Worldwide baby!
(media.greatawakening.win)
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No, they currently OWE the stocks (i.e. they've already borrowed the stocks and then sold them) back to the banks/clearing-houses. If the assholes "change stocks", then the assholes immediately realize the loss. That's exactly the problem these firms are in now. (And why most decent financial advisors would steer all normal clients away from short-sales).
And since GME value above $100+ was way way outside of the realm of possibility, these firms are beyond their capacity to realize the loss (i.e. their firms can't get loans big enough).
Problem is, these firms did this shit when the stock was a couple bucks. To make even a modest return, they have to short a very large number of shares. So they are in a very precarious position. Each +$1 in value has a massive multiplicative negative effect on their bottom line. To make matters worse, the magnitude at which they did this appears to have been an attempt to artificially drive the stock down to force their win (many would argue this is a type of market manipulation ... which is why seeing these firms squirm is so delicious). They never counted on a bigger fish (or school of fish) targeting them with their own game at the right moment when it hurts them the most.
If you or I short-sold a stock, and it jumped even modestly (say 10%+), my understanding is that where we borrowed from would in some cases immediately call for the stock to be returned (i.e. a "call"), forcing us to immediately take that loss. Since these ultra-rich play by different rules, they have a bit more time than us normies would. But my understanding is that after Friday, even those special rules run out.
It's even better that the assholes know exactly what 4chan-ers are doing, and know that the 4chan-ers have no desire to hold GME long term ... and that GME will go back down at some point. However, the assholes are hostage in their own devious plan.
You are right regarding the number of potential companies to collapse. The timing is ripe for this to be the first artificial bankruptcy they planned, and they could be intending to take the profits and hit the next company harder (or hit a larger company), so on and so forth ... enough companies and they trigger a recession (frankly, it should be considered financial terrorism). Hell, with enough resources, the assholes could potentially purge the market of almost every company they want ... i.e. ensuring the market/economy is only progressive followers.
I meant that attempting to trigger a recession through mass-bankruptcy of struggling companies via predatory market short-sell collision (i.e. what the Hedge Funds could be planning) should be considered Financial Terrorism.
Excellent analysis.
So the sheep defending themselves is terrorism? How much meaning is that word about to lose? ???
That's not what I meant. I meant this targeted over-shorting to kill companies.
So did I. Some of us are tired of that word association game.
I appreciate your insight and knowledge into all of this. However, I don't think targeting the predators at their game, within the law, is terrorism....
You didn't understand what OP meant.
The hedge fund companies are the terrorists attacking businesses on the brink by artificially deflating their stock prices to profit, regardless of what happens to the businesses, their workers, and the little guy investors.