I understand the idea that there is a massive short on GME, and that it will (eventually) cause an even-more-massive 'short squeeze', sending prices 'to the moon'.
What I don't understand is how that translates into an actual financial benefit to (real) shareholders - because of two 'holes' that I see (as an amateur).
The 'near infinite' nature of the debt seems to allow for two scenarios that may be 'the first of their kind'.
First - What's to stop the 'big guys' from simply 'erasing' the transactions that say they have a short position? If they 'own' the markets, can't they (in a big enough emergency) simply scrub the books? (Of course I know this would be 'illegal', but what's to stop it from happening?)
Second - If the loss to any one entity is large enough, what's to stop them from simply declaring bankruptcy (or some similar 'out')? How would you 'recover funds' from an entity that is no longer in operation (and/or doesn't have the 'infinite assets' that would be required to cover the new 'to the moon' price)?
And if the DTCC can't cover, then the fed has to cover.
This is when 'Cyber Polygon' coincidentally goes into effect.
Remember when Q said, "Gold shall destroy FED"?
You are chasing a ghost.
It's okay hedgie, you can learn how to code.
You said, "And if the DTCC can't cover, then the fed has to cover."
According to your own words, your whole plan relies on the FED paying you off. The FED is about to be destroyed. Do you not see the huge flaw in your logic?
The BRICS nations are about to release a new global reserve currency backed by commodities [GOLD]. Gold shall destroy FED!!!!!!! Wake up, brother.
You are trying to get rich. You are blinded by greed. :(
what I and maybe them are trying to do is, load the F up on fiat.. then buy a shit ton of gold with it.
And how is the fed gonna be destroyed?
They are being hurt every day,weather we win or not. I also buy silver to hurt the banks.
Don't realy care if I make money or not,I'm fighting back the only way I can.
Owning stock in a good company with good values is valuable even without a squeeze. It’s a safe place to store wealth during massive economic upheaval. Don’t get me wrong, I am not putting all my savings in one basket but it’s a good choice as one hedge against a crash.
we are overwhelming the system. every share gone is another they have to fake. the float has been locked for over a year, but if they can't borrow against it, the system breaks. 51% more to lock.