It depends on how many actual fake shares have been created and over what time period hedgefunds attempt to close their short positions with REAL acquired shares. There were likely ~1 billion fake shares in 2021 by my estimation. There are likely 4-5 billion fake shares now (based on daily selling volume price suppression). So theoretically, a month-long squeeze (MOASS) could send it temporarily over $100,000 per share which would be >$20T market cap, larger than the whole rest of the market combined. If all the hedgies are forced to cover (due to margin calls) all at once, then a $1,000,000 per share price could happen (>$200T market cap, larger than most of the world's stock markets combined).
I suspect we will see a squeeze in October (week of 10-13-24?) when many of the Big 6 likely will crash. It appears that a squeeze can be triggered by a major liquidity crisis that is likely to be generated if the Big 6 crash 50%. The Big 6 are being used as cash cows and the equity is being borrowed against (by hedge funds, banks, et. al) to continue the market manipulation (including silver and probably Bitcoin suppression).
There may be multiple squeezes (beyond October 2024) as banks and hedge funds attempt to survive by striking private deals with GameStop to get shares (this appears to have happened twice already with latest 45M share sale, $933M, rumored to be sold to UBS to help them close a short position inherited from Credit Suisse when they went bankrupt). GameStop can keep selling shares at higher and higher prices until they have enough cash to buyup the whole market (theoretically).
The "Consolidated Audit Trail" goes live tomorrow as well. Many in the GME world over at Superstonk see this as a big moment, and I find it very coincidental it is happening on the same day as this unix epoch clock moment you've pointed out, OP. All of it still requires the SEC and DOJ to take action, which we all know won't happen, but it is still very important in the grand scheme of things.
For those that don't know, the CAT going live signifies that any trade will have its CAT CAIS event (trade) and FDID (broker id), customer id, timestamp, security id information time stamp accurate and synchronized down to within 50 milliseconds. This essentially means all trades, including naked shorts, must be reported to the FIS reporting system, or it will be sent to the SEC for reporting to the DOJ.
"This comprehensive database collects and accurately identifies every order, cancellation, modification, and trade execution across all U.S. markets, allowing for more efficient and accurate tracking of trading activity. This significantly enhances market oversight by providing regulators with a comprehensive and real-time view of trading activity across U.S. markets." - Microsoft Co-Pilot.
Essentially, bad actors in the stock market have been able to hide from enforcement groups due to a lack of synchronized data they can take their time to forge and manipulate over time, since before this system, it's been up to the SEC to take their word at face value. This system creates a database where all trades, and anything that happens with these trades, are recorded within milliseconds of any action (creation, editing, completion, cancellation, etc.). They no longer control the data, and that to me can turn into something interesting real quick. Let's see what happens!
Thanks a lot! What about Moass prices? I own quite a few shares but can they really be life changing prices?
It depends on how many actual fake shares have been created and over what time period hedgefunds attempt to close their short positions with REAL acquired shares. There were likely ~1 billion fake shares in 2021 by my estimation. There are likely 4-5 billion fake shares now (based on daily selling volume price suppression). So theoretically, a month-long squeeze (MOASS) could send it temporarily over $100,000 per share which would be >$20T market cap, larger than the whole rest of the market combined. If all the hedgies are forced to cover (due to margin calls) all at once, then a $1,000,000 per share price could happen (>$200T market cap, larger than most of the world's stock markets combined).
I suspect we will see a squeeze in October (week of 10-13-24?) when many of the Big 6 likely will crash. It appears that a squeeze can be triggered by a major liquidity crisis that is likely to be generated if the Big 6 crash 50%. The Big 6 are being used as cash cows and the equity is being borrowed against (by hedge funds, banks, et. al) to continue the market manipulation (including silver and probably Bitcoin suppression).
There may be multiple squeezes (beyond October 2024) as banks and hedge funds attempt to survive by striking private deals with GameStop to get shares (this appears to have happened twice already with latest 45M share sale, $933M, rumored to be sold to UBS to help them close a short position inherited from Credit Suisse when they went bankrupt). GameStop can keep selling shares at higher and higher prices until they have enough cash to buyup the whole market (theoretically).
Wow, I'd love to see you post more about this subject. Weekly, monthly updates maybe?
fyi...Consolidated Audit Trail is part of the SEC tightening the noose on the manipulators. It goes active tomorrow 5-31-24: https://www.finra.org/rules-guidance/key-topics/consolidated-audit-trail-cat
Comment from u/noquo89 from https://greatawakening.win/p/17tKiuwqqQ/exactly-one-day-from-now-marks-1/