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Ian discussing GameStop; reposting here from the Money forum
Posted on 5/14/24 at 8:14 pm
Posted on 5/14/24 at 8:14 pm
Politics and finance go hand n hand.
This guy explains what is going on in a very simple and quick video.
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If tweet fails to load, click here. This guy explains what is going on in a very simple and quick video.
7
Posted on 5/14/24 at 8:51 pm to GhostOfFreedom
No lie. Post of the year nominee. This dude lays it out pretty simple. Buckle up boys
Posted on 5/14/24 at 9:04 pm to GhostOfFreedom
Next bailout coming soon
Posted on 5/14/24 at 9:15 pm to GhostOfFreedom
Gordon Gekko meets The Big Short.
If what he says is true about the interconnectedness of the positions and the balance sheets of the FIs with the derivatives... ouch.
If what he says is true about the interconnectedness of the positions and the balance sheets of the FIs with the derivatives... ouch.
Posted on 5/14/24 at 9:31 pm to GhostOfFreedom
Can the investment companies protect their stock short sales by putting some kind of a stop loss on the price?
Posted on 5/14/24 at 9:34 pm to TerryDawg03
I’m no expert. But, with commercial real estate about to shite the bed, the crap ton of money we’re sending everywhere but here, and the ever second rising deficit, the only way to stop what this guy is talking about would be another halt or freeze on trading. That might be enough to piss off people enough to do something
Posted on 5/14/24 at 9:37 pm to GhostOfFreedom
I like the stonk
Posted on 5/14/24 at 9:45 pm to GhostOfFreedom
Lol. I followed that story when it first started. Had no idea it was still going. The liars commissioned media coverage to lie for them about having closed out their shorts? This guy is right. F__k them. Diamond hands to destroy their temples.
Posted on 5/14/24 at 9:52 pm to SquaringCircles
I agree with you. But it does mean …. I need a beer.
If no one bends …. Another beer.
If no one bends …. Another beer.
This post was edited on 5/14/24 at 9:54 pm
Posted on 5/14/24 at 9:56 pm to Sofaking2
quote:they can only buy back at whatever the price is, or continue to pay interest on the “loan”.
Can the investment companies protect their stock short sales by putting some kind of a stop loss on the price?
But here is a major secondary issue.. There are 300% more “shares” floating than there are actual shares. Yes, that means there are counterfeit shares. The reason banks/hedge funds do this is they “sell” a share without actually owning it (profit) and then never have to provide that share once the company goes bankrupt. The longer GME never goes bankrupt, and in fact increases in price…it gets worse exponentially. This is why all the apes (common plebes) will never sell.
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If tweet fails to load, click here.This post was edited on 5/14/24 at 10:04 pm
Posted on 5/14/24 at 11:47 pm to GhostOfFreedom
Good video
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