I will try and keep this complicated theory simple as there is a long story here. For more detail on why I am putting this together (See: https://x.com/edwinbarnesc/status/1758692402016199106?s=20)
Edwin Barnes previously outlined how Trump was secretly working with companies tied to BBBY and could be part of the MOASS.
I am building on this with his particularly interesting moves with DWAC & TMTG.
TMTG up until about 5 weeks ago was going to list on the Nasdaq as TMTG - But all of a sudden they decided to change their ticker to DJT.
For those who didnt know, DJT was previously the ticker for Donald Trumps Hotel & Casino that went bankrupt. To understand this fully you should watch this youtube video about fail to deliver: https://www.youtube.com/watch?v=I0WXg5T3cBE
Failure to deliver is how market makers and corrupt wallstreet go after a company by creating synthetic shares, which they dont own. They flood the market with fake shares and when the company finally goes bankrupt they never have to reconcile the fake shares and get to keep all the profits they made by selling what they didnt own. You as a purchaser of those fake shares lose everything but the operators keep the money and up until DJT lists they have gotten away with it. The ticker DJT was one they probably never expected to come back alive.
So what happens when that ticker becomes active again? Yep, those brokers who participated in the generation of the fake shares are back on the hook as they never reconciled and covered their failure to deliver of the shares. The ledger is back and shows them owing on an asset that they havent delivered.
https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/
This may well be the start of the MOASS and may show all of these clowns on wallstreet who have participated in the flooding of fake synthetic shares that they are doomed in the long run. If tickers such as BBBY do the same BOOM they are so beyond blown up.
It’s in two weeks. Duh. lol Seriously I don’t know much about this particularly but I seem to see some problems here.
Like if Walmart went out of business because of debts I wonder would somebody else opening another company elsewhere named Walmart would owe on those debt?
If the shares are made up fake by the seller then what regulatory agency was accounting for these made up shares? Where is the ledger that’s going to be used to put the people who shorted DJT in their place when a new DJT starts up.
I’m not understand how a new DJT ticker is going to cause problems for the old DJT shorters. How are they going to be held liable.
Forced position close?
Look into what actually happened to Sears. I read a couple years ago that Sears was destroyed with synthetic shares and even though they went bankrupt, you can still buy their shares Over The Counter.
Several folks speculated that Sears could be resurrected after the whole scheme is exposed and the fake shares would have to be bought back. Maybe they could take over after Amazon is exposed.
A couple years ago they stopped retail investors from being able to buy Sears OTC, by placing it on the expert market. I grabbed 2k shares just before that cutoff, just on the chance it might be resurrected one day.
Thanks for "sharing" 👈 Kek.
I'm going to see if I can snag some through my self-directed account. Worth a shot.