May 18, 2021 r/Superstonk Live AMA for Wes Christian. Statement @ 32:25: "THE PROBLEM IS THIS [naked short selling] IS CONTROLLED BY THE CABAL." There you have it folks! Q and the fight against the Cabal is going mainstream! When the Cabal falls, the rocket will soar! ?
(www.youtube.com)
? B O O M ! ?
But if it was 1 million per share then the market cap would be over 71 trillion dollars, which is more money in the world.
I understand the thinking but how much stolen wealth do you think the cabal is hoarding? They have had over 100 years since the Federal Reserve was founded to syphon off our wealth. They have the assets. I suspect that this is part of what the asset seizures of the cabal will be used to cover this, and the GME payouts are just a mechanism for the return of that wealth back to the people.
This guy gets it!
Exactly! i will take one of Ken Griffin's Global 5000 aircraft in exchange for 10 of my shares. They have the assets. they will need to sell and liquidate everything. Dont sell when it looks like a big number to you - sell when it looks like a BIG number to them.....
I would rather the money end up with us after this is over. Innocent people are going to get hosed just like we did in 2008. At least we will be in a position to help those people around us get through it.
Less money for the hedgies to convert to new system
Dollar is going to Zero
Is this a good or bad thing? The “Great Reset” term freaks me out.
I love the enthusiasm ... It is awesome. But you realize, for the share price to get to an asking price of $1,000,000 per share, someone out there has to be willing to buy that share ... for a Million dollars. One share. Whose going to do that? The hedge funds? No. They won't. Even if the underwriters hit them with a margin call. They will just ignore the margin and let the bankruptcy courts handle the liquidation. That will take years. The assets they have on hand might be liquidated but no one is going to force them to find a way to close out the entirety of the short positions at those prices. They will just sell what they have and declare bankruptcy on the rest. The underwriters may have to cover the banks' losses but I assure you the underwriters are not gonna leave the bank insolvent. That would be suicide. No 7 digit price targets are fantasy. NOW ... in the thousands? That could happen. As long as we still have Buyers at those asking prices, yes, it could happen.
It most certainly could destroy some banks and banking support entities in the process. But Wall Street has a way of weaseling their way out of bad situations.
Perhaps.