Okay, can you briefly explain what this means -- for those of us unfamiliar with how this works? Can you explain it to me like I'm 8? How about like I'm 5? :D
So Citadel has been a bad boy, manipulating the stock market and have been throwing money trying to suppress GameStop stock because they and others have a MASSIVE short position that will need to be covered eventually (probably once the price hits $212 ... again) and that time seems to be coming closer every day.
Well a lot of things have been in motion behind the scenes and everyone has been speculating what and how this is going to end, but a short squeeze is inevitable and the only thing that had kept a lid on it was Citadel and friends shorting the stock and lying about it.
Pretty much these guys wanted GameStop to go bankrupt and they would receive billions. It’s not gonna go bankrupt, and covering their position will collapse the market because no one bothered to regulate them since... ever.
All eyes are on this now. And a share recall for GameStop is on the horizon because they are transforming themselves and want to hold a vote for shareholders. They want to account for their 70~ million shares. But ownership of GME between institutions and regular people is greater than 140%. Some big brained people have crunched the numbers and there is quite possibly >200 million shares out there because of the naked shorting. And all of that has to be bought back.
Brings us to supply and demand. They have to buy these shares back. At whatever the market wants. At whatever the market wants. At whatever the market wants. And if they can’t buy it? They will be shut down and liquidated and the shares will be bought, at whatever the market price is until everything is gone and the next person in line has to be liquidated (I think their banks next, then the DTCC and after then it’s the federal RESERVE but idk if it’ll get that far)
TL:DR they did illegal stuff and have been manipulating the media and the stock market to keep it suppressed. Now they might be Margin Called and forced to buy back shares. You would be up at 3am Sunday morning too if you’re going to be responsible for possibly the largest transfer of wealth in the history of mankind.
Its not the federal government, its the Federal Reserve, which has nothing to do with the US government, but is a private corporation owned primarily by the London Bankers and their brood.
The chain of custody goes all the way up to the tippy top of the real wealth of this world. If its allowed to get that far (because the Patriots are in control?) before the entire system is ground to a halt, it's going to be interesting to see what happens to the wealth of the real worlds rulers. GME payouts could theoretically (legally) be the entire real wealth of all of them put together ($1 quadrillion dollars?).
My bad, lemme fix that I was up late, and thank you! I have some super suspicions that all this is connected to things but it’s just so wild and crazy!
Ahh, interesting. Thanks! I had heard about the Gamestop stuff but didn't fully understand what was happening. I very much appreciate you taking the time to explain it all, fren. Pretty wild.
Sounds like that scene in The Devil’s Advocate when Keanu goes into the office late at night and one of the other lawyers is in a shredding frenzy with all his staffers to destroy evidence.
Well, the apes over at the superstonk/GME reddit believe the employees there are working overtime because the squeeze is finally going to be squoze and panic is ensuing in the office. It was also found that employees were staying late at a JP Morgan location tonight, a bank that just recently issued over 10 billion in bonds. These bonds are believed to be money needed for the incoming squeeze and market crash. There are tons of other strange financial happenings as of late as well. Like many have mentioned, those following GME have a similar aptitude for noticing coincidences and connecting them to a bigger picture.
DFV exercised his options friday and tripled down, lots of yolo posts that day as well. Big bullish energy for next week, not gonna datefag but next week might be it, feel it down in the plums, tension is palpable. The movement over GME is incredibly similar to MAGA. Lots of folks over there noticing the bullshit in media and that they are merely a mouthpiece for the highest bidder, fending off shills and whatnot attacking the site. Hopefully its opening some minds to more than just stock manipulation, quite fascinating the parallels.
What suggestions do you have for financial preparation? I really don't know who one prepares for such a catastrophe. You can store food and water, but what do you do if the monetary system goes down?
If you have no silver, get as much cash into the house as possible and reasonable for your size family. For what is coming I would have at least 50oz of silver per person if possible. Get food that can last a long time, rice, beans what ever. And plenty of lead.
Do you have a barter skill or product? A friend of mine makes moon shine to barter with, I do something else.
PLANT a garden this year, start to get to know local farmers and farmers markets.
Also have communications plan, if phones go down have everyone meet up, regroup. Get to know which neighbors you can trust. Don't be scared, just stay alert.
Avoid datefagging. Buy buy hold
If pedes are going to hop on the rocket keep a few things in mind.
The market will have spikes. It is citadel trying to fool you into selling early - don’t fall for it! When it plateaus sell one share at a time as its falling. This will keep the peak going as long as possible. Selling all at once causes the price to drop.
I am not an expert and this is not financial advice. Doing it this way helps those who have only one share have a chance at a life changing return.
On Reddit r/superstonks and r/gme there is some really good information. They may not say WWG1WGA but they are living it using this strategy.
Friendly reminder that Jen Psaki’s cousin, Jeff, who grew up in the same town as her, currently works for Citadel and worked for Lehman Bros. during the ‘08 crash.
They wiped Jeff’s grandpa’s/Jen’s grand uncle’s obituary from the web but they left her great aunt’s up that got a little too braggy about her involvement in the community/her family and her family’s “success.”
Another GME thread and not one mention of AMC??? Amazing. AMC stock is being heavily shorted now as well and is in a better position to squeeze compared to GME. HOWEVER, GME is likely to squeeze again as well, as BOTH stocks are intertwined.
Please join us on r/amcstock and put some tendies down for AMC. Much cheaper for the average person to buy in now, as well. Apes together strong!
So strange that you posted this. I am not really stock market savvy and only know enough to be dangerous. Last night I had a dream that there was an extreme sell off and the value dropped to $2.30 per share. Such a random thing to dream about...random for me, anyway.
Slightly OT but I dreamed I was at the store and most people were maskless and I just didn’t get the memo that people woke up. I rarely dream (or remember them at least) due to the medication I take, so to me it was a slightly big deal. Something is in the air!
Hmm. A bunch of nightlife just reopened this weekend in Chicongo. Are we sure this isn't just randos stopping by the ATM onsite for last call, or cab fare after last call?
More things you should be aware of: crypto market dropped, SEC investigating money laundering in crypto market, speculation that they are using crypto to gather liquidity to short GME more, selling everything and pumping Dogecoin to distract investors from GME, banks selling record breaking bonds, it’s the weekend and citadel is lit up at 3 am while all this is going down...
There’s a huge pile of shit and I’m telling you it smells like shit. But sure, if you want to believe last call is responsible I’d say it’s likely as long as MARGIN is on the other end of that call ?
Whatever the cause, I hope you're right and there isn't a "non-nefarious" explanation. I've been hanging on for four months now waiting for the catalyst. But we'd be remiss on this board by not looking for a mundane explanation.
DOI: I have life-changing money on GME and moved an awful lot of my retirement into metals. No crypto, because "unregulated" (unbacked) crypto can cease to exist overnight just by OCC or SEC ruling.
I'm ready for it to crash and burn, so bring it on already.
I picked up 65 shares of AMC when it was in the mid $8 range. Sold half when it hit $14 to buy more GME then rebought the AMC on the dip. Apes Strong ???
Okay, can you briefly explain what this means -- for those of us unfamiliar with how this works? Can you explain it to me like I'm 8? How about like I'm 5? :D
Yes!
So Citadel has been a bad boy, manipulating the stock market and have been throwing money trying to suppress GameStop stock because they and others have a MASSIVE short position that will need to be covered eventually (probably once the price hits $212 ... again) and that time seems to be coming closer every day.
Well a lot of things have been in motion behind the scenes and everyone has been speculating what and how this is going to end, but a short squeeze is inevitable and the only thing that had kept a lid on it was Citadel and friends shorting the stock and lying about it.
Pretty much these guys wanted GameStop to go bankrupt and they would receive billions. It’s not gonna go bankrupt, and covering their position will collapse the market because no one bothered to regulate them since... ever.
All eyes are on this now. And a share recall for GameStop is on the horizon because they are transforming themselves and want to hold a vote for shareholders. They want to account for their 70~ million shares. But ownership of GME between institutions and regular people is greater than 140%. Some big brained people have crunched the numbers and there is quite possibly >200 million shares out there because of the naked shorting. And all of that has to be bought back.
Brings us to supply and demand. They have to buy these shares back. At whatever the market wants. At whatever the market wants. At whatever the market wants. And if they can’t buy it? They will be shut down and liquidated and the shares will be bought, at whatever the market price is until everything is gone and the next person in line has to be liquidated (I think their banks next, then the DTCC and after then it’s the federal RESERVE but idk if it’ll get that far)
TL:DR they did illegal stuff and have been manipulating the media and the stock market to keep it suppressed. Now they might be Margin Called and forced to buy back shares. You would be up at 3am Sunday morning too if you’re going to be responsible for possibly the largest transfer of wealth in the history of mankind.
Not financial advice but I’m buying more
Its not the federal government, its the Federal Reserve, which has nothing to do with the US government, but is a private corporation owned primarily by the London Bankers and their brood.
The chain of custody goes all the way up to the tippy top of the real wealth of this world. If its allowed to get that far (because the Patriots are in control?) before the entire system is ground to a halt, it's going to be interesting to see what happens to the wealth of the real worlds rulers. GME payouts could theoretically (legally) be the entire real wealth of all of them put together ($1 quadrillion dollars?).
My bad, lemme fix that I was up late, and thank you! I have some super suspicions that all this is connected to things but it’s just so wild and crazy!
Ahh, interesting. Thanks! I had heard about the Gamestop stuff but didn't fully understand what was happening. I very much appreciate you taking the time to explain it all, fren. Pretty wild.
No problem, anytime fren
Sounds like that scene in The Devil’s Advocate when Keanu goes into the office late at night and one of the other lawyers is in a shredding frenzy with all his staffers to destroy evidence.
Well, the apes over at the superstonk/GME reddit believe the employees there are working overtime because the squeeze is finally going to be squoze and panic is ensuing in the office. It was also found that employees were staying late at a JP Morgan location tonight, a bank that just recently issued over 10 billion in bonds. These bonds are believed to be money needed for the incoming squeeze and market crash. There are tons of other strange financial happenings as of late as well. Like many have mentioned, those following GME have a similar aptitude for noticing coincidences and connecting them to a bigger picture.
DFV exercised his options friday and tripled down, lots of yolo posts that day as well. Big bullish energy for next week, not gonna datefag but next week might be it, feel it down in the plums, tension is palpable. The movement over GME is incredibly similar to MAGA. Lots of folks over there noticing the bullshit in media and that they are merely a mouthpiece for the highest bidder, fending off shills and whatnot attacking the site. Hopefully its opening some minds to more than just stock manipulation, quite fascinating the parallels.
Prepare your family.
What suggestions do you have for financial preparation? I really don't know who one prepares for such a catastrophe. You can store food and water, but what do you do if the monetary system goes down?
If you have no silver, get as much cash into the house as possible and reasonable for your size family. For what is coming I would have at least 50oz of silver per person if possible. Get food that can last a long time, rice, beans what ever. And plenty of lead. Do you have a barter skill or product? A friend of mine makes moon shine to barter with, I do something else. PLANT a garden this year, start to get to know local farmers and farmers markets. Also have communications plan, if phones go down have everyone meet up, regroup. Get to know which neighbors you can trust. Don't be scared, just stay alert.
Thanks for the advice.
*how one prepares.
Me too please
Avoid datefagging. Buy buy hold If pedes are going to hop on the rocket keep a few things in mind.
The market will have spikes. It is citadel trying to fool you into selling early - don’t fall for it! When it plateaus sell one share at a time as its falling. This will keep the peak going as long as possible. Selling all at once causes the price to drop. I am not an expert and this is not financial advice. Doing it this way helps those who have only one share have a chance at a life changing return.
On Reddit r/superstonks and r/gme there is some really good information. They may not say WWG1WGA but they are living it using this strategy.
To the moon!
Friendly reminder that Jen Psaki’s cousin, Jeff, who grew up in the same town as her, currently works for Citadel and worked for Lehman Bros. during the ‘08 crash.
They wiped Jeff’s grandpa’s/Jen’s grand uncle’s obituary from the web but they left her great aunt’s up that got a little too braggy about her involvement in the community/her family and her family’s “success.”
Another GME thread and not one mention of AMC??? Amazing. AMC stock is being heavily shorted now as well and is in a better position to squeeze compared to GME. HOWEVER, GME is likely to squeeze again as well, as BOTH stocks are intertwined.
Please join us on r/amcstock and put some tendies down for AMC. Much cheaper for the average person to buy in now, as well. Apes together strong!
I got some AMC leaps. The great squeeze is coming.
Im in Australia, can anyone tell me how to buy AMC? Cant do it on eToro.
https://j.moomoo.com/0050Qo
So strange that you posted this. I am not really stock market savvy and only know enough to be dangerous. Last night I had a dream that there was an extreme sell off and the value dropped to $2.30 per share. Such a random thing to dream about...random for me, anyway.
Yeah if it does that, I would sell everything I own to buy more
Slightly OT but I dreamed I was at the store and most people were maskless and I just didn’t get the memo that people woke up. I rarely dream (or remember them at least) due to the medication I take, so to me it was a slightly big deal. Something is in the air!
I experience the same thing. I don't dream often because of meds I take so when I do it's a big deal.
Could be a prophetic dream. I had a dream of clothes being 3$. Surely GME and crypto will crash during the storm.
Hmm. A bunch of nightlife just reopened this weekend in Chicongo. Are we sure this isn't just randos stopping by the ATM onsite for last call, or cab fare after last call?
More things you should be aware of: crypto market dropped, SEC investigating money laundering in crypto market, speculation that they are using crypto to gather liquidity to short GME more, selling everything and pumping Dogecoin to distract investors from GME, banks selling record breaking bonds, it’s the weekend and citadel is lit up at 3 am while all this is going down...
There’s a huge pile of shit and I’m telling you it smells like shit. But sure, if you want to believe last call is responsible I’d say it’s likely as long as MARGIN is on the other end of that call ?
Check r/superstonks. They have a dd that counters this.
Fellow smooth brained ape checking in ?
Whatever the cause, I hope you're right and there isn't a "non-nefarious" explanation. I've been hanging on for four months now waiting for the catalyst. But we'd be remiss on this board by not looking for a mundane explanation.
DOI: I have life-changing money on GME and moved an awful lot of my retirement into metals. No crypto, because "unregulated" (unbacked) crypto can cease to exist overnight just by OCC or SEC ruling.
I'm ready for it to crash and burn, so bring it on already.
It’s been a weird ride and it’s just feeling like everything is around the corner now. Idk
I picked up 65 shares of AMC when it was in the mid $8 range. Sold half when it hit $14 to buy more GME then rebought the AMC on the dip. Apes Strong ???
Wildest ride I’ve ever been on. The hard part will be not selling on the climb up.
Have you a time machine?