**** I AM NOT TELLING YOU HOW TO SPEND YOUR MONEY, I REPRESENT NO ONE BUT MYSELF, THESE ARE MY THOUGHTS AND IN NO WAY SHOULD BE INTERPRETED AS FINANCIAL ADVICE ****
Daily, I am watching the 1% battle each other with money, and the closer it comes to an end, the more I feel that this is somehow connected to everything.
Short story: GME (GameStop stock) has been heavily shorted (bet that the stock price would fall) for a long period of time, to the point that more than 100% of the available shares have been “lent out” and have created counterfeit stock. Normally this is illegal, but if you’re making billions, a $1 million fine is just the cost of doing business. Yadda yadda yadda.
So the 1% have been using this loophole to make billions of untaxable dollars. That’s right, when a business fails, some douche on wall street makes billions. Well they got caught with their hands in the cookie jar, and got a little greedy with all the businesses that failed during the pandemic and saw GameStop as nothing more than another brick and mortar store that would fail.
The problem is that it’s not gonna go bankrupt, and they don’t want you to know the truth.
They went and lied on national television, risking prison time for stopping the rise in January. Billionaires cried on television ? and they want you to believe they covered, but they told Congress that the price didn’t rise because they were covering their shorts.
They spent millions to buy accounts and spread fear, uncertainty, and doubt to every corner of the internet. Telling people to sell their positions now. They paid the media to do the same, preparing articles 12 hours ahead of time for a price drop the next morning.
The biggest thing in my opinion is the 10 minutes edited from the congressional GameStop hearing on CNBC website
https://youtu.be/d2DU6DXfGPM This is the edited version
https://youtu.be/imRzHXRq80I Here is the original
Something big is about to happen and I believe we need eyes on this. It’s a major happening going on coincidentally along side everything else.
I am buying gamestop to lose money.... Because I want these assholes losing money.. Goodluck to you all making rent off this! Im buying and forgetting I own it..
Ill still have it when its .01 a share.
Same here. Currently 5k in gains. I can lose it all tomorrow, I won’t lose any sleep.