When Russell Okung is right, you know something really wrong happened. The Panthers’ soon to be free agent but for now starting left tackle is one of many people who are expressing their outrage on social media with the financial news that’s taking the world by storm.
The short version is that hedge funds and trading apps are moving the goal posts after a bunch of Redditors pumped up the value of seemingly worthless stocks like GameStop and AMC, upsetting Wall Street titans that held short positions against them. There are plenty of villains to go around, but the Robinhood App is taking the most heat over their decision to suspend buying of those stocks, only allowing investors to sell.
Here’s a few tweets Okung shared this morning with his thoughts on Robinhood and the situation in general.
Teach your children that @RobinhoodApp gave to the rich and not the poor.
— russ (@RussellOkung) January 28, 2021
Pay attention to what your favorite political pundit is NOT saying about what’s happening with Wall Street Bets and retail investors.
That’s all you need to know about where the true interest are.
— russ (@RussellOkung) January 28, 2021
Stop protecting Wall Street!
— russ (@RussellOkung) January 28, 2021
Today goes down in history.
I’m beyond trying to work within the system.
You should be too.
— russ (@RussellOkung) January 28, 2021
Even a broken clock is right twice a day. This kind of flagrant favoritism should provoke a bipartisan response – and for a change that might actually happen. House Rep. Alexandria Ocasio-Cortez and Senator Ted Cruz both support the idea of holding hearings.
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