Donald Trump Jr. defended the populist investing movement rallying to buy stock in GameStop on Thursday accusing the system of being “rigged.”
“It took less than a day for big tech, big government and the corporate media to spring into action and begin colluding to protect their hedge fund buddies on Wall Street,” he wrote on Twitter. “This is what a rigged system looks like, folks!”
It took less than a day for big tech, big government and the corporate media to spring into action and begin colluding to protect their hedge fund buddies on Wall Street. This is what a rigged system looks like, folks! #RobinHood #RedditArmy #GME #GMEtothemoon https://t.co/UhrwGHCjng
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
Trump Jr. shared a post on Twitter from Barstool CEO Dave Portnoy who challenged the popular stock market trading app for blocking trading of GameStop stock as well as AMC, Blackberry, and Nokia.
“Somebody is going to have to explain to me in what world RobinhoodApp and others literally trying to force a crash by closing the open market is fair?” Portnoy asked. “They should all be in jail.”
Trump Jr. also marveled at the WallStreetBets Reddit group for acting like a major hedge fund.
“[T[hey just aggregated enough small retail investors in an open forum to move markets just like the big guys,” he wrote. “It’s actually amazing to watch!!!”
He’s not wrong… they just aggregated enough small retail investors in an open forum to move markets just like the big guys. It’s actually amazing to watch!!! #GME #GMEtothemoon https://t.co/kfs9mZy9QI
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
As more populist rage continued building against the Robinhood trading app, Trump Jr. criticized the SEC.
I wish the SEC had as much of an issue with Insider Trading as they seem to have with Outsider Trading.#RobinHood #GameStop #wallstreetbets ὨὨὨ
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
“I wish the SEC had as much of an issue with Insider Trading as they seem to have with Outsider Trading,” he wrote on Twitter.
Yea I don’t recall the part of the story when Robin Hood sells out and starts to be a mercenary for the crown…
Apparently everyone has a price. #ToTheMoon #GameStop ὨὨὨ https://t.co/WPeItjQi9q
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
He also joked that pigs must be flying after Rep. Alexandria Ocasio-Cortez and Rep. Rashida Tlaib appeared to agree with his criticism of Robinhood.
Seriously…. I'm going long on Flying Pigs… #GameStop #ToTheMoon ὨὨὨ https://t.co/fZMFq0xYag
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
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