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.
This right here. By 2024 DWAC could be up there with Tesla - if Tesla still exists.
Hodlin 10 shares DWAC TO THE MOON BABY!!!
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.
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?
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.
Tim is a Never Trumper deep down inside. Whats even more suspicious about him is how blindly he behaves towards evidence.
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?
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.
Ape stronger together
Lol give credit at least.