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News from The Associated Press, and a taste of the great journalism produced by AP members and customers.

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    The Associated Press‏Verified account @AP 18 Oct 2021

    An SEC review says the mania for GameStop and other downtrodden stocks early in the year shows how much market power is being wielded by a new generation of novice investors armed with apps on their phones.http://apne.ws/MryHVDL 

    7:20 PM - 18 Oct 2021
    • 47 Retweets
    • 194 Likes
    • Dorothy King JH Leo Pattie kara blalock Kai Alpmann Shawn B BJ JM
    45 replies 47 retweets 194 likes
      1. BobbyC‏ @YeahMyBad 18 Oct 2021
        Replying to @AP

        I think that was the point for these novice investors. To demonstrate that the power shouldn't be completely in the hands of major investment firms.

        0 replies 1 retweet 58 likes
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      1. Mitch‏ @Mitchkq81 18 Oct 2021
        Replying to @AP

        👏👏👏👏👏👏👏👏👏👏👏👏👏

        0 replies 0 retweets 1 like
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      1. Brian Cairns‏ @briantcairns 18 Oct 2021
        Replying to @AP

        Tested the market system? It made great use of the system, screwing over the big guys for once...until Robin Hood shut it down to protect their billionaire friends.

        0 replies 0 retweets 28 likes
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      1. The Honorable‏ @bigtimewazever 18 Oct 2021
        Replying to @AP

        And on the other side, wealth destroyers - hedge funds.

        0 replies 0 retweets 11 likes
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      1. let's go for a drive‏ @todds444 18 Oct 2021
        Replying to @AP

        GameStop is smart. They don't want to insult the people inflating their stock so they can buy things.

        0 replies 0 retweets 1 like
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      1. diginationX‏ @DiginationX 18 Oct 2021
        Replying to @AP

        And those novice investors with apps on their phones bankrupted the hedge fund Citadel … you know, the pros. Lol 😂

        0 replies 0 retweets 7 likes
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      1. New conversation
      2. The #bitcoin Dude(HODL ₿itcoin)‏ @EZJunior1020 18 Oct 2021
        Replying to @AP

        Did they happen to mention the ($5k?) in stimulus, given, to, almost, everyone?!?!?

        2 replies 0 retweets 2 likes
      3. Soukie 2the Max‏ @SouSouSoukup 18 Oct 2021
        Replying to @EZJunior1020 @AP

        Huh?

        1 reply 0 retweets 0 likes
      4. Show replies
      1. New conversation
      2. Chris Mannis‏ @mannis_chris 18 Oct 2021
        Replying to @AP

        According to @GaryGensler and @SECGov people buying stock is the problem….

        1 reply 0 retweets 8 likes
      3. JellyJessJ.D.‏ @YuhNVious 18 Oct 2021
        Replying to @mannis_chris @AP and

        “poor people buying stocks is the problem” #fixedit

        0 replies 0 retweets 7 likes
      4. End of conversation

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