Steve Cohen-backed start-up bets on 24-hour trading so investors can react instantly to tweets (cnbc.com)

The way I see it this drastically harms individual investors not even just retail investors, It would harm even individual accredited investors. 1 person can not be awake 24 hours. In the current system 1 individual investor may not have the same advanced algorithms or knowledge about sectors or single companies but has the same numbers of hours to react to market events as a Family Office, Hedge Fund or Investment Firm in the Stock Market. 24 hour trading would hand an insurmountable advantage to FOs and HFs etc etc as they have the budgets to break up to the 24 trading session into three 8 hour or four 6 hour periods for example and hire teams of people to work analyzing the market and doing everything that occurs during a normal trading day. If there is going to be radical changes to financial markets then the most sensible first step is to have 7 day trading every day. That way even if a retail investor doesn't have the time to be attentive to the stock market on weekends at least they could re-cap weekend trading on Monday or Tuesday after the market closes or something.

Hello Apes and welcome to the evening news. Tonight's story is one brought to us by u/stonkyagraha. Thank you stonkyagraha for this excellent tip. If you have a tip to submit, post it in r/WeAreAPE for us to dissect and report.

Maxine Waters on 07/28/2021 proposed a bill for market transparency, in her speech referencing GameStop and the naked shorting situation. Representatives Bill Huizenga, Anthony Gonzalez, and Ann Wagner were the only 3 detractors to vote against the bill. Maxine argued admirably in defense of the bill, but ultimately her hands were tied by the naysayers on the committee. u/stonkyagraha discovered through the FEC.gov publicly available data that by strange coincidence these 3 naysayers also received monetary donations to their campaigns from Ken Griffin and Steve Cohen.

Watch the video from the Official U.S. House Committee on Financial Services Youtube Channel https://www.youtube.com/watch?v=2Wzt-SMH744&t=15708s

Check the FEC.gov releases regarding the campaign finance contributions to the 3 naysayers who voted against market transparency as it relates to the GameStop naked shorting situation:

Donations by Ken Griffin to Bill Huizenga's campaign: https://www.fec.gov/data/receipts/individual-contributions/?committee_id=C00459297&contributor_name=griffin

Donations by Steve Cohen to Bill Huizenga's campaign:: https://www.fec.gov/data/receipts/individual-contributions/?committee_id=C00459297&contributor_name=Cohen

Donations by Ken Griffin to Anthony Gonzalez's campaign: https://www.fec.gov/data/receipts/individual-contributions/?committee_id=C00654079&contributor_name=GRIFFIN%2C+KENNETH&contributor_employer=CITADEL%2C+LLC

Donations by Ken Griffin to Ann Wagner's campaign: [https://www.fec.gov/data/receipts/individual-contributions/?committee_id=C00495846&contributor_name=GRIFFIN%2C+KENNETH&contributor_employer=CITADEL%2C+LLC](https://www.fec.gov/data/receipts/individual-contribut

Hmm I wonder who buck could possibly be referring to lol

"Coinbase to create its first NYC office" https://nypost.com/2021/06/13/coinbase-to-create-its-first-nyc-office/amp/

Coinbase has quietly subleased 30,000 square feet from Steven A. Cohen’s Point72 Asset Management at Related Co.’s 55 Hudson Yards, sources reported.

Edit as this is gaining some traction:

Those of us from stonk sub understand the benefit of DRS and removing shares from broker/dtc to your own name. We give brokers our money, they take it but do not buy the shares. DRS solves this.

The same thing is likely happening with coins. Rh / coinbase etc take your money and put a number on your portfolio.

The counterfactual wallet is coming soon and it is important we all make use of it. It is the coin version of DRS.

SAVAges, I have seen several video on YouTube about short edges funds being possibly short on SAVA but I have found that sometime they lack facts & data. Evidence only exists when revealed. Let's dive in some history with links and screenshots and educate everyone who cares reading 15min.

And let's give you some good links to bookmark and explore from as well if you enjoy tracking which Hedge Fund owns SAVA long or short.

>Anyone trading SAVA should know how much drama has existed on the AD stocks in the past - eg 12+ years ago. A story of hedge funds, FBI and jail (and Phase 2 failure for Elan Wyeth bapineuzumab).

TLDR; Back 2008, Elan & Wyeth were working on AD Phase 2 bapineuzumab. Martoma, trader at hedge fund SAC (led by Steve Cohen, now heading new hedge fund Point72) was long and had made his boss long as well (gaining an extra bonus incentive due to how SAC was structured). So far so good but sadly he had used insider information to gain that position - which is forbidden by law. When Phase 2 results where bad, he got insider trading again to unload in dark pools and turn short right before the news was released at the AD congress.Avoiding a $500+ million loss and turned into into a $200+ million profit for SAC - as they managed to quietly unload both Martoma and Steve position in dark pools - but things went to court, SAC had a ban, Martoma was fired, and went to Jail (circa 2014 and exited jail only in July 2021 after failing twice to get an early exit).

The FBI has been on it, and yes, Hedge Fund SAC owner Steve Cohen started another Hedge Fund later - Point72. This does not mean Steve or Point72 is short on SAVA - but others Hedge Fund likely are. And they are greedy dreaming about SAVA failure, just like we SAVAges are keen to see its success, not just for profit but for mankind after 30+ years of AD failure (so does Remi).

>Side note - but could not research this deeply - looks like bapineuzumab has a link to Biogen, or that Biogen acquired that molecule which has some commonality with aducanumab... No comment, about Biogen - just search Biogen FDA in google for the investigation ongoing and read 2018 slide - https://investors.biogen.com/static-files/e226daee-37bd-45ce-b2e6-3843edd669dd

This is all fact and data. Screenshots for your reference and links if you want to read more below. This is covered by a great video from Front

Title says it. There was an interview that is strangely difficult to find now.

 

^(Word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit word limit.)

Of course, this is from the PBS FRONTLINE Documentary

Time Stamp 45:00 minutes

Before The Mets, Steve Cohen Was The Hedge-Fund King | FRONTLINE (full documentary)"

LINK: https://www.youtube.com/watch?v=1szayJV505M&t=1094s&ab_channel=FRONTLINEPBS%7COfficial

The System is totally corrupt and needs to be changed completely.

Hedge Funds should be under a tight grip and fully prosecuted if they collude with reporters to publish fake news to manipulate the price of a stock.

Until Now the new SEC chair GARY GENSLER has done NOTHING LITERALLY NOTHING TO IMPROVE THE MARKETS and protect Retail Investors from greedy FINANCIAL TERRORISTS like: STEVE COHEN, KEN GRIFFIN, Gabriel Plotkin and many others.

HOLD YOUR GME SHARES, THIS IS HOW WE WILL CHANGE THE SYSTEM.

HOLD AND DRS.

MOASS IMMINENT

In November 2013, hedge fund giant SAC Capital agreed to plead guilty to what prosecutors called “insider trading that was substantial, pervasive, and on a scale without precedent in the history of hedge funds.”

Trading is hard for our boy Stevie Cohen...

Before The Mets, Steve Cohen Was The Hedge-Fund King | FRONTLINE (full documentary)

---

Here are the facts:

1. Steve Cohen owns the New York Mets (my beloved team). He bought the team after arguably the worst owners in sports, the Wilpon family, finally sold a couple years ago. They were friends with Bernie Madoff, who screwed them over and hamstrung the team’s finances for the last 10 years or so. Now they are owned by another PoS.
2. Steve Cohen is also likely deeply embroiled in the GME mess on the short side. Gabe Plotkin is his protege.
3. Steve Cohen has suddenly dumped obscene amounts of cash into the Mets this week. He has signed 4 players to big contracts (worth over $250 million) in the last 4 days, including giving out the largest contract in the history of baseball to a 37-year old pitcher (albeit a first-ballot Hall of Famer) in Max Scherzer.
4. Steve Cohen's Mets now have the highest payroll in baseball by far, and all signs point to them dishing out even more cash in the coming days.

All this leads me to ask: is this a move to dump as much money into his business as possible so it’s taken off his own books before an imminent event that brings his personal finances into limbo? Is it similar to what Kenny did with the Constitution, dumping millions into an asset so that money can’t be taken away?

And finally, it begs the question: Does Steve look better with hair, or without???

https://preview.redd.it/aadc9jc2cm281.png?width=560&format=png&auto=webp&s=50b2003da341b3305d0463d58de41f74e9283dc5

https://www.youtube.com/watch?v=1szayJV505M

DRS is the way!