Anybody else still assuming that the the stock market and economy need to crash under Biden as part of the destruction of the deep state? Maybe I misunderstood that?
Anyway, if this country's economy and the stock market are supposed to be pieces of the precipice (which is a theory, not a fact), then they're not really playing their part.
But even as I type this, the commercial real estate bubble-popping moment is supposedly hitting the big banks hard, and it is it going to have a ripple effect soon.
Other black swan triggers?
The GameStop naked shorting saga is the primary trigger. And it doesn't involve just GameStop.
It looks like Carl Icahn is working with Ryan Cohen of GameStop and others including pulte. They are about to do a carve out of bed bath & beyond which is in bankruptcy proceedings right now. They will transform those holdings into their new company "Teddy" and most likely rebrand under GMErica"
It should be something along these lines: To massively shorted companies, bed bath & beyond, and GameStop, rebrand and change their stocker symbol under the new parent company causing a stock recall which forces shorts to close/cover. This cause margin calls throughout the industry taking out hedge funds and banks alike. A massive transfer of wealth. The biggest in history.
Instead of bailing out these institutions once again and allowing them to carry on we will see a replacement of the existing stock market system with tokenized securities meaning stocks will become NFTs which are just digital tokens ownership that can only be at one place at one time. This eliminates multiple types of fraud and improves the marketplace in a variety of ways as well as eliminates entire corrupt government institutions and private institutions involved. Imagine a fair and balanced market system where you can buy sell and trade stocks from your phone for a couple of cents per trade while having those stocks in your name instead of your broker's name and they can't be loaned out against your will to short your own position.
It's going to be glorious but in order to do this the entire existing system has to be burned down and the fire has already started.
Yup
Yeah, whatever you are talking about it’s not based in any kind of reality whatsoever. BBBY is done, finito, they can rebrand and issue new stock (as in a whole new IPO) but the old stock will just be cancelled. Everyone left holding has a loss to offset other gains. That’s all folks.
GME isn’t done as of yet so the whole “to the moon” thing is technically still alive but don’t be surprised if it never happens.
It is though. It's weird you would push back against the obvious truth of naked short selling and counterfeit shares when it's clearly true.
And when, again I state emphatically, WHEN, the moment strikes, simple math takes over. Supply and demand takes over. The greedy are fucking GREEDY and they'll eat each other alive trying to keep what yhey can while getting out of this catastrophe they built.
DRSing shares into Book form is clearly a weapon to fight corruption. When it goes off, and the normies figure out there was ZERO reason to think "faith in the system" was going to save them, this numbers game must take place.
The infinity pool is real. We have no telling what happens other than it must be a complete removal of the Fed and the currency must be pegged to gold and silver, or other real asset. DRS book shares are the only real shares around. They'll be invaluable.
I demand to have everything Ken griffin has, financially speaking of assets, so we can restart this economy, the right way, with apes investing massive amounts of wealth (REAL wealth), into their local economies. These truths, while uncomfortable to some and terrifying to others, are still true, regardless of what anyone says.
^this
It’s much more likely the market tanks and all you yahoos who DRSed shares have a hell of a time selling when you want to, lol. Too the moon already happened, losers lost, and normalcy came back.
So the short positions are closed?
Super salty shill stink emanating off of you.
Depends what stock you are talking about, but in the case of BBBY anyone with a short position once the stock is cancelled, effectively, yeah. Can’t sell or buy, brokerages do a commission free courtesy sell/buy that’s a zero dollar transaction once you’re ready to take the loss or pay taxes on the gain in the case of a short sellers dream scenario.
As far as GME I have no idea what the current short position on it is, I am sure that short positions have been opened and closed on that millions of times over. That’s just basic trading. For the fun of it I quickly looked at current shares outstanding, around 306 million, 52 million of which are shorted, it trades 3 million ish a day, 14 days to cover based on those numbers…I wouldn’t be short this right now EXCEPT Cramer just came out and said that the meme stockers are in control of that stock and we all know how wrong he can be. I would if anything go long for a quick pop and then get out, but that’s if I was even interested. You can find better plays.
I don’t know where the shill shit comes from, I was a stock broker for about 8 years. Mostly active trader desk stuff. I just understand the mechanisms is all. I should tell you to suck my dick but I am feeling friendly today.
do you not even understand what a carve out is? Apparently You don't.
GameStop created a new brand' "Teddy" are you aware of this? Basically it's going to be like chewy.com but for kids. From furniture, toys, essentials, baby items and much more. They are going to purchase all the BBBY stores, warehouses and distribution centers for pennies on the dollar.
At any point did I suggest people buy bed bath & beyond stock? No I did not.
Why are you misrepresenting me?
Why are you making definitive statements when you're not even apparently aware of what's transpiring?
This is all a side issue though. GameStop is the trigger. GameStop = "game over" in the plan
I know what a carve out is. I also know that what you are describing would never happen as you describe because bankruptcy proceedings IE creditors would never allow it. If that were true, literally anyone could step in and offer more then “pennies on the dollar.” Your thoughts aren’t even logical.
And yes, you attempted to describe some scenario where a new ticker is issued and the old shares have to be “bought” to cover shorts. No, they don’t, and you weirdos who do not understand how shorting works in the least need to stop.
The shorts WON. This is a GOOD thing. It was a shit company and had been for a long time and people were SMART to short it.
I am aware of what you are describing, it’s called Amazon.
lol okay shill
Lol I'm "giving up" because I'm not going to play chess with a pigeon?
The fact that you're strutting all over the board knocking off pieces and shitting on the table doesn't mean you won the game.
Shorts never covered.
Your last sentence is criminal.
Icahn and Cohen SS as much as anyone can when it makes sense.
You are literally blabbering pure fantasy.
https://www.reddit.com/r/BBBY/comments/15nminr/docket_1873_did_i_just_read_carve_out_is_this/
lol eat your stupid words dumbass
Good luck.
Popcorn guy?
Never. Popcorn was a distraction. Yeah it was naked shorted but it has no turnaround plan. It has no DRS action.
Just look at the actions of the AMC executives. When the stock price went up they just gave themselves raises and bonuses.
And movie theaters are a dying business and they have no plans to transition into anything else.
GameStop on the other hand is creating a multi-billion dollar digital marketplace that will completely revolutionize digital ownership. It's like Steve Jobs coming out in this stupid turtleneck with the iPod and revolutionizing the music industry practically overnight.
Good. I see lots of people wasting their time and money on the stickyfloor.. sad to see it.
Interest rates have been rising for the last couple of years. Very high probability there will be a crash and burn. On a mortgage of $500k, an extra 5% is $25,000 per year. On top of that there is inflation (food, gas, etc.). Many people are struggling. The stress test for many individuals have most likely peaked or have passed. $hit will hit the fan. When tightening of lending occurs, bam. It is going to be very ugly…imo. Unfortunately, people need to feel this impact. People had it so good under Trump. We will see what arises.
Trump cautioned that the U.S. economy could enter a downturn like the Great Depression of 1929. Late information showed that expansion in the U.S. rose 8.6% in May from a year earlier, the most elevated rate in forty years…………Sauce……. https://www.thecoinrepublic.com/2022/07/25/donald-trump-says-us-economy-is-facing-much-bigger-problem-than-recession/
If the White Hats run the show collapsing the economy would be an unnecessary action. The crash would create too much desperation among the populace which would displace the more important issues of freedom, good v. evil, etc. vectors of control that need to be addressed. If black hats are in control then get everyone invested into the stock market and crypto by continuing to artificially hype their performances and when enough people are leveraged into these markets pull the plug, literally. Shut the power off for a few weeks/months and destroy whatever critical facilities and infrastructure required (due to xyz) to make the claim everything was lost. There would be no way to reconstitute any holdings or asset claims. All digital wealth would be gone. Only physical assets would remain.
Gold and silver is also controlled by Black Rock, Vanguard, and the powers long in control.
But it is tangible. If you possess it, like land or ammo, then it is a realized asset universally recognized as valuable.
In the scenario we are describing, if the government began doing that it wouldn't be long before they ran out of 'tax enforcers'.
I believe there is a monetary war going on right now. The collapse of the dollar is on the horizon if the bad guys get their way. We are seeing the BRICS nations moving towards a currency that is backed by gold and other precious metals. They are creating an alternate economy that doesn't rely on the dollar, and allows them to trade across borders with their local currency. Don't forget that the Fed just launched the pilot program Fednow..
I predict we will start to see the fall of the dollar over the next year and a half, putting the blame on the current administration. DJT will come back and we will see a return to the gold standard(and other precious metals) to stabilize the dollar/economy. I might just be a little high on hopium tho.
I believe "derivitives' will be the culprit this time, seeing as how the big banks are leveraged out with a couple quadrillion dollars in total. All that we went through in 2008 is but a fraction of what we will see when utterly unrecoverable funds are evaporating.
This whole scenario has the same earmarks Dr. Burrey experienced in late 2007 when his analyisis of the fate of MBS's were delayed by a "vigorous" stock market. It IS comforting to know the market masters are pursuing fiat dollars.
Bingo mengderen. Derivatives will be a nuclear bomb. A couple quadrillion dollars that we know of. Then factor in swaps, married puts etc etc it is possibly quite larger. But the global GDP is supposed to be around 80 trillion right? Fake money everywhere. Commercial mortgage backed securities (CMBS) will also start factoring in here in the coming coming months-year. It is an absolute shit show
brics going gold-backed ?
Stock market always goes up so the elites can dump the stock at high prices and the little people can suck up the crash.
Then don’t be little. Start shorting stocks that you think are overbought.
When Trump said he didn't invest in stocks, i got rid of them.
All artificial
It will be what cancels the 2024 election, my guess is radiation scare
don't think you are being creative enough...
Yeah, just trying to get discussion going.