“Shall we play a GAME?
Nothing can STOP what is coming.”
Coincidence?
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Because that is what the DTC's job is.
It is a private corporation - like most of wall street. DTC (and its two parts, the DTCC and NSCC), OCC, NYSE are all private corporations.
What do you think a title companies job is? Like in a real estate transaction, the title company is there to ENSURE and ultimately INSURE the transfer of title.
These companies do not need to exist. We could hypothetically walk into the company and buy a share certificate - none of these other companies would get their cut.
You have doubled down on your negative nancy bullshit - but have also proved that it may just be because you do not understand the circumstance. It's all about the line of succession of debt and the market has FIRST claim to that money.
If you don't think people have the "willpower" I think you are in the wrong fucking forum. I think there will be plenty who refuse to sell just to watch the clown world house of cards burn.
The margin call is coming. Enough people need to be educated. There will be no "fluctuations" on that rocket.
Hey friend, I hope you're right. Good luck to you ?
Here man. It really does bother me that there are so many paid actors talking shit nowadays.
And I really am frustrated that people want SOOOO badly to apply logic to clown world - because logic was out the door a long fucking time ago - it's really time to start thinking about what "could be" instead of "what is."
I just want to leave you with: 1. What is the difference between a Bitcoin and a GME share? 2. What if we find that hedgefunds have sold shares that do not exist? What if we find that they sold 2-3x as many shares as exist? That is a regular occurrence on wall street (the masses just don't know it - yet).
Here is a video from Patrick Byrne talking about shortselling, timestamped for you at ~4:38. https://youtu.be/BdBe5_8z53A?t=278
861 AMC and calls fer dayyyyyys.
I just want a house on the bayou to park my sailboat at.
What you gunna do with your tendies?