when they poke the proverbial bear and get topics trending on this subreddit. I digress. Swaps are a cancer that will destroy the entire market if it hasnt begun to already. There is extensive research into this topic from our grassroots movement. If our research holds up like most every other thesis weve written, we are correct in understanding the vice grip swaps have and how it is at best anchoring capitalism, and at worst is market manipulation and financial terrorism. In the case of Gamestop it has become increasingly apparent that several tickers move in unison with it, and several mo re begin to act erratic when we rally and move out of price ranges. Wall Street has managed to wipe their dreaded reputation through time of being a cog in capitalism and grifters, but that has boiled over to now the people no longer trusting the analysts and talking heads that couldnt possibly keep up in a conversation with this new age of investors. The incompetency of the supposed experts are beginning to show and theyre walking on eggshells to label a feat as a glitch or a miscalculation, but not allowing the people beating them to the punch to be apart of finding the answer. It is in the worlds greatest interest for the SEC to end Wallstreet corruption and prohibit the use of swaps.