All of big finance and this unregulated crap. The financial regulations put in place after the great depression were put there for reasons. Nobody should be able to rig the market in their own favor but here we are.
Citadel, Virtu, Susquehanna, Point72, all the big banks that enable these parasite fucks, and many more slimey corrupt organizations. Oh and don’t forget mainstream media such as CNBC that run propaganda for them.
A biotechnology company accused Citadel Securities LLC, Susquehanna International Group LLP and other Wall Street firms of driving down its stock price through a series of illicit trading tactics.
This happens all the time. I know a guy who has worked in a few bio research facilities and each time he is excited about "stock options" and the company gets driven to 0 and bought out by a big pharma company. You do the research, you go out of business, big pharma buys you and profiits.
What would happen if all Amercans DRS all shares of every company they own? Like a bank run, but on brokers? We don't know about all the other companies that are getting shorted into oblivion that don't deserve it. Distrust the system? Maybe it's time to get out while you still can.
Trust me bro. But NWBO has a pipeline of things that are pretty fucking good. They have a decent investor following that have begged the company to finally do this.
Theoretical question, what happens if, say, a large number of unassociated retail investors, were to grab up large amounts of said biotechs stock, then move it to the companies registered custodian? Would a corporate takeover still appear inevitable?
Sooner or later enough people realize the game is rigged and nobody in government gives a fuck to correct it. Do you know what people do when they realize a game is rigged? They get pissed and flip the board. Ruining the game is preferable to playing it rigged.
Only problem is that flipping this board isn't that easy. Also most people don't want to understand how bad things really are. I'm continually amazed at how many things only work because people believe they do.
Wait you missed the letter making no accusations or using any stern words letting them know they are investigating the “incident” and will follow up (never)
Isn't it true that the criminal Kenneth C. Griffen of Citadel LLC lied under oath in a congressional hearing before the United States House of Representatives financial committee and has yet to be held accountable for the crime of perjury?
This is a bullshit hit piece against MM, like Ken Griffin who lied under oath. Everyone knows MMs provide a SERVICE to the market by providing INFINITE LIQUIDITY. It truly is God's work, as He intended it.
Trying to destroy a company actively working to treat brain cancer? Goddamn bastard just won a sham "humanitarian" award. Send this man to prison already and dismantle his evil empire.
This is like medical research, the kind that saves lives. Citadel is actively manipulating the stock of a Biotech company that is developing a breakthrough treatment for Glioblastoma, a serious type of brain tumor that kills 99.99% 93.2% of patients within 3-5 years, even with surgery, chemo and radiation treatment.
Citadel only have the cajones to do this because they've lined congress pockets and are exempt from so many rules and laws that their operations are all hidden from the public
I actually don’t think many people understand the role Covid played in this series…. Biotech is the most heavily shorted because A they rely on stock offerings to live until they get a product to market and B have to get approval for their drugs to be used (oversight just as corrupt as the SEC) . Look what happened to companies who didn’t even have a sellable product when they announced developing a Covid treatment. Literal hedge fund nightmare
i think they realized that a long time ago and set the 24-28 range as the optimal range for them, in terms of buying them time against the buy volume and DRS.
I still remember a post from long ago where Jim Cramer declared some biotech stock a "battleground" stock. IIRC, it had been targeted by hedge funds as something they could short into bankruptcy, and was being slandered by the media despite having decent clinical trial results for its drug.
Biotech/pharma are some of the most manipulated stocks there are. Almost daily occurrence you're seeing those companies up or down 50-90% on bullshit news or no news at all. Big pharma has a stranglehold on shitty treatment as a subscription and they'll be damned if someone wants to actually cure disease.
Exactly. Now would be the time. So this one doesn't get swept under a rug. The more these companies come forward, the fucking better. Bout time a company is standing up and saying something.
Why is this flaired Sh*tpost? It's Education. Seems like one of the few non-FUD articles on mainstream financial outlets I've seen relating to Citadel/Sus-quehanna.
Plaintiff Northwest Biotherapeutics Inc. (“NWBO,” the “Company,” or “Plaintiff”), by and through its undersigned attorneys, Cohen Milstein Sellers & Toll PLLC,
This is happening right now to a biotech firm I've got shares in. They are generating ~$40M per Q in revs, treating 2 cancer indications, yet the price is $0.36! Add to this that the FDA keeps putting up obstacles to further approvals (such as making them wait 2 years to submit data whilst big pharma only having to supply 6 months data for a similar trial and product).
I did a search through my halts excel file and this company has never halted, so whatever is going on there , I don't think it is directly related to the swaps basket
GG: Guys stop getting caught doing this! Vixen just dropped 10 new vids on PH. I don't have time to PR your bullshit every god damn day! Start criming better ffs!
Not gonna lie. The fact MSM is starting to put out articles addressing the crime that is currently going on is kinda teet-jacking. Especially with the photo containing Shitadel. ( . )( . )
yo the stock market is just a boomer game that used to have somewhat organized and privileged access, and now every assclown figured out it's easy to fuck with.
Wow, they actually printed something against two big hedgies. Is this them setting up the hedgies demise? This isn't anything we haven't known for 2 yrs. Now if only RC & co. would say something on behalf of us shareholders.
I hope they win and create a precedent. This isn't even capitalism anymore. It's purely manipulation of our businesses to further enrich the billionaire investor group.
Citadel?! Manipulating a stock price?! Unheard of. Shocking I tell you. What’s next Mr. Alarmist? You going try and tell us they haven’t closed their short positions.
I might sounds like a conspiracy theorist here, but I’m pretty sure there have been cures discovered or on the cusp of being discovered for all major diseases and illnesses, but when they get close something like this happens. You make a lot more money from treatment than a cure. I can’t wait til we can break the cycle, once these greedy fucks are in jail or living out of a cardboard box, we will be living in the year 3000. Cures for all diseases, sustainable food and housing for all, advanced technology that has been kept from us because oil makes more profit, all of these things I feel and hope that we will be able to finally bring to the public. Anyways I went on a bit more of a rant than I meant to but the point is hedgies r fuk, drs and hodl and let’s change the world.
I wish people would just take a note from our ancestors on what to do when a system fails to rid itself of corrupt entities, my god it would be glorious.
Why GME?
We need more companies to come forth with this. Citadel is a fucking menace and must be eradicated.
Citadel is cancer, and the man in charge is a sociopath & a psychopath!
Big facts
All of big finance and this unregulated crap. The financial regulations put in place after the great depression were put there for reasons. Nobody should be able to rig the market in their own favor but here we are.
WILL be eradicated through the fault of their own greed
Citadel, Virtu, Susquehanna, Point72, all the big banks that enable these parasite fucks, and many more slimey corrupt organizations. Oh and don’t forget mainstream media such as CNBC that run propaganda for them.
People are saying Citadel is a threat to national security...
Citadel is just a mole in whack a mole. The system is trash and needs replaced.
And here we have gamestop with huge drs numbers and they have yet to fight back.
Kenneth the Menace
But Kenneth just won a fancy award for being nice!!! 🤣🤡💩
Kinda unrelated but there’s a stock COSM and I read today it has an SI of 1000%
In this case Citadel is driving down the price of the stock so Big Pharma can buy the company and vault the cure.
A biotechnology company accused Citadel Securities LLC, Susquehanna International Group LLP and other Wall Street firms of driving down its stock price through a series of illicit trading tactics.
This happens all the time. I know a guy who has worked in a few bio research facilities and each time he is excited about "stock options" and the company gets driven to 0 and bought out by a big pharma company. You do the research, you go out of business, big pharma buys you and profiits.
Happened several times to companies I had invested in. Absolute bullshit. I lost money and we lost incredible research to curing diseases.
What would happen if all Amercans DRS all shares of every company they own? Like a bank run, but on brokers? We don't know about all the other companies that are getting shorted into oblivion that don't deserve it. Distrust the system? Maybe it's time to get out while you still can.
“Is curing patients a sustainable business model?” - Goldman Sachs
Trust me bro. But NWBO has a pipeline of things that are pretty fucking good. They have a decent investor following that have begged the company to finally do this.
Theoretical question, what happens if, say, a large number of unassociated retail investors, were to grab up large amounts of said biotechs stock, then move it to the companies registered custodian? Would a corporate takeover still appear inevitable?
Found this post on
Patents expire. If this was relatively true - you should be able to start up a new company and just search expired patents and then make it.
Sooner or later enough people realize the game is rigged and nobody in government gives a fuck to correct it. Do you know what people do when they realize a game is rigged? They get pissed and flip the board. Ruining the game is preferable to playing it rigged.
Only problem is that flipping this board isn't that easy. Also most people don't want to understand how bad things really are. I'm continually amazed at how many things only work because people believe they do.
Here's
My hero!
You the real hero! ☝🏼
Citadel, Susquehanna, G1, Virtu? The Usual Suspects!!!
Next time he tries to lecture us about playing with teachers pensions can somebody punch him in the face with this article?
Yeah that was a bad day.
shame citadel has such good lawyers.
[удалено]
Hundreds! 😯
Tens of dollars realistically. Sad part is, the fines are a product of doing business and whatever they pay will be a tax write off
“I didn’t know I couldn’t do that”
And revoked pornhub premium subscriptions
Maybe, some mild warnings to not do that again while the line gets moved.
Hello my billionaire brother, this is GG. Slip me a million and I’ll fine you $1,000.
hundreds??? i was thinking dozens is harsh enough.
In 2035.
Omg how will they ever survive such a heavy penalty
And maybe some intern that only served coffee at a meeting where the crime was being discussed will have to do a weekend in a super max luxury prison.
Call it piles of dollars and we've got a deal
Wait you missed the letter making no accusations or using any stern words letting them know they are investigating the “incident” and will follow up (never)
Is this the same Citadel Securities that’s being ran by the criminal Kenneth C. Griffin (Ken Griffin)?
Isn't it true that the criminal Kenneth C. Griffen of Citadel LLC lied under oath in a congressional hearing before the United States House of Representatives financial committee and has yet to be held accountable for the crime of perjury?
Oh, isn't that the same Ken Griffin who's crimes are supported by the
Banned for spoofing in China.
You don’t say!
I for 1 am SHOCKED!
[удалено]
Is it just me or could you just change "Northwest Biotherapeutics" with "GameStop Corp." ?!
Thank you
No way. A MM manipulating a stock? Surely we all know the market is fair and there is zero crime involved...
fair and free markets is 100% true 💀
This is a bullshit hit piece against MM, like Ken Griffin who lied under oath. Everyone knows MMs provide a SERVICE to the market by providing INFINITE LIQUIDITY. It truly is God's work, as He intended it.
Its illegal to manipulate the markets so surely this cannot be true? Fake news
Surely they’re called Dark Pools because there’s definitely nothing to see in there
Why is this tagged as shitpost? It’s news.
Shitpost and NSFW, don't think either apply
was wondering same
Everything involving Citadel is shit?
Reality is a giant shitpost at this point so it's accurate
Probably because it's wall street journal
The 1% trade companies like average people trade stocks. They pick the winners and losers.
Spoofing trades to drive down price? That is just business as usual for these "market makers". After all, they are making the market prices, right?
Fuck Citadel and Ken Griffin.
Susquehanna and citadel. Partners in crime. You're a douche Jeffy Yass Hope you go broke.
No way this honest soul of Kenneth Cordelle Griffin would fucking use every opportunity to manipulate and lie to everyone
Paywall and click free:
Oh, I thought that was standard practice across the board? Buy, HOLD, DRS
Imagine that!
Trying to destroy a company actively working to treat brain cancer? Goddamn bastard just won a sham "humanitarian" award. Send this man to prison already and dismantle his evil empire.
Biotech company? More like a cult!!!1111 /s
I appreciate the /s, but please don't even joke like that.
is this like silver?
This is like medical research, the kind that saves lives. Citadel is actively manipulating the stock of a Biotech company that is developing a breakthrough treatment for Glioblastoma, a serious type of brain tumor that kills 99.99% 93.2% of patients within 3-5 years, even with surgery, chemo and radiation treatment.
A bit of a self plug:
I had that one saved, great post!! This seems like a very similar situation.
I was just searching for that post to send to a friend. Glad I stumbled onto this, fellow scientist!
You beat me to the post. Great job.
NSFW?
Why is this marked NSFW?
It should be marked NSFL because they are shorting a GBM cancer research organization.
Sub reddit should file an amicus brief with these guys.
Just like those large lot bid and ask from XPHL and BATS every damn day for GME. Always there, never get filled.
So.....
Citadel only have the cajones to do this because they've lined congress pockets and are exempt from so many rules and laws that their operations are all hidden from the public
I actually don’t think many people understand the role Covid played in this series…. Biotech is the most heavily shorted because A they rely on stock offerings to live until they get a product to market and B have to get approval for their drugs to be used (oversight just as corrupt as the SEC) . Look what happened to companies who didn’t even have a sellable product when they announced developing a Covid treatment. Literal hedge fund nightmare
NWBO has a chance of beating them: Novel cancer therapy ready and BuyOut by big pharma could be imminent. Shorts are toast
Its nice when people finally realize.
abusive naked shorting with Kenneth Cordele Griffin the financial terrorist who lied to congress under oath, the next chapter
Curious to see how they plan on proving it
I forgot to say this in my comment too. Thats what they need to show, THE PROOF.
Boy are they in for a shock when they find out this is a daily occurrence across almost every stock market.
You don't say
I thought that was SOP.
It is written in their missions and values. I think someone wrote a training doc on it.
I thought only crypto was manipulated
I wish they'd spoof GME like this. Too bad they probably learned we have buy orders set up all the way down.
i think they realized that a long time ago and set the 24-28 range as the optimal range for them, in terms of buying them time against the buy volume and DRS.
I still remember a post from long ago where Jim Cramer declared some biotech stock a "battleground" stock. IIRC, it had been targeted by hedge funds as something they could short into bankruptcy, and was being slandered by the media despite having decent clinical trial results for its drug.
Biotech/pharma are some of the most manipulated stocks there are. Almost daily occurrence you're seeing those companies up or down 50-90% on bullshit news or no news at all. Big pharma has a stranglehold on shitty treatment as a subscription and they'll be damned if someone wants to actually cure disease.
Stock market participants should file the biggest class action ever, against Citadel...🤷 Just thinking out loud.....🙄
Why cant gamestop make these kinds of report ?
Exactly. Now would be the time. So this one doesn't get swept under a rug. The more these companies come forward, the fucking better. Bout time a company is standing up and saying something.
First time?
Paywall for those interested
Sounds like the should fund their research through NFT’s
Why is it marked as a shitpost tho?
Mayo Market Manipulator got his naked feet in on everything.
Who would have guessed?
Of course they did.
Why is this flaired Sh*tpost? It's Education. Seems like one of the few non-FUD articles on mainstream financial outlets I've seen relating to Citadel/Sus-quehanna.
Thanks for all the awards, apes! Save them for DD writers!
Some say curing cancer is not a profitable business model. - Love Goldman
Why couldn't Gamestop just sue them for the same reasons?
Found the lawsuit:
Plaintiff Northwest Biotherapeutics Inc. (“NWBO,” the “Company,” or “Plaintiff”), by and through its undersigned attorneys, Cohen Milstein Sellers & Toll PLLC,
We should send them DD and the market indicators
This is happening right now to a biotech firm I've got shares in. They are generating ~$40M per Q in revs, treating 2 cancer indications, yet the price is $0.36! Add to this that the FDA keeps putting up obstacles to further approvals (such as making them wait 2 years to submit data whilst big pharma only having to supply 6 months data for a similar trial and product).
Bailiff!?! Wack his pee pee
Does Northwest Bio need witnesses to testify about the crime? I know a whole subreddit of people available
Lol, bout to get a nice reminder of why Ryan Cohen isn’t going this route
Well well well. Isn't it the mayo boi, gambler, and co doing crime 🤔
Here's the archive link if you don't feel like giving clicks to the Murdochs
Pickachu Shocked face. I cannot believe it.
Honest question…. Why hasn’t gamestops legal team also done this?
“Finally”
You don’t say…
This is the way!!!
We should direct this company to our archived DD library.
The SEC, FBI and DOJ are powerless to stop them. They are ultra rich white men in suits. Maybe cross-post to PornHub for visibility?
The law firm has lunch with all of them! DOJ, SEC, Fed, Citadel, Loop, Wolverine, all within 3 blocks in Chicago
Citadel are the walking dead.
“Finally”
I did a search through my halts excel file and this company has never halted, so whatever is going on there , I don't think it is directly related to the swaps basket
Would be nice if when we Moass, apes come together to help these companies from these attacks
All my homies fucking hate citadel
Fucking despicable scumbags. I want to see them all burn to the fucking ground. How fucking sociopathic do you have to be to do this shit?
the musics gonna stop soon, and citadel is not gonna have a chair
this is/was happening to Novavax! SP always dropped on positive news!
GG: Guys stop getting caught doing this! Vixen just dropped 10 new vids on PH. I don't have time to PR your bullshit every god damn day! Start criming better ffs!
I don't know, sounds like illegal activity to me. As we all know, everything is legal when you own law-makers.
Wow...what a fucking shocker.
Not gonna lie. The fact MSM is starting to put out articles addressing the crime that is currently going on is kinda teet-jacking. Especially with the photo containing Shitadel. ( . )( . )
I've been hodling 1200 shares for 2 years. It has been a very confusing ass kicking.
yo the stock market is just a boomer game that used to have somewhat organized and privileged access, and now every assclown figured out it's easy to fuck with.
Impossible, NO way. No such thing as market manipulation. SEC is on top of it. Synthetics just don't appear from thin air. Media lying again. 🤣🤣🤣
Is this why crypto billionaires keep dying mysteriously?
Hold my beer
Why Gamestop haven’t done that yet ?
Lol get in line.
Then it should get investigated. Being quite will do nothing. Make some noise!
Wow, they actually printed something against two big hedgies. Is this them setting up the hedgies demise? This isn't anything we haven't known for 2 yrs. Now if only RC & co. would say something on behalf of us shareholders.
All my homies hate Citadel and Susquehanna
Well, Biotech, get in line
I hope they win and create a precedent. This isn't even capitalism anymore. It's purely manipulation of our businesses to further enrich the billionaire investor group.
There is no hope for humans, we are truly despicable
Yup. Neat, huh?
Citadel = massive parasite
DRS for the win
Bio tech is always the easiest target
12k upvotes and I don't see it on popular at all. We're essentially shadowbanned from reddit except for Cohen tweets and memes.
I would just like to say that I am definitely not advocating for violence against people and companies that choose profits over human lives.
Hope they die of a disease the company was researching a cure for.
Market Breakers
Happens all they time. They make billions and if they get caught they pay a few million in fines. Pretty good gig if you can get it.
And now watch them get away with it
Good. It'll be a shame if retail can help support this.
Citadel?! Manipulating a stock price?! Unheard of. Shocking I tell you. What’s next Mr. Alarmist? You going try and tell us they haven’t closed their short positions.
I’m shocked. Citadel and Ken Griffin would never do this.
Too bad they don‘t have a crowd buying up their stock and drs it
I might sounds like a conspiracy theorist here, but I’m pretty sure there have been cures discovered or on the cusp of being discovered for all major diseases and illnesses, but when they get close something like this happens. You make a lot more money from treatment than a cure. I can’t wait til we can break the cycle, once these greedy fucks are in jail or living out of a cardboard box, we will be living in the year 3000. Cures for all diseases, sustainable food and housing for all, advanced technology that has been kept from us because oil makes more profit, all of these things I feel and hope that we will be able to finally bring to the public. Anyways I went on a bit more of a rant than I meant to but the point is hedgies r fuk, drs and hodl and let’s change the world.
I wish people would just take a note from our ancestors on what to do when a system fails to rid itself of corrupt entities, my god it would be glorious.
Future headline “Biotech company gets payback on citadel by drsing gme”
$100 fine.
After everything we've learned over the past two years, why would anyone ever willingly take their company public?
Can anyone copy+paste the article?
Shocking…🙄
RC and any company with evidence should jump on this too.
What kind of article is this. Not a mention of other west slaps they received in the past.
Hmmm. Not sure I buy that. Doesn't seem like their MO
TWTR apes spread this like wild fire and tag Citadel and Sus
No fucking shit? Why wouldn't they? The fine from this lawsuit will probably be .01% of the money they made off trades.
Why label it as shitpost?
Good luck to them, they are about to get demolished by Citadel’s lawyers 😔
Color me surprised.
Its more remarkable if you are a company that HASNT had Citadel n big traders manipulate your price...
add it the basket and then we are a family.