I’ve been fortunate enough to have seen the rise of retail investors for the better part of 2+ years against Wall Street.
Conflicts of interest amongst Wall Street, banks, and mainstream media were uncovered during the ‘meme stock’ frenzy in January of 2021.
But it didn’t stop there.
Throughout 2021 and 2022, the retail community has raised awareness of market injustices, claiming the SEC’s chairman Gary Gensler has only been complicit to the illicit activities that occur on Wall Street.
The disadvantage retail investors have over hedge funds has never been clearer.
Between naked shorting, FTDs, OTC trading, Dark Pool trading, PFOF, and short and distort campaigns, the cat has been out of the bag.
The question now is what is being done to tackle the problems retail investors are facing?
Wall Street has been able to take advantage of the little guy through the predatorial practices mentioned above with no repercussions from regulators.
Will retail investors continue to rise against Wall Street in 2023?
There are no doubt activists will continue to push reform until there is real change that levels the playing field for retail.
People Are Waking Up to Mainstream Media
Elon Musk has been calling out mainstream media on Twitter for misleading information or ridiculous hit pieces.
The impact Elon is having on Twitter is something that has not been seen.
He’s been able to raise awareness by simply ratioing mainstream media accounts, often times putting them in their place.
People have always voiced their opinions and concerns with mainstream media, but now the people have the biggest influencer in the world backing them up.
Citizen journalism has already been exponentially rising as blogs and independent media websites begin to report what mainstream media is failing to report.
Mainstream media has been used by big financial institutions to push agendas that cater to their financial interests.
In a CNBC exclusive, Elon Musk says “hedge funds have used short selling and complex derivatives to take advantage of retail investors.”
This is something retail investors who purchased so called ‘meme stocks’ last year found out very easily.
The complex derivatives Elon is referring to could be an array of things such as options trading, HFT, swaps, borrowed stock, and even naked shares.
The Tesla CEO says hedge funds will short a company, conduct negative publicity campaigns to drive the stock price down, then cash out and do it multiple times over.
This tactic is what’s known as “short and distort”.
Hedge funds impose their influence on corporate media such as The Fool, Wall Street Journal, and MarketWatch to scare people out of their money.
How Can Retail Investors Make a Dent?
Retail investors will have to continue to raise awareness when activists and citizen journalism demands it.
But even retail investors have had their better days, with some even refusing to give their viewership to independent hosts and journalists simply due to capitalization involvement.
Retail investors have more power than they know, but it only combats mainstream media when they support citizen journalism or independent hosts working on spreading the truth.
The people will rise against Wall Street corruption, with or without independent journalists and platforms.
Though more can be done with the latter.
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