S525 - CNN SLAMMED For Lying About WallStreetBets GameStop Rebellion, The SLV Short Squeeze Is FAKE NEWS
Timcast News
Timcast Media
4.6 • 7.4K Ratings
🗓️ 1 February 2021
⏱️ 77 minutes
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Summary
CNN SLAMMED For Lying About WallStreetBets GameStop Rebellion, The Elites Are DESPERATE And FAILING. CNN like many others outlets is pushing a fake narrative so obvious its shocking.
Posts at nearly every news outlet claim that Reddit is trying to pump silver even though a cursory glance at WallStreetBets reveals its not true.
We are seeing a move so desperate in an attempt to protect Wall Street and hedge funds that everyone can see it regardless of being left or right.
While most progressives and conservatives understand that mainstream lies and pushes fake news now we have a real and easy way to share something proving to friends and family who don't believe it.
The short squeeze is causing the whole machine to grind to a halt and as panic sets in and gamestop stock and amc stock soars for once we see a transfer of wealth from the elites to the working class and its non partisan.
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Transcript
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| 0:00.0 | The game stop rebellion is working. |
| 0:03.1 | And for those that haven't been following this major story |
| 0:06.2 | over the past week or so, |
| 0:07.4 | let me just make it really simple for you. |
| 0:09.5 | The position that these Wall Street elites are in |
| 0:12.8 | is that they're being forced to buy |
| 0:15.0 | extremely high-price stock from regular people. |
| 0:19.4 | And then regular people are talking about |
| 0:21.0 | the sweet, sweet tandys they're getting, |
| 0:22.8 | the profits off of their investment. |
| 0:24.8 | And they're doing things like investing in children's hospitals |
| 0:27.6 | and paying off medical debt, donating video games to kids |
| 0:30.6 | and things like, you know, children's hospital kids |
| 0:32.2 | and things like that. |
| 0:33.2 | That they're doing things to help people. |
| 0:35.2 | And what we're seeing is this. |
| 0:37.2 | These big funds like Melvin Capital, |
| 0:39.6 | they lost 53% in January hurt by GameStop and other bets. |
| 0:44.6 | What does that mean? |
| 0:45.4 | Quite simply, they tried to short GameStop. |
| 0:49.8 | They took out a huge bet. |
| 0:51.4 | And effectively what it is, they borrow the stock |
... |
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