GameStop (GME) is the one true idiosyncratic risk that will bring down the cesspool of Wall Street (Central Bankers, Market Makers, DTCC, Cede & Co, Hedgefunds, etc). It also means a possible opportunity for a massive wealth transfer from the wicked (Wall Street) to the holders of GME shares. If I had extra money laying around, I'd be buying up as much GME as possible and directly registering (DRS) it via ComputerShare (not financial advice).
Pretty succinct summary if you ask me. This is exactly what I think is going to happen at some point. Can will be kicked and kicked until it can no longer be.
Can some one explain what this means to the rest of us.
GameStop (GME) is the one true idiosyncratic risk that will bring down the cesspool of Wall Street (Central Bankers, Market Makers, DTCC, Cede & Co, Hedgefunds, etc). It also means a possible opportunity for a massive wealth transfer from the wicked (Wall Street) to the holders of GME shares. If I had extra money laying around, I'd be buying up as much GME as possible and directly registering (DRS) it via ComputerShare (not financial advice).
Pretty succinct summary if you ask me. This is exactly what I think is going to happen at some point. Can will be kicked and kicked until it can no longer be.
Which comes first, the Crash of Wall Street or the Crash of the US Dollar thanks to the 30+ Trillion in debt that grows by the trillions each year?
They'll happen simultaneously.