The official SEC YouTube channel just shared a video making fun of retail investors implying that they are at fault for the GameStop crisis and saying they do not do their research before investing. You literally can't make this stuff up!
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My name is tom nash and i've never seen anything like this. We got the sec out here, disrespecting, patronizing, insulting and making fun of retail investors, no less taxpayers money paid for the you're about to see check this out. This is from the scc's own youtube channel. You can't make this up and it's your investment i'll take meme stocks, invest your investment julie, i'm gon na.
Do some research first well played julie locally. We can do research. Investing is not a game. Always do your research before making an investment decision learn more at investor.gov before now.
I applaud their decision right to educate investors about the importance of doing research. I'm definitely all for it, but i've never seen anything like this. This looks like the game show from requiem for a dream. This post-apocalyptic game show.
This is what game shows would look like if the nazis had won the war, i'm not even kidding you. This is just insane, so they put out this garbage now, it's just surreal. The narrative that they're trying to sit here, which is what i'm mostly annoyed about, is that it was all your fault in that meme stocks is the only problem with the stock market and the sec is going after you since you're the problem, and you just made It happen. The only problem is that, even if you invested in safe stocks, let's say invested in netflix six months ago, six months ago in netflix, you lost 70 of your money.
I mean: let's talk with the sec about the 140 short interest that they let happen with gme, how the hell did you let it happen now, it's a pr media battle to see whose fault this whole thing was. Obviously they can't blame the billionaires and the hedge funds they got. Ta go after the retail investors. The 20 of the money in the stock market is retail investors.
80 of the money is not it's all institutional, but then again it's easier to go off these faceless. Nameless people make them look like idiots, throw some pie in their face and show them patronize over them. Oh poor, you, retail, stupid investor, you don't know how to even do research while in reality the sec fell asleep at the wheel. Let this whole thing develop.
They. Let people 140 short interested company without doing anything and instead of owning up to their mistakes, they're trying to preserve this narrative, as if the only thing that happened with gamestop is the demand from retail investors because of the social media. Insanity caused this to happen. If they didn't, let companies like melvin capital short the half out of this company, none of this happens.
In fact, i find this ad a little bit ironic. You know why? Because the only reason the gamestop mania happened is because there was so much research done on reddit, especially on wall street bits before it. A little bit went to so much research led to this idea of oh this company shorted more than a hundred percent. We can punish these guys who, for years, basically took advantage of us. Let's just go at them: let's squeeze the out of them. The amount of research that went into making the gamestop squeeze happen is unrivaled, in fact, guys like a roaring kitty put in years of their life researching this now, there's nothing wrong with encouraging research and careful assessment of investments. I totally agree with the idea, but the execution here is just awful they're using this to set this narrative, as if gamestop was your fault. Let's be clear.
Gamestop was the fault of the sec, who let companies like melvin capital, short gamestop more than once, which is unthinkable to me and their attempt. Instead of coming out and saying hey, we were wrong their attempt to make you look like this buffoon. Getting a pie in your face is just a sorry, ass attempt that insults my intelligence, your intelligence. In fact, this is so low level.
I wouldn't have expected this from my ping pong table. This is just ridiculous. Now again, i expect more this thing going to fly in the age of 20, 22 and reddit. This is going to get picked apart, like shish kebabs.
I expect some real backlash for this. You see, i wouldn't be surprised if they end up removing these videos, in any case, just my two cents about it. I hope you know that was okay before i let you go. I do want to show you this thing.
I i caught this on reddit. Speaking of reddit just a few minutes ago, i absolutely had to share this with you, so some guy captured this ad for capital.com and he titled this boys. This is how you trade. You can thank me later check this out solid bottom.
Look at this sell, buy, profit 108 buy the bottom sell at the top, buy the bottom sell. Now i don't know what capitals.com is. Maybe they're reputable uh business - i don't know, but this ad he says. There's so much insult to i mean institutional investors and businesses who put out ads like this or videos like the sec.
Put they just look at you and they say: well, you guys are idiots you'll eat up everything we're going to put up there you're. Just you know: you're morons, this ad, the ridiculousness of it basically is an insult to intelligence. What they're telling you whoever put out this ad is that we think you're, a bunch of idiots, and the same thing goes for this look. Luna 2.0 is out, so luna is out again relaunching itself and some people are actually trading it.
So again, how about this janet ellen says? I was wrong about inflation, no sherlock! I mean we've been saying this. For a year and a half i mean you can't print so much money and just say that, oh and by the way, her apology is an insult to your intelligence as well, because it's not a real apology. You know what she's saying here: she's not saying i was wrong if you actually read the article you're going to see that she doesn't say she was wrong. She's saying here, look at this new variants of kovit lockdowns in china and russia's war and ukraine have all imposed shocks on the economy. The treasury chief said after attending a meeting in the white house with president joe biden, so basically she's saying. Oh, we couldn't expect this she's not saying i was wrong. The headliner was wrong, but she's actually saying all new variants: ukraine, war, china, blah blah, blah, look and now she's saying well, it's biden's problem. Look i'm not going to interfere with their critically important work.
Basically, she's trying to distance itself from the inflation. The same thing actually biden is doing by the way, because biden is basically meeting powell to tell him hey. This is your job. This is your responsibility.
I'm distancing myself from you. It was all your fault now: everybody's playing hot potato with inflation. Yelling is saying: oh, it's biden and powell biden saying no: no, no! No! It's pal everybody's trying to move this hot potato and again this just goes to show you what they think of you. If they're doing that, if they're relaunching luna 2.0, if they're putting out ads like this, it looks like some 15 year old kid actually did this.
The the logic of this thing is just insane or doing these sort of videos and, by the way, there's more of them on their youtube channel. There's one about crypto about margin, easy money. Look at this i'll take guaranteed returns for 10 000. can't beat that easy money.
Investing is my guy really anyways. Try to catch the videos before the sec has to take them down, because i assume it's going to be very quickly. It's just an embarrassment uh gary gensler. I don't know if you knew about this or not, but if you're finding out about this now, i think it's time to remove these videos and treat retail investors with a little bit more respect, see you guys later.
This is just a clown, show can't believe i'm actually having to make a video about this.
Shorts are going to get burned
Look at the morons they are addressing. I mean, seriously. How in the hell world would they catch anyone's attention. And yes – meme stock losses ARE YOUR FAULT. Investing isn't a fucking game.
SEC and media war. OK, waiting for an enterprising retail trading media specialist to remake the video. Very easy, flip the questions front to back. Girl goes first with same question, same answer. The young man goes second and answers his question with, "Trust the SEC?" Buzzer sounds, audience laughs hysterically.
This means Invest Now!
We did our research AMC and GME are good stocks.
I don't see nothing wrong with this. It's needs to be dumbed down for people.
The game shows not suppose to look legit.. I'm not a fan of the SEC by any means but the ad is pretty great. Anyone who knows anything about investing doesnt invest in gamestop. The people that made money of the gamestop saga wasn't you're average retail investor.
Yes Netflix etc has dropped but there's a good chance it'll recover over time. Meme stocks however..
should of had the female pick meme stocks and get a pie in her face.
This is why they will get fvcked again from retail with gme/amcโฆ
Absolutely disgusting!
SEC…."2008 was retailer fault"… BS. They are following in steps of Clown Biden
๐คก๐คก๐คก๐คก๐คก๐คก๐คกโค๏ธโ๐ฅโค๏ธโ๐ฅโค๏ธโ๐ฅ
They should take this add down
IPOs and SPACs probably caused more harm. That and also un-fact-checked short selling research, market manipulation by MSM
How did they get Mitt Romney to host it?
That means that was the bottom of the bear market. And the SEC has data retail blew up with margin and finally realized their losses. Theyโre just kicking us while weโre down
They are conditioning the masses to blame retail for 401ks losing half their value. Instead of going after these over leveraged hedge funds that are going to cause the crash that's coming, this is just a relief rally in a bear market.
Thank God Palantir wasn't on that screen Tom ๐
Wow. SQUEEZE THEM AGAIN!!!!!
My tax money paid for this crap they should take this down
We gonna see who has pie in their face when it's over๐๐ฟ
How does the SEC have a YouTube channel? Are they allowed to engage in commercial activity? With a publically traded company? Seems like a conflict of interest…also this is in extreme poor taste on their side. Who is approving these moves?!
Sheesh kabab rofl ๐
Resurch? Just guess Tom ๐
The SEC has always been a joke
Yup ridiculous what they did to only allow selling was insane
Ignore their distractions and concentrate on our macro ๐
Do you think the SEC is corrupt?
And I took that personally ๐ฆ
This people are so corrupt itโs not even funny
Reqeum for a dream, what a movie
What a bunch of (bleep) holes ๐ฏ
GameStop is not a meme stock.
Sup Tom Research is Important ๐ฑ๐
Why I hold GME and AMC. Keep โem coming, Apes will keep buying, canโt wait for next rate hike ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ.
Yea itโs time to go to burn down this government and stand up for our rights. We have the right to overthrow them