569
posted ago by Datasinc ago by Datasinc +569 / -0

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.

Comments (288)
sorted by:
83
koalakingdom 83 points ago +84 / -1

You should probably add that you stole this post from SUPERSTONK!

But the end is near for sure!! GME is apart of the plan, it is only a matter of time my friends 😇

72
Datasinc [S] 72 points ago +77 / -5

Not stole, shared. :-)

Ape help ape.

35
bubble_bursts 35 points ago +35 / -0

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.

12
Blandeaux 12 points ago +12 / -0

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.

11
bubble_bursts 11 points ago +11 / -0

Oh, I am not holding it for short term profits. I am thinking long term.

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DontTreadOnIT 9 points ago +9 / -0

This right here. By 2024 DWAC could be up there with Tesla - if Tesla still exists.

5
bubble_bursts 5 points ago +5 / -0

Tesla is a big question for me. Something tells me it will be around…

3
DontTreadOnIT 3 points ago +3 / -0

Big question, indeed.

Sometimes I think Musk relishes in coming across that way.

0
buzzsaw3364 0 points ago +5 / -5

Not as good as the play on silver. Silver is king.

8
DontTreadOnIT 8 points ago +9 / -1

That's what a lot of handshakes say...

2
Cryptops 2 points ago +2 / -0

I buy physical silver, not invest or buy to hold in a vault somewhere I will never see. Silver is the most undervalued in existence, and has always been a leading tradable currency for thousands of years. When the dollar crashes I will be rich with physical bullion. In the meantime I will continue to unload my fake digital dollars or useless paper notes into dwac, land and ammunition

1
AdAstra_PerAspera 1 point ago +1 / -0

haha SIKE. Not correct.

1
Pbman 1 point ago +1 / -0

Make money on stonks,then buy silver.

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deleted 3 points ago +3 / -0
3
Califuckya 3 points ago +3 / -0

DWAC is one share. DWACW is a warrant that can be exercised for one share of DWAC when the merger happens. DWACU is one share of DWAC and one half of a warrant. These are just the basics and really the extent of my knowledge….I have a couple shares of DWAC and some warrants I’ll execute when the merge goes through. I’m just riding the wave and hoping for the moon shot.

5
Phishhed44 5 points ago +5 / -0

Hodlin 10 shares DWAC TO THE MOON BABY!!!

2
deleted 2 points ago +2 / -0
2
If_We_Can_Keep_It 2 points ago +2 / -0

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.

3
deleted 3 points ago +3 / -0
2
If_We_Can_Keep_It 2 points ago +2 / -0

No one knows the time frame or how the company will handle the exchange, but the longer you hold onto DWACw the less taxes you will likely have to pay when you exchange.

2
Eph612 2 points ago +2 / -0

Don’t have any DWAC, but bought 10 DWACW because that’s all I could afford. But I’m new to all of this. So, am I correct that the purpose of buying warrants is that I can later exchange them for DWAC stock shares 1:1 if I add 11.50 to each warrant I exchange? Is that the idea? So basically it keeps the DWAC share price at the price I paid for the warrants, plus 11.50 - even if DWAC goes way up? Is there a time limit for exchanging the warrants for stocks?

3
If_We_Can_Keep_It 3 points ago +3 / -0

Close, when you exchange DWACw for DWAC common shares, you pay 11.50 for each share, so for 10 shares 115.00$. Then you have 10 DWAC shares. One thing to know is you have to pay tax on the net gain in price, so if DWACw is worth 30$ when you go to exchange and DWAC is at $70, you have to pay taxes on the $40 gained, or $400 for 10 shares. The longer you wait to exchange, the better as DWACw will rise to meet DWAC common price over time.

2
Eph612 2 points ago +2 / -0

Awesome, thank you. That’s very helpful.

1
DaesDaemar 1 point ago +1 / -0

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.

-5
Donaldiscool -5 points ago +2 / -7

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.

12
bubble_bursts 12 points ago +12 / -0

If you have learnt anything by now, you will learn to ignore all that stuff and wait for the fog to settle.

9
Th4rd_R3ich 9 points ago +9 / -0

Yeah fuck Tim Pool saying it was destined to fail. I want to bitch slap Timmy sometimes.

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deleted 8 points ago +8 / -0
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Th4rd_R3ich 6 points ago +6 / -0

Bahahaha I laughed soooo damn hard at that clip of Millennial Matt taking his beanie off at the Charlottesville protest. He fucking freaked lmfao. Seeing Tim super mad really made me smile 😂🤣 oh man it brought back the inner bully within me. Ahhhhh what a bald cuck. And I used to defend Timmy too

6
deleted 6 points ago +6 / -0
5
ChronicMetamorphosis 5 points ago +5 / -0

Tim is a Never Trumper deep down inside. Whats even more suspicious about him is how blindly he behaves towards evidence.

5
Phishhed44 5 points ago +5 / -0

He’s a pussy. (sorry ladies).

3
TakeItBack 3 points ago +3 / -0

LOL!

3
If_We_Can_Keep_It 3 points ago +3 / -0

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?

2
Stekky75 2 points ago +2 / -0

Yep, beyond the racists, trolls LOVE to get people riled up. A Trump platform is a sweet target.

Free speech and complete anonymity will never work. Something has to give.

11
TrappedInBlueState 11 points ago +11 / -0

Ape stronger together

3
queue-anon 3 points ago +4 / -1

Lol give credit at least.

-1
ArcaneSlang -1 points ago +1 / -2

Give ape credit and don’t fag out

25
pnwhomebrewer 25 points ago +26 / -1

GME and DWAC let’s fucking go!!!

6
Bedminster 6 points ago +6 / -0

People are panicking because DWAC shit the bed yesterday...>HOLD!!!!!! Don't get scared off! It's going to head waaay up.

5
queue-anon 5 points ago +5 / -0

All stocks shit the bed yesterday

4
Bedminster 4 points ago +4 / -0

correct and some are shitting on DWAC like it was the only one.

1
queue-anon 1 point ago +1 / -0

Probably on reddit right?

3
Phishhed44 3 points ago +3 / -0

Buy MORE.

2
pnwhomebrewer 2 points ago +2 / -0

Don’t be a paper handed bitch!

1
Bedminster 1 point ago +1 / -0

Lol ok whatever you say!

2
FreeMainiac 2 points ago +2 / -0

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)

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SoMuchWinning45 12 points ago +12 / -0

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.

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deleted 8 points ago +9 / -1
1
SoMuchWinning45 1 point ago +1 / -0

Men's Wearhouse shows as a private company on Yahoo. Were they ever public?

1
MAG768720 1 point ago +2 / -1

The market would not exist without shorting.

Short sellers help make the market more stable.

3
deleted 3 points ago +3 / -0
0
MAG768720 0 points ago +1 / -1

Enron was cooking their books. They went bankrupt.

It was the professional short sellers that figured it out, long before any regulators even thought about it, and long before the long investors had any clue.

Without short sellers, there would be no counteraction to the buyers.

The markets would be less liquid, and that would make them MUCH riskier.

The problem we have today is with the NAKED short sellers.

That was why GME was touted, but those naked short sellers all covered, and got away with it. They should have gone to prison.

Naked short sellers can push a stock down in an artificial way.

But in the case of GME, the short sellers were right and the long buyers were wrong.

The company is no longer profitable. There is no good reason to buy it now. The shorts were right, even though the naked shorts were criminals.

1
deleted 1 point ago +1 / -0
1
Phishhed44 1 point ago +1 / -0

💯 %

4
GA_Logic 4 points ago +4 / -0

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.

4
Mandigo 4 points ago +5 / -1

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!

12
JulesW 12 points ago +12 / -0

DRS. Kryptonite for Hedgies.

7
Deplorabledave1957 7 points ago +7 / -0

And silver !

7
SoMuchWinning45 7 points ago +7 / -0

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.

3
Trumpternal 3 points ago +3 / -0

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?

2
Suckitreddit 2 points ago +2 / -0

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

-1
MAG768720 -1 points ago +1 / -2

Those guys fucked everybody who took their advice and bought GME and AMC at the top.

1
SoMuchWinning45 1 point ago +1 / -0

If you already have shares with TD Ameritrade, call them and tell them you want to DRS x number of shares.

1
AdAstra_PerAspera 1 point ago +1 / -0

Only if registered through a transfer agent.

1
ItsAFreeCountry 1 point ago +3 / -2

Try selling your shares through the transfer agent. Doh! Now you want out but you can't sell until they're transferred to a brokerage account somewhere, which takes days. LOL the transfer agent is where the insiders keep their shares because they're restricted from moving them. They move them as soon as they can usually. Shares held in street name at a broker-dealer are not IOUs, they're book entry shares. They can lend your shares out if another client of the broker-dealer sells short and needs to borrow, but I think you can opt out of that.

I'm as good of a conspiracy realist as anyone, but a transfer agent is no more safe and far less convenient than a broker-dealer.

spez: as u/pbman points out below, this service (selling shares) is available

6
Pbman 6 points ago +6 / -0

Selling is no problem at computershare,we have done it,as a test on superstonk. Apes are going apeshit,moving shares to dsr,for good reasons,read the DD on superstonk.

I DRS 2/3 of my shares.

No cell no sell.

2
ItsAFreeCountry 2 points ago +2 / -0

I did check, and you are right. That wasn't the case a couple years ago and/or maybe not available at all transfer agents....but it available at ComputerShare.

2
Trumpternal 2 points ago +2 / -0

Ahh good point.

1
queue-anon 1 point ago +1 / -0

You can ask them to DRS them to ComputerShare.

Fidelity seems the fastest method to get them DRS'd

1
FuckCommies 1 point ago +1 / -0

This is a good quick explanation on direct register. HODL!

-1
MAG768720 -1 points ago +1 / -2

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.

4
SoMuchWinning45 4 points ago +4 / -0

That's some nice FUD you got there.

3
queue-anon 3 points ago +3 / -0

If anyone is concerned with the utter garbage u/MAG768720 is spewing, go to /r/superstonk. There's many posts debunking that the shorts closed last year.

BTW here is another method they use to hide their short positions:

https://twitter.com/dlauer/status/1446468778062123046

u/MAG768720 just links to a site that shows short interest % and says "PROOF", yet he fails to understand how corrupt wall street is and how they can hide their short interest positions VERY EASILY. He literally sounds like Cramer.

All CNBC does is attack Gamestop and tell people not to buy, that's a big tell that they are afraid of it. Why spend so much time attacking a company if shorts closed and there's nothing for hedge funds to worry about?

-1
MAG768720 -1 points ago +1 / -2

Show me which ETF(s) are being supposedly used for this purpose.

I bet you cannot do it -- because you have bought into bullshit hype and you don't know what the fuck you are talking about.

2
queue-anon 2 points ago +2 / -0

Why are you so angry? Here, do some research instead of insulting everyone who has bought GME in this sub.

https://old.reddit.com/r/Superstonk/search?q=XRT&restrict_sr=on&include_over_18=on&sort=relevance&t=all

1
EnemiesDestroyed 1 point ago +1 / -0

XRT, dumbass.

The same crooks and creeps who manufactured fake ballots in the rigged election, have created synthetic, fake shares. They are all in the same pocket, propagating the same lies. This will be revealed as the truth, very soon.

Stop doing their bidding!

4
Pbman 4 points ago +4 / -0

LOL FUD

1
MAG768720 1 point ago +2 / -1

You're the last to know?

That's called being a bag holder.

I'm not trying to bitch slap anyone here, but c'mon -- WAKE THE FUCK UP.

There are NO naked shorts anymore. They ALL covered.

https://finviz.com/quote.ashx?t=GME

That was the ONLY reason the clowns on Reddit were pushing GME.

That reason does not exist anymore.

4
ikigai 4 points ago +4 / -0

The SI% does NOT represent the actual situation, as the shorts have methods to hide their shorts away from the short interest reporting requirements. You should take a browse through superstonk. All things considered now's actually a great time to pick some shares up.

0
MAG768720 0 points ago +1 / -1

Superstonk is a bunch of scamers hyping stocks.

They are the modern day boiler room. They don't call you on the phone anymore, then just get your eyeballs on their website.

Same bullshit, different method.

SHOW ME THE ETF's THAT ARE BEING MANIPULATED (supposedly).

You can't.

4
queue-anon 4 points ago +4 / -0

IGNORE THE SHILL. He doesn't understand that they can hide their short positions via an ETF.

-1
MAG768720 -1 points ago +1 / -2

When you can't argue facts, you go to ad hominem and deflection.

Just like a good little libtard.

Any ETF positions would ALSO show up in the short numbers.

Short position is CURRENTLY 13.50% of float.

It WAS 134% of float (IIRC).

But it ain't no mo'.

Those naked shorts COVERED ... and those Reddit dipsits left YOU holding the bag.

3
Pbman 3 points ago +3 / -0

700,000 apes disagree with you.

Everyone here knows the MSM lies,you think they tell the truth about money?

0
deleted 0 points ago +2 / -2
3
queue-anon 3 points ago +3 / -0

lol you can't compare counterfeit shares to votes. It's costing them tons of money to keep suppressing GME

-2
MAG768720 -2 points ago +2 / -4

There are NO counterfeit (naked short) shares in GME today.

NONE.

3
queue-anon 3 points ago +3 / -0

You have zero proof of your statement.

-2
MAG768720 -2 points ago +1 / -3

https://finviz.com/quote.ashx?t=GME

It's right there for ANYONE to check.

Short float is currently 13.50%.

It was well over 100% -- back at the highs of the stock price. But those naked shorts have covered. LONG AGO.

So, the original reason for people to buy GME (because of naked short selling) is LONG gone.

And that is why the stock is DOWN 80%, and not "up to the Moon."

Those idiots on the Reddit board ... FUCKED YOU GOOD.

4
HurricaneNelly 4 points ago +4 / -0

GameStop is transforming into an e-comerace company with the helps of the man who created chewy.com. Chewy stole the pet market from Amazon.

-2
MAG768720 -2 points ago +1 / -3

Dreams and wishes.

THAT is what you are "investing" in?

Why are they LOSING MONEY if the "transformation" is so brilliant?

Gamestop USED TO BE profitable. Not now.

3
queue-anon 3 points ago +3 / -0

You're a complete moron, I don't even know where to begin.

You haven't researched anything and it is very obvious.

You don't understand how they can manipulate the market in various ways.

You aren't aware that they can hide their short positions via ETFs.

HOW IT WORKS: Let's say a hedgie wanted to secretly short X, Y, and Z. That hedgie would short the whole ETF and buy long on every other share in the ETF except for X, Y, and Z. That way their short exposure is only X, Y, and Z but their short positions are listed under the ETF.

Take a look at the buy to sell ratio on fidelity for GME. Every day it is around 90% buy 10% sell.

Now go back to sleep.

-2
MAG768720 -2 points ago +1 / -3

SHOW ME the ETF's you claim are being manipulated.

3
deleted 3 points ago +3 / -0
4
MAGAsoyboyslayer 4 points ago +5 / -1

Remember when Cramer told everyone to buy Bear Sterns and then they went bankrupt the next day lol.

4
Th4rd_R3ich 4 points ago +4 / -0

Did that actually happen?

7
FuckCommies 7 points ago +7 / -0

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.

4
deleted 4 points ago +4 / -0
4
FuckCommies 4 points ago +4 / -0

Everyone loves a clown. Especially market makers and the SEC. It's a small club and we aren't supposed to be in it.

0
MAG768720 0 points ago +1 / -1

What IS his claim to fame?

He was a hedge fund manager. Not a particularly good one, but he was "in the club."

Then, he got invited onto CNBC to give opinions. His style of screaming, over-the top hyperbole, and shouting about how much money everyone was going to make made him lovable to the sheep watching the "financial news."

He got his own show, complete with all sorts of stupid props, and his loyal viewers are too sheepish to realize he has no clue what he is talking about, when it actually comes to making profits in the market. He can throw the lingo around, but he can't make anybody any money. Never could.

3
Datasinc [S] 3 points ago +3 / -0

Yeah he got ripped for it on Jon Stewart https://www.youtube.com/watch?v=8RkqzRs95Sc

2
ILoveIvermectin 2 points ago +2 / -0

Yup. He half apologized in an interview with Jon Stewart. He’s doing it again.

32
Mandigo 32 points ago +32 / -0

I honestly don't like Shark Tank, as someone who has owned and known and worked with so many small businesses, Shark Tank simply shows how the world's elite can own as much of our ideas as possible using their unlimited fake fiat currency to do it while they do absolutely nothing themselves! Every single one of those people got stupidly "lucky" and entered an industry through lucrative connections either through family or clubs or unknown favors they partook in. In Kevin O'Leary's case, his mother backed him and almost like Hillary Clinton selling her Cattle futures at just the right time for 1000x their value, a private equity fund straight up bought out O'Leary and his Learning company using fake fiat currency printed out of thin air during the dotcom bubble, and of course the company never recovered after that. O'Leary never even wrote any of the software himself. While, there is nothing wrong with this, it is far too common and comes at the expense of USD holders every time a company gets bought out for an absurd amount of money. The same can be said about ALL of these sharks, all of them. I have very little respect for them, and while I'm not saying they're stupid or bad necessarily, their intelligence is just around average and there are far more intelligent people out there who are far more interesting and more rugged than any of them, and you can find them just down the street from you.

My point is, Shark Tank is bullshit. One day the fake fiat money printing will end and the world as we know it will be brought back to the hands of the people who really do the hard working, not the schemers and pencil pushers who don't lift a finger. The future Shark Tank will have farmers, carpenters, plumbers, electricians, tradesmen, handymen, etc etc etc, and those who are willing, and might have catastrophically failed at some point in their lives, as it was 150 years ago in the free United States (look up wealth distribution in 1870!) They will determine what really has value, what has potential, what can succeed and not these global homo elitists that can't do anything themselves and are too scared to really take failure or risk a whole lot, or do the actual things they want to themselves with their own bare hands.

9
Shark_FL 9 points ago +9 / -0

Mark Cuban was a college student. He got his buddy to hold a radio up to a computer modem for 3 hours to record college basketball so he could stream it live on the internet.

Yahoo was so impressed by this "genius idea" that they threw $4 BILLION at Mark for the right to have their employees hold the phone up.

Mark Cuban is not smart. He is a sideways grinning pretender.

14
Rardog900 14 points ago +14 / -0

He also tried to stop national anthem at his sports ball games

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deleted 8 points ago +8 / -0
1
Mandigo 1 point ago +1 / -0

Yep. I'm just sick of it. This is right back to middle ages Europe where only people born of nobility could conduct business in certain industries and trades that only they were allowed to control. This whole system was in place for over a thousand years up until the great enlightenment and the American Revolution where anyone was allowed to do as he pleases however he likes. Today we have nobles running everything because they control the money supply, they can obliterate their competition and enter into an industry with ease while the rest of us can't.

1
ILoveIvermectin 1 point ago +1 / -0

Correct. These people are fronts for a bigger problem. They run nothing.

2
Siren 2 points ago +2 / -0

I'm now pondering if DS created these billionaire/celebrities as a front to us keeping our attention off them. Connecting the dots. I cannot believe how much stuff is interconnected. Like, all of it. Ugh.

6
inquimous 6 points ago +6 / -0

Hard Core Pawn has better business wisdom, nicer people, and more entertaining fake emotion.

6
queue-anon 6 points ago +6 / -0

I agree with your message, however one note, blue collar work is not the only hard work. There's many people who slave away at a desk every day as well. I've met some brilliant minds in the software engineering field. They work their asses off and get paid nothing compared to their managers and CEOs.

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Dashmoomoo 6 points ago +6 / -0

You just described management to the T. Also, I agree.

3
MAG768720 3 points ago +3 / -0

I agree on Shark Tank. Hate that show.

Regarding Hillary's cattle futures. My guess is that her broker used "past posting," which was legal back then.

Hillary opens a futures brokerage account with a dirty broker for $1,000.

Gov. Bill Clinton's puppet master also opens an account with the same dirty broker for $100,000.

The dirty broker takes the two accounts ($101,000) and puts them together in a master account for easier management.

So far, nothing illegal or immoral. Until ...

Dirty broker makes trades in cattle futures. Most likely, he used a spread trade. That would be like buying January cattle futures while also short selling August cattle futures. They both generally go up or down together (usually), but not at the same rate. Since they are opposite sides of the same basic trade, one is up and the other is down.

AFTER the trades are closed out, one of them is a winner and the other is a loser. Due to the leverage, it could be maybe $5,000-10,000 or more win/loss.

He then ... does what is now illegal ... AFTER the trades are closed out, he assigns the winning trade to Hillary and the losing trade to the puppet master.

Hillary's account has gone from $1,000 to $11,000, and the puppet master's account has gone from $100,000 to $90,000. Continue this for a few more trades (or even, just one big trade), and no real money was made or lost, but Hillary's account is now $100,000 and the puppet master's account is $1,000.

Abracadabra ... "cattle futures trading genius" is born. Never mind that she has never done anything close to that before or since.

The puppet master gets invited to the governor's mansion, and tells Bill how things are going to be, and Bill bends over like the cheap whore he always was, and does what he is told.

That's probably the real story behind that one.

1
Dashmoomoo 1 point ago +1 / -0

Interesting.

17
Pbman 17 points ago +17 / -0

Bought 10 more this morning,I couldn't belive they had the nerve to drop it under 100.

Apes are loading up and going to town.

4
SoMuchWinning45 4 points ago +4 / -0

They really don't realize that this is called a discount.

-3
MAG768720 -3 points ago +1 / -4

No, it is called a CRASH.

Some of you seem to be the last to know that the original reason touted for buying GME is ... GONE.

BTW, I posted that this stock was DONE, right here on the GAW board, back when it reached its high.

I didn't even realize until today that some of you guys are still in this dog shit stock.

3
SoMuchWinning45 3 points ago +3 / -0

Some real nice FUD.

-2
MAG768720 -2 points ago +1 / -3

Looks like "FUD" is the new "I can't really respond to you because I don't know what the fuck is going on, but I don't like what you said, so I will be a libtard and just say something stupid and meaningless."

If you have a point, make it.

But you don't.

3
SoMuchWinning45 3 points ago +3 / -0

When and how did the hedge funds cover? Why still so much negative press about Gamestop? Why so much negative press about retail?

If they weren't worried, they wouldn't bother. But they are worried, and now they're paying shills like you to spread FUD on here.

2
American-Patriot 2 points ago +2 / -0

Then short it, you fucking pussy. And post it here with proof.

-5
MAG768720 -5 points ago +1 / -6

Oh, you will be "buying more" when it goes below $10, no doubt.

Gotta "average down" from your $400+ right?

2
Pbman 2 points ago +2 / -0

Averaging up from 48.

-3
MAG768720 -3 points ago +1 / -4

OK. When it goes below $48, you gonna sell?

3
Pbman 3 points ago +3 / -0

When coke rat cramer,says to sell everyone knows to do the opposite. Price went down yesterday on 80% buy orders.

I will stand with the 700,000 apes on superstonk.

-2
MAG768720 -2 points ago +1 / -3

You know there are ZERO naked short sellers now, right?

You know that the company LOSES money now, right?

Things change. This ain't JAN 2020 anymore.

There is NO reason to buy GME or to hold it, from what I can tell.

If you or anyone else has a reason, I would like to know what it is.

Some anonymous people on a website, who are most likely clueless about the market -- and clueless about GME, specifically -- is NOT a reason.

14
rooftoptendie 14 points ago +14 / -0

holy crap!

that guy is such a douche. I would feel so cheated out of muh shark tank! that's some facepalm right there, puttin that fungal infection on tv for 30 min...

13
Fuhqreddit 13 points ago +13 / -0

He said buy right? Then technically he's right. Buy and HODL! GME o. Sale still?

3
SoMuchWinning45 3 points ago +4 / -1

Yeah, it's still on sale.

-1
MAG768720 -1 points ago +1 / -2

Get back to me when it's under $10.

2
SoMuchWinning45 2 points ago +2 / -0

I'll buy more if it gets that cheap.

-1
MAG768720 -1 points ago +2 / -3

From $400 to $10 ... brilliant strategy.

1
MakeAmericaWinAgain 1 point ago +1 / -0

… good luck

9
CookingGrams1 9 points ago +9 / -0

Could it be possible that Suicide Weekend is tied to a huge stock market crash and that past proves future with this event? I mean it has happened before... thoughts

4
GA_Logic 4 points ago +4 / -0

Many hedge fund managers are a big part of the Great Reset so it is possible.

2
MakeAmericaWinAgain 2 points ago +2 / -0

Ken Griffin is a huge donor to Rs like Kelly Loeffler

8
SoMuchWinning45 8 points ago +8 / -0

Cramer can get fucked. $GME is taking us to the moon. Editing to add - a few hedge funds have already gone down. There won't be any left by the end of it.

3
GA_Logic 3 points ago +3 / -0

Holding is the best strategy right now.

3
SoMuchWinning45 3 points ago +3 / -0

This is the way.

8
Datasinc [S] 8 points ago +8 / -0

Here is part of the video, this lady came on after they had Cramer one on one for the first part (FUD warning):

https://www.cnbc.com/video/2022/01/24/this-feels-really-similar-to-2015-says-boston-private-wealths-saccocia.html?__source=flipboard

Also I don’t have any proof it went over time but here’s what the schedule was supposed to be:

https://i.imgur.com/CkJALKe.jpg

Here's Cramer getting roasted after screwing people https://www.youtube.com/watch?v=8RkqzRs95Sc

1
queue-anon 1 point ago +2 / -1

Lol you're word for word taking the superstonk original posters comments and putting them here as if they are your own

Funny :) But I'm glad you're relaying the information here.

7
ATLAS_ONE 7 points ago +7 / -0

What a shame Cramer, if we were in a recession it would be a good buying opportunity. I'll wait.

6
deleted 6 points ago +6 / -0
3
GA_Logic 3 points ago +3 / -0

A good guy wouldn't tell you to buy right now unless we are talking about specific stocks. Right now is the time to hold and to stop buying for the most part.

3
deleted 3 points ago +3 / -0
1
MakeAmericaWinAgain 1 point ago +1 / -0

Try 1929

6
VetforTrump 6 points ago +6 / -0

Wall Street equals the federal reserve equals its all shit in the end.

I'm not interested in using their currency any more.

5
Suckitreddit 5 points ago +5 / -0

Yeah I heard my friend took a lot of cash out of the health care index fund yesterday after seeing some of the Sen Johnson hearing. Said it’s so bad and explosive (the discussion on cover ups of adverse events and deaths) that there is no way it can’t come crashing down. Pfizer is one of the big holdings in that fund.

2
GA_Logic 2 points ago +2 / -0

Big pharma is very volatile as it has always been boom or bust. Now it is treading toward bust territory.

5
RachelkillsBam 5 points ago +5 / -0

BUY GME!!!

That's all I am going say

-3
MAG768720 -3 points ago +2 / -5

Stupid advice.

4
RachelkillsBam 4 points ago +4 / -0

If you know anything about the stock and the situation it is in, you would know that this is the best advice in this thread.

-2
MAG768720 -2 points ago +1 / -3

I know that a lot of people bought GME because of the naked shorting.

I also know that GME has ZERO naked shorts today.

I also know that GME has been losing more and more money over the past 2 years.

I also know that stocks that lose money get CRUSHED in market selloffs and bear markets.

That's what I know.

What do you know?

5
RachelkillsBam 5 points ago +5 / -0
  • They use off book swaps to hide the short interest

  • Short interest is self reported and they lie about it

  • That they use XRT and IWM to created more fake shares of GME (since ETFs are allowed to temporarily make naked shares for rebalancing purposes.

  • That XRT is currently at 250% short interest (which is self reported which means higher)

  • In December XRT short interest almost hit 700%

  • Due to off the books swaps that are back by futures, GME makes a run up EVERY 90 days

  • That the MEME ETF that was created in December was almost immediately placed on the Securities threshold list. This ETF contained both GME AND DWAC.

  • When the MEME ETF was placed on the threshold list due to overshorting, DWAC immediately took off

  • That the Motley Fool ETF was placed on the threshold list as well containing GME

  • That GME is the only stock that had thousands of articles written about how bad of a play it is

  • That Melvin Capital, one of the most prolific companies to short GME, is down 50% in 2021 and already down 25% in the first 3 weeks of 2022

  • That Melvin Capital has moved funding from their office in New York to the Cayman Islands

  • That GME has no debt, is below the average P/E ratio for a stock of it's type

  • That GME's actual cash on hand gives it a minimum evaluation of $88

  • That no inside has sold ANY GME period since September 2021. Every large company in America's insiders have sold a shit load since then

  • That the media purposely leaked an article with no sources about GME's NFT marketplace to cover-up for after hours buying that they did try to satisfy FTDs on GME

And that is just off the top of my head 🤣

2
Pbman 2 points ago +2 / -0

You have a great memory,thanks for posting.

2
Effhypocracy 2 points ago +2 / -0

I think you should change your name to rachelkillsmag768720

1
deleted 1 point ago +1 / -0
0
MAG768720 0 points ago +1 / -1

They use off book swaps to hide the short interest

They weren't hiding it last year, when it showed 120%-130% of float was short.

Why "hide" it all of a sudden?

That they use XRT and IWM to created more fake shares of GME (since ETFs are allowed to temporarily make naked shares for rebalancing purposes.

Well, FINALLY someone in this thread actually states which ETF's are supposedly being used to "secretly short."

So, now you are saying that the money management team for XRT, which is one of if not THE largest retail funds in the market, is involved in illegal trading just to help out a few hedge fund buddies. Look at their holdings:

https://finance.yahoo.com/quote/XRT/holdings?p=XRT

Top 10 stocks have around 1% of the fund's assets invested. GME is not one of them, so if they own GME at all, it is likely much less than 1% of assets.

IWM is the Russell 2000 index fund, which owns 2000 small cap stock (GME likely is one of them). But an index fund DOES NOT micromanage positions. They periodically buy/sell at the end of the month or quarter to reflect which stocks are still in the index, so their fund assets match the Russell 2000 index. You are saying that the management team of this fund, which has NO AUTHORITY to buy/sell outside of the specific parameters of matching the Russell 2000 index, is secretly shorting massive amounts of GME -- and putting the ENTIRE FUND AT RISK -- and putting themselves at risk of serious PRISON TIME if it goes wrong, just to help out some hedge fund buddies?

And BTW, those hedge fund buddies ... ALREADY COVERED THEIR SHORTS.

This is LOONEY TUNES you guys are buying into.

That XRT is currently at 250% short interest (which is self reported which means higher)

In December XRT short interest almost hit 700%

And do you know WHY they would do that? Because they USE FUTURES CONTRACTS to attempt to mirror the INDEX that they are REQUIRED to try and match. That is the WHOLE POINT of the existence of this fund: to match the S&P Retail Index.

In their own words ...

In seeking to track the performance of the S&P Retail Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the retail segment of the S&P Total Market Index ("S&P TMI").

https://finance.yahoo.com/quote/XRT/profile?p=XRT

The IWM (Russell 2000 index mirror) is a fund that does the same thing.

Due to off the books swaps that are back by futures, GME makes a run up EVERY 90 days

There are NO futures contracts that specifically target GME. It would be WAY easier to just short the stock by "shorting against the box" where they both buy and sell at the same time, and then exit their long so they are net short.

The reason for the "run up EVERY 90 days" is FAR MORE LIKELY to be explained by market manipulation. Every 90 days, there is an earnings report. Stock manipulators (like the ones YOU are following) tout stocks around earnings time. The company itself might also manipulate in hopes of landing a big fish who will make an investment in a company that is on the brink of bankruptcy -- like GME did recently.

That the MEME ETF that was created in December was almost immediately placed on the Securities threshold list. This ETF contained both GME AND DWAC.

Now, THAT is the first interesting point I've seen made in this entire thread. However, MEME has ... ZERO ASSETS.

https://finance.yahoo.com/quote/MEME?p=MEME

Also, DWAC has ... ZERO REVENUE. It is a SPAC, which are almost all shell companies with nothing. Maybe Trump's support will change things, but so far ... ZERO REVENUES (not zero profits, but zero revenues -- my niece's lemonade stand had more in revenues than DWAC).

That GME's actual cash on hand gives it a minimum evaluation of $88

How do you arrive at that figure? They have $1.4 billion cash on the books, with no other significant assets (inventory would go for 10 cents on the dollar in a liquidation, and the rest is smoke and mirrors). But against that cash, they have $1.5 billion in current liabilities.

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1326380&accession_number=0001326380-21-000129&xbrl_type=v#

The company doesn't have any REAL book value, if push came to shove and they had to declare bankruptcy. Which, it looks like will happen sometime this year at the current burn rate, unless they get another cash infusion.

And that is just off the top of my head

Hey, props to you. At least YOU responded with actual substance, unlike anyone else in this thread.

I followed this story back when it was up over $400 per share, and it was interesting, but it looked like a hyped-up nonsense story to me then. Looks even worse now.

At least, I stepped aside from a roughly 90% loss (so far). Maybe that's why the shills here are so angry with me.

Those losses are hard to take. I've been there, done that, with other stocks.

That's why I see it much differently. And so far, I have been the one who was right. I just wish I would have shorted, too.

Good luck if you are long. At least YOU can make a case for your position, and I DO respect that.

I don't respect the braindead zombies around here, though, who evade honest questions. You are the rare exception to the rule around here, it seems.

3
queue-anon 3 points ago +3 / -0

I stepped aside from a roughly 90% loss (so far)

Found out why he cares so much KEK

-1
MAG768720 -1 points ago +1 / -2

"Stepped aside" means I did NOT take a loss (because I never bought it) ...

... unlike YOU.

How much is your loss? There are only 2 possibilities:

(1) YOUR personal loss is MASSIVE, or

(2) YOU are just talking out your ass like you always do, and you never had the balls to buy the stock you think is so great in the first place.

Which is it, queball?

3
RachelkillsBam 3 points ago +3 / -0

One thing I did not cover is that in the last GME conference call for earnings, GME talked about the number of shares that were DIRECT REGISTERED to their custodian. This is the first time a company did this since 2000 and only the second US company to EVER do this in history. Just a thought...

That said:

They weren't hiding it last year, when it showed 120%-130% of float was short.

Why "hide" it all of a sudden?

Because according to the media, the shorts all covered GME last year. That statement was repeated a lot last year, but that is not the case due to the swaps.

The report that the SEC made on GME stated that GME has not actually had a short squeeze and that retail FOMO-ing in to the stock lead to the run-up. Again, per the SEC report there has been no short squeeze yet.

So, now you are saying that the money management team for XRT, which is one of if not THE largest retail funds in the market, is involved in illegal trading just to help out a few hedge fund buddies. Look at their holdings:

Yes. But so does the SEC:

https://www.youtube.com/watch?v=JndCIMLV0oU

They have done this so much. Though GME is not in the highest percent of their earnings, that does not matter because they are allowed to create any amount of shares as needed. Watch the video and you will see why XRT, MEME, the Motley Fool ETF, and IWM (all containing GME) have very high short interest with XRT being a dirty slut.

Now, THAT is the first interesting point I've seen made in this entire thread. However, MEME has ... ZERO ASSETS.

MEME has assets.

Yahoo Finance has been ass since Apollo Global Management bought them. Apollo also happens to be a player in the GME saga too🤔

https://www.roundhillinvestments.com/etf/meme/

DWAC was their largest ownership in December, but now it is SoFi.

Finally, look at a chart of DWAC and look at when MEME was placed on the threshold list.

Also, DWAC has ... ZERO REVENUE. It is a SPAC,

If revenue mattered to share price, then AMAZON would be at Zero for years prior to winning their contract with the Federal Government in 2014. Further, there is no reason that Tesla is worth more than Ford or Toyota who deliver way more cars

Because they USE FUTURES CONTRACTS to attempt to mirror the INDEX that they are REQUIRED to try and match. That is the WHOLE POINT of the existence of this fund: to match the S&P Retail Index.

There are NO futures contracts that specifically target GME

The SWAPS are not with the ETF. They are with the Short Hedge Funds and the Family Offices themselves versus Prime brokers. That is why Archegos failed and why Melvin and others are currently getting fucked:

https://archive.ph/ra2bN

That is why the short interest is low on GME. That and exercising DEEP OUT OF THE MONEY PUTS (yes, they have done this. Look up the Brazilian Puts fiasco on Bloomberg Terminals)

The reason for the "run up EVERY 90 days" is FAR MORE LIKELY to be explained by market manipulation. Every 90 days, there is an earnings report

The run-up and crash correlates with Futures and Swaps rollover (T+2+35), not earnings though. GME earnings seem to happen 1 to 2 months post run-up.

As a matter of fact do this experiment: Go to tradingview.com

Open a daily chart of GME.

Add the indictor called Gherkinit Futures indicator.

Look at the indicator and compare it too each run-up of GME. There is a very clear and distinct pattern.

Want some more? Look at the stock BRN.AX on trading view as well. Notice how it almost mirrors GME movement for movement and look at where it is now.

So here's what you can do to get your money back (if you choose too): Buy the March or April GME 100 CALL. The 90 day run-up pattern starts this week.

If I am wrong, you loss $1300 bucks. If I am right, when it completes the pattern and head to $200, you can CASHLESS EXERCISE GME and get 100 shares for 13 bucks a share.

Disclosure: I not only own shares but I own a few of the 100 CALLs as well.

-1
MAG768720 -1 points ago +1 / -2

First of all, thank you for actually engaging in a real discussion. You are the ONLY one in this thread, it seems, who is capable of doing that. Props to you (although it shouldn't be that hard -- I guess everyone else here is just a lemming).

Anyway ...

GME talked about the number of shares that were DIRECT REGISTERED to their custodian.

I have not followed this story since early last year. All I can say is that this statement from a CEO smells like market manipulation to me. I have seen plenty of small companies in trouble doing all sorts of weird things that other companies never do. It does not necessarily mean anything other than manipulation.

I do remember Patrick Byrne talking about the naked short sellers pushing down Overstock.com. He was probably right, and the media attacked him. So, maybe there is something to it. But it is 50/50 at best, as to whether it means what the touts are claiming it does.

Because according to the media, the shorts all covered GME last year. That statement was repeated a lot last year

Right, because the financial media were conspiring with the hedge fund shorts, along with brokers like Robinhood, to provide cover for their hedge fund friends to get out of their shorts.

Again, per the SEC report there has been no short squeeze yet.

A short squeeze occurs when buyers buy up a stock so much that the short sellers have to also buy to avoid massive losses. There would be no need for that with GME, because the stock has been in a steady downfall most of the time, giving short sellers plenty of time to get out without a squeeze. That is likely what those moves up are about. But the overall direction has been down -- 80%+.

BTW, if hedge funds, mutual funds, and media are all in on the conspiracy, then what makes you think the SEC wouldn't be, too? What makes you think the SEC is telling the truth? Wasn't Rod Rosenstein's wife in charge of it recently?

Regarding XRT, here is the actual SEC report:

https://www.sec.gov/comments/s7-16-15/s71615-60.pdf

It is 40 pages, and I don't have time to read through it and figure out what they are talking about. I will say that XRT is a fund that mirrors the S&P Retail Index, and shorting a massive amount of GME stock would be a ridiculous thing to do for multiple reasons.

Is the SEC talking about the buying/selling of XRT shares itself, or claiming that XRT is secretly shorting stocks to boost their results? That wouldn't even make sense, since their mandate is to DUPLICATE (not outperform) the index.

The story being told by these stock touts doesn't make any sense, even if it could technically happen. Why would an index fund do secret trades to boost its returns or help out its buddies, when it is set up ONLY to mirror an index?

XRT and IWM are both index funds. The Motley Fool ... well I wouldn't put anything past them, other than they have built a huge company and would be very stupid of them to risk it via money laundering and market manipulation.

If you can point to something SPECIFIC in those 40 pages, I will have a look. But it sounds like some online touts are selling tulip bulbs. Even if these money managers wanted to do it, there is no mechanism for it to happen.

MEME has assets.

OK, I had to do some looking, but I finally found a source that says MEME has assets:

https://www.etf.com/MEME#fit

It owns GME, but only 4.15% of its fund is GME (long position, not short). It only has $1.7 million in assets, total. Do you realize how SMALL that is?

Average Joe in San Francisco has more equity in his house than that fund has in total assets.

This means its GME position is 4.15% of that, or about $70,000. So, they own around 700 shares of GME. Maybe those reported numbers are a bit old, so let's say around 1,000 shares, which would make sense.

Big whoop! That is NOTHING.

GME traded 3.56 million shares today. What does MEME's position prove? They don't even have the assets to short any significant amount of GME if they wanted to. And if they did, it would totally expose them as frauds. If they made a bunch of money, their fund would outperform what it is supposed to do, and if they lost, they would be headed to prison for lying and manipulating.

The whole thing makes no sense.

Amazon had plenty of REVENUE, as does Tesla. They didn't have PROFITS, but they had revenue.

DWAC has ZERO REVENUE. Like I said, sell one glass of lemonade at a lemonade stand, and an 8-year old child has more REVENUE than DWAC.

A lot of biotech companies are like that, too. I just saved my mother from investing in a biotech "cancer drug" company because I showed her it has NO REVENUES.

This is a BIG problem for DWAC. Maybe it will change, but investing in this NOW is stupidity.

The SWAPS are not with the ETF. They are with the Short Hedge Funds and the Family Offices themselves versus Prime brokers.

OK, if that is true, then there is no need to involve ETF's at all. And the LAST ETF's they would want to involve would be index ones. Those guys have NO ability to maneuver the way you are claiming. They just cannot do it, even if they wanted to. And if they did, they would be found out IMMEDIATELY.

Regarding family offices, those are just investment advisors. They do NOT place trades. They go THROUGH prime brokers, just like the hedge funds do.

Hedge funds, family offices, and similar businesses MUST USE PRIME BROKERS to place their trades. While there are likely a lot of shady prime brokers, you should be asking yourself: FOR WHAT?

What advantage does the prime broker have?

Besides all that, SWAPS are not used like that. If someone wants to short stock, it is because they want to DRIVE DOWN the price. Therefore at some point, they MUST put those shares (long or short) into the MARKET. It would do them no good to have some sort of SWAP sitting in a drawer collecting dust. That is just nonsense.

If you are talking manipulation at a massive level, I will tell you a MUCH easier way of doing it.

Have the Federal Reserve create money, and run the trades through FOREIGN brokers. That's what the perps did on 9/11. Because the trades were foreign (German, to be specific), the "investigators" claimed they couldn't find out anything.

Anyway ...

Thanks for actually responding to my comments. You are the ONLY one here who did so.

I think the touts in GME are pulling a con game on you guys.

(1) Look at the GME financials. They are burning up cash at a rate that will put them into bankruptcy within the year. Maybe someone will bail them out. Someone already did (maybe a short seller). But the BUSINESS itself is LOSING money. If that does not change, look out below -- unless a big fish steps in (again).

(2) The manipulation through ETF's is NOT going to happen the way the touts are claiming. INDEX funds are NOT going to be playing that game, just to save a few hedge funds (who, by the way, were RIGHT about the financial prospects of the company).

(3) Family offices do NOT place trades directly with the exchanges. There MUST be a broker that does that, and prime brokers are used for the big guys (small family offices might just use a regular retail broker).

Finally, look at the chart:

https://www.barchart.com/stocks/quotes/GME/interactive-chart

It might not be obvious to you, but it is obvious to me that GME is a pump and dump, and nothing more. The company has been losing revenue, and is now losing money.

The shorts were right.

But if you are long, good luck.

P.S. Now that the stock market is closed, I can say that it did EXACTLY what I said it would do earlier in this thread -- chop sideways today and into tomorrow. After the Federal Reserve announcement at 2:00 ET, look out! We could have a wild ride for a few days as the market figures out what to do next.

5
FEARNOT 5 points ago +5 / -0

When the crash comes I hope it will wake the smart people up to the fact that the only way trillions of dollars goes missing overnight is because the value was stolen a very long time ago. The market is nothing but smoke and mirrors with greedy people intertwined all through it. I know, stomp on the guy that tells the truth.

4
GoGoOptomistic 4 points ago +4 / -0

It’s interesting as I’m wondering what is propping it up at this point? President Trump has long said it’s to high. My thought is they are pumping money in saying there’s no chance of a crash, blah blah blah, but I agree the Clif is near and this market is planing on doing a Thelma and Louise. After March 2020 I’m no longer in decided it was to rigged at that point Cramer is a paid pos Libtardian I hope he goes down in flames.

8
scurfie 8 points ago +8 / -0

Why is it that nobody is asking who it was that spent 3.1 Trillion dollars to put the stock market into the green yesterday?

4
Goldenhawk 4 points ago +4 / -0

exactly ...can't let it crash just yet, have to wait for something big to blame it on. also, cramer is a golden slacks [ goldman saks ] shill, do the exact opposite of whatever he spews. i'd suggest buying anything u can hold in your hand, gold, silver coins, and crypto ( control of your private keys ) remember Evergrande ? they have a massive bond payment due Thur. with no intention of paying it.

1
GoGoOptomistic 1 point ago +1 / -0

That’s what I said!

1
Pbman 1 point ago +1 / -0

Media glossed over that yesterday,called it an unprecedented turnaround,they didn't mention the 3 trillion as it would make people think.

4
CMAnon 4 points ago +4 / -0

Ditto how they've been pounding on DWAC but the Apes know what's up.

4
Jcholl9 4 points ago +4 / -0

Interesting… i’m not sure how much this is related but I was watching the local news last night and they were talking about tax returns. I got a feeling they were trying to beg people to file early, in hopes of getting a tax return back sooner than expected? But what I think they were really after is money.

2
MegaMAGAMichiPede 2 points ago +2 / -0

I keep getting emails from the usual tax prep companies almost begging me to file, “the IRS is now accepting!” “Save $10” “Don’t delay!”

Yeah NO.

1
Jcholl9 1 point ago +1 / -0

Yea no is right... I'm going to wait and see what happens. Time for the IRS to go away.

4
KimJung-Un 4 points ago +4 / -0

Mutual funds lmao. "He's right dad, the working man is a sucka"

4
Yukoncornelius 4 points ago +4 / -0

I’m only in DWAC but I’d have GME and AMC too if possible. Truth Social will be strict but that is alright because we need top leftie personalities to join as well to bring everyone together for the new age of people.

Left leaning Twitter, center/truth Truth Social, right leaning GETTR and free speech platform Gab. That is a good blend, but we do need more app options for Roku with independent thinkers. There needs to be many options available in the future for however you think because we are all different and will be happier to go down specific rabbit holes instead of all the same one.

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SuckaFree 3 points ago +3 / -0

This bullshit is why I avoid the stock markets like the plague.

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MegaMAGAMichiPede 8 points ago +8 / -0

Same, fren. All rigged against us. I don’t even trust a Roth IRA or 401k, as someone else on this site said, they’re basically just a promise, not actual money, and if the market blows so does your money. Happened to my parents and millions of others. Between the two of them they lost a WHOLE LOT off their 401ks in 2008.

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deleted 2 points ago +2 / -0
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MAG768720 0 points ago +1 / -1

That can be done without closing out the 401k, but few people know how to do it, and it takes jumping through a bunch of hoops.

It can be done without paying the taxes, though.

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deleted 2 points ago +2 / -0
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MAG768720 1 point ago +2 / -1

What you need to understand about a 401k or IRA is that the concept of "self-directed" has two different meanings.

Most people think of self-directed as opening an account at Fidelity (or similar), and invest in whatever they offer (which is only things they make money on).

But there is a different type of self-directed.

Fidelity and similar companies are the custodians. If you find an independent custodian, then they will let you invest in anything you want, other than things that are specifically against the 401k/IRA rules (art, baseball cards, collectable coins, etc.).

Here is an example, but not the only one:

https://www.solo401k.com/blog/who-is-the-trustee-and-custodian-of-the-solo-401k/

Now, there are several concepts to understand.

  • IRA vs. 401k
  • Traditional vs. Roth
  • Corporation vs. Sole Proprietorship
  • Unrelated Debt Financed Income
  • Real Estate owned by retirement account

(1) If you have an IRA, you can roll it over into a 401k ... but ONLY IF your custodian allows it. If not, find a different custodian.

(2) If you have both traditional and Roth, keep them separate to avoid the taxes of conversion.

(3) You can set up your own company, either as a sole proprietorship or a corporation (C-corp is better than S-corp in some cases, for this purpose). Depending on circumstances, setting up the corporation might be better because it can provide more flexibility (but I have not looked at any recent changes in law/regulations -- this was the case a few years ago). Your business does not haver to be profitable and you do not have to spend much time in it. It could be simply online affiliate marketing, working on cars on the side, whatever. Just make a small amount of money, and that's all you need. You can also have losses rather than profits, but you just need to intend to be profitable someday. The main thing is to have SOME revenue, even if its your buddies paying you a few hundred dollars for moving stuff, helping them set up their computer, etc.

(4) Once you have your business set up, you create a 401k. Use one of these independent custodians, and they will do it for you (for a fee). Now, THEY are the custodian, and THEY allow you to invest in anything you want. No more Fidelity restrictions.

(5) Then, roll over your current 401k to you new 401k that YOU control.

(6) Next, create an LLC that is 100% owned by your 401k. This LLC will now be your investment vehicle. If you like Fidelity or other similar brokers, you can put some of the LLC's investments into that account and keep doing what you are already doing.

(7) Some/all of the money in the LLC can be invested in other things, including real estate.

(8) If the LLC invests in real estate, the real estate cannot have any debt (mortgage), or "Unrelated Debt Finance Income" tax comes into play. If it must have a mortgage, then you need a more sophisticated structure, which is beyond the scope of what I will post here. [NOTE: This applies to IRA's, but not the right kind of 401k, which is why you want to get rid of your IRA's by rolling over that money into 401k. Then, you don't have to worry about UDFI.]

(9) If the LLC buys a farm, let the LLC own the land (free and clear, if necessary, but probably not if the right 401k is used), and use the business (a corporation, if necessary) own the "farm" which is the managment of the land. Ideally, subdivide a section for personal residence, and do NOT have the LLC/401k own that. If you live in/on the property owned by the 401k, that causes MASSIVE tax problem. So, separate them all out: Farm Land, Farm Operation, Personal Residence, and do not let any property that you personally occupy be owned by the LLC/401k. You also might have to hire a farm hand to manage the farm. Check out how people do this with investing 401k money into residential apartment buildings, and you will get the idea of how to do it without creating tax problems. [NOTE: Instead of using the LLC/401k to BUY some of the land, you can BORROW $50,000 and buy it in your own/other name; just pay back over 5 years.]

(10) Bonus sophisticated strategy: If you have both a traditional and Roth 401k, you want to keep them legally separate to avoid a tax bill, but you can have them invest in the same LLC. Just use common and preferred shares, and make the Roth own the common with the Traditional owning the preferred. The max gains will go to the Roth. This is sometimes called a "Limited Partnership Freeze." Research it.

The main thing is that the LLC/401k cannot own real estate that you personally benefit from, and you need the right 401k setup to own real estate with a mortgage. So, do some research so that you are doing it without causing tax problems.

Good luck.

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deleted 2 points ago +2 / -0
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MAG768720 1 point ago +2 / -1

You got it.

Been awhile, and I edited a couple of things.

The right 401k setup CAN own mortgage real estate.

Just be sure to look into ANY real estate that is considered "benefiting" you, personally. Structure it with multiple entities, if needed.

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queue-anon 2 points ago +2 / -0

But if they held they would have gained back what was lost in 2008 right?

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MegaMAGAMichiPede 2 points ago +2 / -0

Yes but it took a long time. Must be nerve wracking to see 20+ years’ worth of investing go POOF, I couldn’t imagine.

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queue-anon 1 point ago +1 / -0

Yeah true

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Thothbag 3 points ago +3 / -0

Didn't the bank in german during or just before ww2 try to get the public to buy and buy etc to crash the system harder?

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Pbman 3 points ago +3 / -0

Jim's the man,I'm still holding my bears sterns stock.

Lol buy buy buy.

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FEARNOT 2 points ago +2 / -0

Robert David Steele had a little something to say about wall street. To bad he is dead now.

https://www.bitchute.com/video/ehzU4MvnKhyP/

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Th4rd_R3ich 1 point ago +1 / -0

Yup he's dead or escaped culpability for being a CIA plant. Fuck that guy

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FEARNOT 1 point ago +1 / -0

It will be interesting to see when this is finished of he was good or bad. I thought he was doing some good things.

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Th4rd_R3ich 1 point ago +1 / -0

Literally ALL of the so called "Truthers", have turned out to be money driven grifters looking to profit off of the Q movement. Q was right when he said, "Be wary of those who will undoubtedly be looking to profit off this movement".

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DaesDaemar 2 points ago +2 / -0

My wild-haired theory is the market is dumping because investors who shorted GME into the ground need money to cover GME stuff so they sell across the board to cover things.

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Datasinc [S] 2 points ago +2 / -0

Not a wild theory, truth.

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_Donald-Trump_ 2 points ago +2 / -0

Lol total insanity

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OldSchool2 2 points ago +2 / -0

Market wont crash until after Nov. It's an election year- mid terms, they will do what they have to do to keep power.

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deleted 2 points ago +2 / -0
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MAG768720 -1 points ago +1 / -2

IMPRESSIVE!

You bought GME at $300, and now it is under $100.

And you are willing to ride it further down -- AFTER a 70% loss.

You might see if Jim Cramer will have you join his team.

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deleted 1 point ago +1 / -0
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Beat_it_Commie 2 points ago +2 / -0

Ctrl+F and I only find two people mentioning physical gold/silver? Tsk, tsk GAW.

The only way forward for a monetary system is physical gold/silver, just like the Constitution says. Q clearly states "Gold will destroy the Fed".

There are other vehicles, all of which I'm invested in ($AMC, $GME, crypto), but people need to realize that fiat currency is going to be worth ZERO. Physical assets will be king - "if you don't hold it, you don't own it".

This is a great 30 min animated film which explains the Fed, in an easy to understand way: https://www.youtube.com/watch?v=ExBE651_vOY

Credit to u/queue-anon and u/ThePatriotsParty from a thread the other day.

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Siren 1 point ago +1 / -0

Do you have any recommendations for a newb on the best way to go about investing in gold and silver?

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Beat_it_Commie 3 points ago +3 / -0

A small selection of sites for purchasing (US buyers):

APMEX.com (High prices, but best selection and variety of coins, rounds, bars, collectables. Good resources/FAQs on investing)

JMBullion.com / Providentmetals.com

silvergoldbull.com

bullionexchanges.com

scottsdalemint.com

goldenstatemint.com

Avoid sites like Ebay, due to the amount of counterfeits/fake metal and higher probability of scammers

I've only purchased using online dealers, as all of the Local Coin Stores charge crazy premiums, hence I get more ounces for my fiat currency by purchasing online. The amount of negative experiences/shipments I've had purchasing online is less than 3, over the past 10+ yrs investing.

spot price + dealer/mint premium = the price you pay for a troy ounce of metal. Due to high demand of metals currently, the premium is usually a minimum of $3-5 per ounce higher, depending on the product. Discounts for bulk purchases as well as purchasing with a paper check (or echeck/ACH for sites that have it) vs using a credit card.

Coins = considered legal tender (generally) in country (American Silver/Gold Eagles, Canadian Silver/Gold Maples, British Silver/Gold Britannias, etc) and have a face value of a currency. Nearly all dealers will charge state tax, depending on your state. My state charges tax on COINS now. Due to this, I converted to purchasing rounds/bars to get more ounces for my currency

Rounds = NOT legal tender and do not have a face value, only a weight and fineness stamped

Bars = generally the best value for your currency, per troy ounce.

Whatever you decide to purchase, recommend diversifying weights: <1oz, 1oz, 5oz, 10oz, kilogram, 100oz. The downside to smaller weights is a far higher premium. So two half ounce rounds might run you $30 vs $25 for a single ounce round. US "junk" or constitutional silver currency (pre-1964, 90% silver coinage) is a good way to have smaller weights of silver, although premiums are climbing on junk silver too.

Also, even if your state charges sales tax on coins, I'd recommend having some sovereign coins for the recognizability. Unfortunately, premiums on American Silver Eagles are sky high currently, but I'd still want to have some in my stack. I'd then pivot to Canadian Maples. I also really like South African Kruggerands and Britannias for coins, just wish I didn't have to pay tax. Otherwise, stack whatever combo of rounds/bars looks appealing.

Recommend staying away from graded coins and numismatics (value of a coin beyond the metal content) until you learn more and spend some time in the community learning. But that's the great thing about precious metals investing - you can turn it into a hobby as well through coin collecting and build/protect your wealth at the same time. Great hobby and learning experience for children.

Gold vs Silver: the best VALUE is purchasing silver, due to the fact that it is an industrial metal as well as an investment metal and it's criminally undervalued (by design). Gold is not used much in industry and is recycled due to the high value. The gold/silver ratio is around 75 to 1 of silver ounces to a gold ounce. This means it's better to buy silver and convert the silver to gold if/when the ratio changes. Historically, the ratio is closer to 7 to 1 silver to gold. However, if storage space is or becomes an issue, you can get far more value in gold vs silver. I recommend diversifying metals, so everything is on the table, but silver is the better play.

If you're looking for even more resource and a dedicated community, check out reddit.com/r/wallstreetsilver. reddit.com/r/silverbugs sidebar has a better list of dealers for purchasing, but is a leftist controlled community.

It's a lot to unpack, so hopefully this helps.

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Siren 1 point ago +1 / -0

Thanks. That's a very quick, and detailed response. Hmmm...

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Beat_it_Commie 3 points ago +3 / -0

You're welcome. Hoping it helps to get metal into your hands. The stock market is manipulated, just like precious metals are, but the biggest difference is you can hold your metals and trade them with other people - they've ALWAYS had value, for the past 5000 years. Sure, you can Direct Register your stock shares and "own" them, but you're still playing into the cabal controlled scheme. And THAT house of cards absolutely has to collapse - nobody knows what's going to happen to the wealth contained within when the dust settles. Diversify, but I prefer real money which is gold/silver.

One thing folks don't understand is that We, The People don't need the stock market if our MONEY had true value - before central banks tried to get their greedy cabal fingers into the pie. We wouldn't need to gamble in the stock market if we had honest money. We build our wealth by working hard and earning an honest wage - that's it. Zero need to "invest" it. A days wage in Ancient Rome was about 1/10 of an ounce of silver - size of a US dime. So the fact that you can buy TRUE, HONEST money for ~$25 US dollars right now today? Back up the Brinks truck and load all that shit up LOL.

If you're on the site and not a shill for the cabal, you should know that we're getting closer to the end of the "movie". The fact is that once mainstream media is talking about precious metals, it will be too late for most people - it'll become unobtainium. I'd much rather start stacking sooner than later because supply is already starting to become an issue. Hence the "silver squeeze" motto of WSS.

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DesertBrat 2 points ago +2 / -0

Toward the end of 2007, my industry was the first that pretty much shut down. By spring of 2008, lost everything. A lot of people I know, same for them.

So, 2008, before the shit hit the fan, I'm watching the Today Show. Cramer gets on there and says the same type of shit as he did yesterday. The 'everything is fine' thing. I was pissed! Gaslighting at it's best.

This feels like a repeat of 2008.

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Island_Photo 2 points ago +2 / -0

what was the movie/book when Lehman was trying like crazy to sell their positions before the nose fell off of old man mountain??

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hildberht 2 points ago +2 / -0

Is that fuck stick still around? Fucking useless.

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Whirlybot 2 points ago +2 / -0

What are th thoughts on the housing bubble? Timing?

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Vampyregod 2 points ago +2 / -0

Whg wouldnt he say to wait until after the meeting today?

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GA_Logic 2 points ago +2 / -0

Because Cramer is a paid shill that bends the knee for his masters.

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CavePeasant 2 points ago +2 / -0

It’s too early in the timeline for that IMO. We have to deal with the vaccines, lockdowns, masks and mandates first before we allow the economy to crash under Biden.

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MAG768720 0 points ago +1 / -1

Russia and stock market might be two tools they will try to use to distract from Covid fraud and election fraud.

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deleted 1 point ago +1 / -0
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MAG768720 1 point ago +3 / -2

Yes, Jim Cramer is a shill. Yes, Jim Cramer is usully wrong. But the rest of this post is BS.

Tha majority of stocks are in their own bear market right now. The only thing holding up the indexes are very large stocks (FAANG's) and energy and boring defensive stocks, like utilities.

This is because the big money managers are expecting a market selloff, and this is the only place they can put their big money to reduce their losses.

GME is a joke. It is down 80% from its high, and guess what ... it ain't coming back. The entire premise of the big squeeze was that naked short sellers where shorting more than 100% of the shares outstanding. Okay ... but have you seen the short interest lately? That entire naked short position, though illegal, was unwound and no longer exists. Short position is now only 13% of the float. So, the reason for the stock pumpers to push that stock is gone. Why would anyone buy it now? No reason.

DWAC is a stock that has ... ZERO REVENUE. Those stocks will get CRUSHED in a market selloff. It does not matter who is behind it. Maybe it will have success eventually, but until it earns its first dollar, it is no different than the Tulip Bulb Hysteria of the 1600's.

Yesterday was a major reversal, and at an important, key level. We SHOULD see some buying now in the market ... IF ... the market is going to hold up. But if we don't see buying today or very soon, and it continues lower, then the planned market meltdown has begun.

We are all getting some psychological relief of the Covid lies right now. Will that continue, or will they go for another tyrannical round? I don't know. But the wardrum beating for Russia and the market meltdown are two ways they can try to change the subject and get people off the Covid and election frauds.

These people need to HANG.

In the meantime, do not get caught up in hysteria. DWAC has no revenue. GME has no naked shorting (anymore). The market has no reason to go higher, unless it does. Time will tell on that, but today is a VERY bad start, considering how things went yesterday.

Jim Cramer is a doofus and part of the criminal conspiracy against the People. There was somone a few years ago who had a monkey, and he had the monkey "pick stocks" vs. Jim Cramer. The monkey did a better job than Cramer. That's all anyone needs to know about that conman.

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MAG768720 0 points ago +1 / -1

^ Forgot when I wrote that: FOMC meeting is today and tomorrow. Announcement is tomorrow at 2:00 ET.

THAT is when the market will take off to the upside -- OR -- crash and burn. Today and tomorrow morning looks like chopping sideways until that announcement tomorrow.

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NaziFags 1 point ago +1 / -0

How could you be so sure that there aren't any naked short positions on GME?

Most of their shorts are off the books. That's how they brought the price down while 100,000s of people bought up the stock and held. I don't think you can definitively say the shorts are covered. Likewise, I can't definitively say they aren't.

If they were shorting the hell out of it to bring the price down, they would just be digging their hole deeper. Combine that with the stubborn mentality of gamers and people on reddit, I would think that the apes would own the float and some.

I've made my bet and I'm sticking with it. Now, I will give you the fact that Wall St. seems to always find a way to screw over the little guy. Time will tell. I don't think you should be shilling the hell out of this thread, you've made your point, no need to make 20 comments trashing GME. It's a bad look on something you cannot be 100% on.

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MAG768720 1 point ago +1 / -0

There WERE naked shorts. It was obvious because the reporting numbers showed more shorts than what was available in the float.

I think I even created a thread on this topic here on GAW back then, or maybe just comments in others' threads. But I do remember that time.

Today, it is 13.50%. So, they did NOT hide it before. Why would they now.

More importantly -- HOW would they hide it?

It's easy to say, "They just hide it." But that is NOT how it works.

Shorts don't daytrade. Not the big guys. They establish a position and hold on. The institutions that help naked shorts manipulate the books, but only to a certain point. They can't hide big short positions they way these bozos online are claiming.

And they DEFINITELY are not going to get the fund managers of XRT and IWM involved in their scheme.

Yes, Wall Street is manipulated like crazy, but there is ZERO chance that this story about the continued naked shorting that is somehow done in "secret" but some dude online "knows" they are doing it because ... well, he JUST KNOWS.

I did not realize so many people around here were still touting GME. So out of curiosity, I looked up the stats on the shorts and the financials on SEC.

GME is a VERY bad stock. I don't care if there are "hidden shorts" (which is nonsense). Even without that, the company is close to bankruptcy.

It is down 80% from the highs.

HELLO???

There was ONE person in this thread who actually responded to my points. EVERYONE ELSE is just acting like a shill.

Hey, do your thing. If you own GME and it goes up, good for you.

I don't see it.

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WhiteTrashJesus 1 point ago +1 / -0

I don’t know what cramers angle is but i dont believe we will have a long term bear market or crash that doesnt recover quickly because the fed is printing money And they cannot stop regardless if they raise rates. A full long term market crash would bri BF The govt and fed down with it. Maybe they want people to buy now and panic sell so the banks can buy the dip. Or to keep their money out of real assets

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MAG768720 1 point ago +1 / -0

because the fed is printing money

That is exactly WHY the crash will come, sooner or later.

Carbon copy of the 1929/1930's era.

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Stumpycake 1 point ago +1 / -0

GME, AMC, DWAC, Bitcoin, Etherium, and Loopring. Can't wait for all this shit to make me fucking rich already.

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Datasinc [S] 3 points ago +3 / -0

Loose the AMC part and I agree.

AMC execs gave themselves massive raises when the price went up instead of putting anything towards the biz.

AMC is a false flag without the technical and being pushed by the HF's, bots, and shills. Ditch that stickyfloor and grab more GME while it's on sale. 2/22/22 is our big day I think.

All my crypto is in LoopRing right now tho. 100% Should be over $10 by EOY

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overrun 1 point ago +1 / -0

Recall early 2000s Cramer had a solid take on dotcom/IPOs & retail investors should avoid them, stay with blue chips. He was pretty much spot on about them being all about promotion, image & advertising with no fundamentals. OTOH... anyone with any common sense saw the same thing and did not buy into the hype. But he may have included Apple in there too IIRC. Now Cramer makes $5M/year to defend the indexes.

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MAG768720 1 point ago +1 / -0

In 2000, Cramer told everyone to "buy, buy, buy!" and he maintained that schtick ALL THE WAY DOWN.

Same thing in 2008.

He told people to buy Bear Sterns, just days before it went bankrupt.

1
overrun 1 point ago +1 / -0

Didn't the meltdown come after 2000 though? I thought the big dump was post 9/11, no?

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MAG768720 1 point ago +2 / -1

No.

The market topped in JAN/MAR 2000 (depending on which index). The market went into a bear market, and 9/11 was just another leg down.

Market hit bottom in OCT 2002/MAR 2003 (depending on which index), and went up into late 2007, when it topped again for the next bear market of 2008.

Cramer told everyone to buy all the way down in both bear markets.

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overrun 1 point ago +1 / -0

I did not remember that. Likely as the company I was with (publicly traded) gained until 9/11 then collapsed after. This image pretty good on tht period -

http://static.cdn-seekingalpha.com/uploads/2008/11/4/saupload_bullandbearnasdaq1998_2003gif.png

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DZP1 1 point ago +1 / -0

But but but I need to invest in 'be more white' company's products.

-- signed, Mr. Sheep

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PlumberFag 1 point ago +1 / -0

Buy some VIX etf, when this pops off the fear index is gonna go thru the roof just like 2008

1
flatissmooth 1 point ago +1 / -0

Could we cause a reverse bank run? How much money in the markets is actually the big guys? How much of the little guys money do they rely on?

After GameStop, nobody playing the game gets a free pass, I stopped playing the game and got out of the market. What would happen if everyone got out of the market at the same or near the same time? It's rigged AF anyway.

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MAG768720 0 points ago +1 / -1

How much money in the markets is actually the big guys?

Most of it.

How much of the little guys money do they rely on?

They rely on the little guys to provide the money to the market, so the big guys can take it. That is Jim Cramer's primary role -- to sucker in the little guys.

What would happen if everyone got out of the market at the same or near the same time?

Won't happen. The big guys would just prop it up and manipulate and use media until the little guys think it is safe to step in again, which they will do because everybody wants to make money in the market.

1
flatissmooth 1 point ago +1 / -0

Well, tarter sauce.

1
Mrt0 1 point ago +1 / -0

Elon was signaling bear run 15th of Jan at his twatter. Is it better to get stablecoins and buy dip or short the market?

Not looking for an advice just toughts.

1
Datasinc [S] 1 point ago +1 / -0

I put ALL my crypto in LRC. If GME and LRC are about to launch not only a new digital media marketplace but also an NFT based stock market system (Fraud free, no middle-men) then I'm gonna retire after they moon.

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MAG768720 -1 points ago +1 / -2

To all the GME cheerleaders --

Have you LOOKED at the GME financials?

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1326380&accession_number=0001326380-21-000129&xbrl_type=v#

They are losing money.

Their balance sheet shows that their liquid assets are eaten up by their current liabilities. And their non-liquid assets are smoke and mirrors.

They had a recent cash infusion that saved them from bankruptcy, and that money is gone already.

They will need another one ... SOON ... since they are now eating up cash with their loses.

Assuming their "merchandise inventory" is worth 10 cents on the dollar in a liquidation scenario, they will be bankrupt in less than a year, given their current burn rate.

Forget the short sellers. The company is headed for bankruptcy.

Maybe there is a "white knight" out there who will save the day ... but why would they? It happened once, maybe it will happen again.

But that is not exactly a good reason to be buying stock of a company like this.

The short sellers were right about this company, and EGO keeps many people from seeing the reality of the situation.

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Datasinc [S] 2 points ago +2 / -0

This is false. Here's the DD collection

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MAG768720 -1 points ago +1 / -2

No mention of GME's financials ... because you CAN'T.

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Datasinc [S] 3 points ago +3 / -0

Like no debt and record sales? It's literally in the DD I linked. Didn't realize you needed to be spoon-fed. You want me to make airplane noises too?

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MAG768720 -1 points ago +1 / -2

Like no debt and record sales? It's literally in the DD I linked.

Record sales? You're JOKING, right?

Their sales are DOWN about 50% from 3 years ago -- and they have been DOWN EVERY YEAR since then:

https://finance.yahoo.com/quote/GME/financials?p=GME

No debt? I guess ... if you IGNORE that $2 BILLION in liabilities.

https://finance.yahoo.com/quote/GME/balance-sheet?p=GME

Didn't realize you needed to be spoon-fed.

LOL. Talk about needing to be spoon-fed. If that ain't the teapot calling the kettle black, I don't know what is.

You want me to make airplane noises too?

No, actually I'd like you to do some FUCKING RESEARCH when you tout companies that are on the brink of BANKRUPTCY.

That would be nice ... for a change.

I don't know if those fake stock experts online told you this or not ... but YOU can be prosecuted for stock market manipulation when YOU tout a stock with LIES and misrepresent what is really happening.

Probably not likely, but possible.

Looks like when Q posted "Logical thinking" it went over your head.

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Datasinc [S] 2 points ago +2 / -0

Talk to me at the end of next month kiddo.

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deleted -1 points ago +1 / -2
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MAG768720 -2 points ago +1 / -3

Still refusing to respond to FACTS, I see ...

Maybe we should put you in charge of the Covid psyop.

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Datasinc [S] 2 points ago +2 / -0

Awww it's making a personal attack! How cute!