Apes of wallstreetbets and superstonk on Reddit. Basically they have found much of the current stock market is a total scam.
But it is theorized that many hedge funds are very short on some meme stocks particularly GameStop. Some theorized by 800% or greater via naked shorting which is highly illegal become it is counterfeiting shares. Anyways the apes are taking stock out of the game by DRSing stock out of the DTCC. At some point there will be massive short squeeze and then those hedge funds will be liquidated. This could cause a domino effect and cause many large banks to also be liquidated.
Toys R Us and Sears were publicly traded companies. Both would have had customers for forever, but they're gone because they were shorted into bankruptcy.
What is "APES"? Is it an acronym?
Because I don't think it means those fucking stupid Bored Ape NFTs.
And what does Buck Rogers have to do with this?
Apes of wallstreetbets and superstonk on Reddit. Basically they have found much of the current stock market is a total scam.
But it is theorized that many hedge funds are very short on some meme stocks particularly GameStop. Some theorized by 800% or greater via naked shorting which is highly illegal become it is counterfeiting shares. Anyways the apes are taking stock out of the game by DRSing stock out of the DTCC. At some point there will be massive short squeeze and then those hedge funds will be liquidated. This could cause a domino effect and cause many large banks to also be liquidated.
https://www.drsgme.org/
https://www.gmedd.com/
Well, yeah. "The stock market is how (they) remove fiat from circulation."
And the stock market is also used to destroy great American companies that threaten to disrupt shit tier companies.
Toys R Us and Sears were publicly traded companies. Both would have had customers for forever, but they're gone because they were shorted into bankruptcy.