1st off if you don't know, Jim Cramer is the biggest paid financial shill for Wallstreet. His job is to get dumb money to invest in dumb things. His track record is soooo bad there's no other expiation. You can actually do well on stocks and beat the market by doing the opposite of what he says.
CNBC just used 30 minutes of time that was scheduled to be part of a normal hour of Shark Tank.
Every day at 5 PM Pacific the news on CNBC ends and Shark Tank begins. This Monday was no different, except the stock market saw the NASDAQ take a -4%+ drop and DOW take a -3%+ drop only to recover, and like another post on this sub pointed out, that’s the most significant drop and recovery in a trading day since October of 2008. Eesh.
So why does Shark Tank matter? Shark Tank is a ratings monster. There’s a reason it is first up in prime time every single day on CNBC. There’s a reason I watch it every day other than just wishing I could make a bunch of fucking money for some other reason besides just all the money I plan to make on GME (so I could then throw it all into GME and make more). But besides all that, it would take a lot for CNBC to just skip over 30 minutes of Shark Tank. They wouldn’t give up all those eyes for nothing, unless they wanted them on something. And guess what they had on.
They had fucking Cramer. And he was shitting on retail traders like normal, but he was also desperately sending a message. And that message was that we are not in a recession and everything is okay. He tried to say that now is the time to buy. That buying in this uncertain time is the antidote. They gave Cramer 30 whole minutes of Shark Tank time so he could plead with the working man to keep buying, keep bag holding as we veer off of the cliff, because we are veering hard. He knows it, CNBC knows it, they mentioned it on the show.
They literally said, you can taste it. Regular people can taste it. Wild statistics like the dip and recovery today being the biggest since October 2008 are piling up, we are seeing the writing on the wall clearer and clearer and the dumbest of smooth brain non-apes who invest in mutual funds are starting to hear little birds telling them something is off. And they’re starting to question their masters, and CNBC has to take the time to inject an extra fat dose of it-will-be-okay to keep grandma and mom and dad buying stock while the market makers and rich investors cash out and jump ship.
TLDR; Shark Tank being interrupted by Cramer telling folks to bag hold harder is the canary in the MSM coal mine.
Persona opinion: this is likely tied to the GME and other stocks naked shorting and synthetic shares costing Hedge Funds BILLIONS so far. It looks like a major one got margin called yesterday.
Not stole, shared. :-)
Ape help ape.
All good, this is a great find, thanks fren.
Only thing I will add is that in addition to GME, DWACW is on a bargain right now. If you believe in Trump, there is no reason why Truth Social will not go to the moon.
Just a cautionary word, if all stocks are overvalued, dwac isn't exempt from market forces. I'm not saying there aren't enough autists holding it because I don't know.
Oh, I am not holding it for short term profits. I am thinking long term.
DWACw are warrants, you buy them now and then later you can exchange them for DWAC for $11.50 each. If you think truth social will succeed warrants allow you to buy more of them now when there is the most risk that it will fail.
I took my profits and put it into GME. I think DWAC could be like Tesla, et al. but GME is a different animal. Not financial advice. I think DWAC is less "gambling" than GME is.
Did you see the “hate speech team” for TRUTH social posted on Gab, who will oversee what posts/people to cancel based on their hate speech patterns? Not good.
If you have learnt anything by now, you will learn to ignore all that stuff and wait for the fog to settle.
Yeah fuck Tim Pool saying it was destined to fail. I want to bitch slap Timmy sometimes.
Did you expect them to not have to deal with millions of people who will try to make it fail by spamming racism and porn?
Ape stronger together
Lol give credit at least.
GME and DWAC let’s fucking go!!!
People are panicking because DWAC shit the bed yesterday...>HOLD!!!!!! Don't get scared off! It's going to head waaay up.
All stocks shit the bed yesterday
correct and some are shitting on DWAC like it was the only one.
Buy MORE.
Don’t be a paper handed bitch!
Lol ok whatever you say!
Saw this earlier, got a good laugh out of me. "This was a scam, reddittors are still trying to fleece you. Give it to Wall St. instead. We takes good care of your monies." Wall St is a Federal Reserve level con. https://www.cnbc.com/video/2022/01/25/meme-stock-mania-a-fantastic-case-study-not-a-revolution-wsjs-spencer-jakab.html (couldn't find it archived)
It's great to see them waking up. I've long had the suspicion that "the market" is entirely fictional, basically fabricating money out of thin air like the banks and fed do. Own a part of a company? No, the actual owners own the company. I have as much say in how a company runs their operation as much as the next random person.
I've never liked the idea of a "board of directors" either. George Zimmer, the guy that made Men's Wearhouse, was fired by the "board of directors." If some random group of people can kick you out of the company you started, you're not the owner of the company.
It's all bullshit.
Men's Wearhouse shows as a private company on Yahoo. Were they ever public?
The market would not exist without shorting.
Short sellers help make the market more stable.
💯 %
Board of directors are just fronts for people to collect money while not being there for day to day operations. They use their names and titles to help secure loans for banks. Banks rely on fake confidence from multiple board members signing on to agree to loans. If a loan goes south the board of directors bail and the bank is out of money while no one left holding the bag to take on the responsibility.
All they do is sign down their names and they have a vested share of the spoils. Only time board of directors show up is if they want to push out the CEO or other board of directors. Most board of directors are already professionals in other fields. So yeah it is just one giant money pot of extra cash for them by using their names and prestige to secure bank loans. Fake money, fake titles, etc.
I'm not entirely on board with GME. They plan to wait this out for another year and squeeze everyone. I really believe they can go another year simply counterfeiting shares. Sounds crazy but just look at how long these same people have been counterfeiting votes!
DRS. Kryptonite for Hedgies.
And silver !
We're directly registering shares with Computershare, which is Gamestop's transfer agency. All the insiders have their shares held in Computershare, so their own name is on the shares, and not some broker; those shares are classed as "street name." When you buy shares through a broker, you don't actually own them. You're basically given an IOU by the broker.
That's why all these people are putting out bullshit articles, trying to scare us into selling off. When the float is locked up, the countdown to hedge fund and broker liquidation begins.
When you buy shares through a broker like TD Ameritrade, can you call them up and be like listen bitches I Want me name on these shares?
Yes lots of info on reddit—DRS direct registry service— superstonk or wallstreetbets for sure have instructions.
There were so many requests through fidelity and vanguard they came up with a streamlined process
If you already have shares with TD Ameritrade, call them and tell them you want to DRS x number of shares.
Only if registered through a transfer agent.
You can ask them to DRS them to ComputerShare.
Fidelity seems the fastest method to get them DRS'd
This is a good quick explanation on direct register. HODL!
There are NO naked shorts anymore.
They got away with it, and covered their positions.
IF (a big IF) everybody takes their shares out of brokers' hands, they will just naked short again if they need to -- and get away with it again.
Until there is accountability to stop naked short sellers, they will keep doing it.
Seems like a lot of people here think GME still has naked shorts.
It does NOT.
That's some nice FUD you got there.
LOL FUD
lol you can't compare counterfeit shares to votes. It's costing them tons of money to keep suppressing GME
There are NO counterfeit (naked short) shares in GME today.
NONE.
You have zero proof of your statement.
Remember when Cramer told everyone to buy Bear Sterns and then they went bankrupt the next day lol.
Did that actually happen?
It absolutely did. He is one hundred percent on payroll. It's really insane how "consistently" wrong the cokehead is, and still is the CNBC go-to guy for financials.
Yeah he got ripped for it on Jon Stewart https://www.youtube.com/watch?v=8RkqzRs95Sc
Yup. He half apologized in an interview with Jon Stewart. He’s doing it again.
https://m.youtube.com/watch?v=gUkbdjetlY8
Here is link