Wish there was a way I could help those who are driving the markets down.

Short term pain if it can help reveal the corruption in our banking institutions as well.

Banking, Tech, Academia, Media, and Politics. The 5 main cruxes?

Suicide weekend might start with big banks....lol

Anonymous (ID: i5ce5Ode) 01/28/21(Thu)06:05:54 No.26804823▶>>26805961

26804499 Which fund do you work at??

ALL IN ON GAME STOP!!!!!

26804505 Finally: it is not over. The securities are due on 1/29. There are two full trading days to go. If the present rate continues, Gamestop will be worth $54 billion @ $794/share this time tomorrow and worth $122,360,000,000 @ $1,588/share when the security is due. For context, the world's largest hedge fund is only worth $140 billion and would have to bust to close all their debt - but we haven't factored in interest yet.

At the standard rate is about $1.2 billion... but remember that because not all the shares are available the interest compounds. For 5 rounds of stock buying (again assuming a willing creditor willing to let them wash back the original stock like this) this comes out to about 25% interest which is something like $30 billion. No hedge fund has $150 billion. Thus, it is impossible for any hedge fund to pay the debt unless they all decide to magically pool their resources and ignore interest. And that the creditor is willing to go along with this. This is all very unlikely.

So basically by sunday gamestop will be worth as much as the largest company by market cap ($400 billion) and by next Wednesday Gamestop will be worth more than Apple and become the most valuable company in the world. By Feb 5th it'll have surpassed the East India company to become the most valuable company in world history at $9 trillion.

And this will be with zero actions by gamestop's management, as they have no ability to affect this.

By Feb 7th, Gamestop will be worth more than the entire US economy. By Feb 11th it will be worth more than the entire world economy.

And this is still before interest the short sellers must pay back using whatever stock the creditor has.

Boom boom boom. Wait till the smoke clears and all is revealed.

I can and do imagine very big.... ?

WWG1WGA

This Boomer love incoming booms. Git Some!

Should I be moving my 401k to secure holdings? Or ride this out?

how does this maintain momentum

now that Robinhood has stopped trading on it's platform.?

have the investors moved elsewhere ?

All this post did is confirm what I've know most of my life. The stock market is a joke. Its a system made up by bankers to benefit bankers. They literally barrow money from each other that does actually exist. Then profit off that non-existent money and give it back. Its a giant joke on the little people who have to work at real jobs.

the uptick rule is the target

https://www.investopedia.com/articles/investing/110614/why-short-selling-legal-brief-history.asp

Good explanation.