Those of us following GME and AMC, many of us will achieve financial abundance because of our diamond hands holding AMC and GME when the MOASS hits. Our financial power can be used to as a final nail in the coffin for the DS and their fiat scam. Here's how:
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Convert most earnings into gold, silver, or crypto
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Start Businesses. Can be anything as simple as a restaurant or a babysitting service.
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Use business to solicit goods and services in exchange for gold, silver, and cryptocurrency
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Perhaps still accept some fiat, but provide discounts for alternative payment options.
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Reduce the usage and need of fiat to the best of our ability through our businesses and local action.
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Become investors for local businesses to encourage use of alternative currencies.
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Let Congress print trillions of dollars and bail out the hedgies. Their monopoly money won't hold any value when we successfully convert our local communities out of their system.
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Watch the Fed and IRS reeee as we tar and feather them through memes.
What I don't get: who buys these shares once they mooned? The hedgies? They just declare bancrupcy. Out of the game. The insurances? I doubt the debt caused by naked shortselling will be covered. So how do you make money by selling something nobody is able or willing to buy?
I'm highly doubtful that the hedgies are able to answer the margin calls on GME and AMC. They just drop down dead.
They buy if they must because they are forced to by an entity with authority to force them to make good on their illegal short positions.
So what happens if they all just shutter their operation and the SEC declines to do anything about it?
I havent seen yet where they wont all break the rules to keep each other safe and secure.
We win. Those of us that have share drs,will own a very good company.
Your response is reasonable; a response that does not change the validity of what I said. The idea of people doing things because they were forced to by someone(s) or some thing that has the authority to force compliance or force penalties. One more aspect that I assume, 'and is willing to do so'. This last part is, I think, the point you are raising. I am assuming that for the MOASS to be meaningful that an authority WILL use force. No force, no accountability. Please note, I never mentioned the SEC.
Wasnt challenging, simply asking. Not sure if it could even happen. I just tend to err on the side that they will break the law.
So, is it even possible for that to happen and would everyone who is holding stock just keep what they have....no moonshot?