🚨Surprise! Surprise! China bans all shorting by 7/22 Monday. "China is a sleeping giant. Let her sleep, for when she wakes she will move the world" - RC
Citadel in HK set up office in 2022 July and create pump & dump for $HKD & $AMTD
They can't do shit in China for naked shorting or other market manipulation using China side for any liquidity grab anymore. They suspended all securities lending as of today. Starting on Monday, 7/22 margin ratio will increase 80%->100%.
There are also $2.5B worth large Swap due next Monday. I do think it could start rally next week through T+7 + OPEX, which is 7/30.
Also, I do think BYON needs to show their card as catalyst before entering Bull cycle and if that's merge w/ BBBY + BYON creating short squeeze, that could potentially happen after BYON earning 7/29.
Some already knew from Charles Schwab rep mentioned that old BBBYQ shareholder will receive BYON shares in exchange last October.
An Anon suspects BYON buying BBBY IP was mid finger to hedgies. Big catalyst is about to be announced either on their earnings or early August.
Shorts need to reduce their short exposure before BYON x BBBY rally happens, therefore, I do think GME rally first on T+7+OPEX til 7/3 before BYON x BBBY run in August.
Raised margin requirements not banning. I am open to be corrected.
More here https://www.reddit.com/r/Teddy/s/KnbxILw4Wg
Dang it looks like everyone is calling u-copy a fraud in the thread
He gets a lot of hate because he copies some other people's stuff and doesn't always credit them.
But the core info of this post is solid despite the controversial person posting it.
There's some speculation towards the bottom but the rest is solid.
Gotcha, thank you!
GameStop did so much to make people aware of shorting stocks and what it was and this has blown up the fact that DJT stock was shorted right before the shooting so many many more people can see it for what it is.
Q is teaching us financial warfare, and who knows maybe we'll all be rich :)
Here's a full post with all the relevant market announcements and lots of pretty pictures https://www.reddit.com/r/Teddy/s/KnbxILw4Wg
Is this something they do periodically? This seems to be a similar announcement at the beginning of 2024.
https://mondovisione.com/media-and-resources/news/china-securities-regulatory-commission-csrc-bans-securities-lending-during-res/
Maybe it's something they do after any market fall?
Here's another:
https://www.asiafinancial.com/china-imposes-fresh-curbs-on-share-lending-amid-market-slide
I'd say this is something to worth monitoring but not a unique event.
Here's a summary of the announcement which occurred earlier this month (10th).
https://www.reuters.com/markets/asia/chinese-regulator-suspend-securities-relending-curb-short-selling-2024-07-10/
The real problem with shorting is that it opens the company up to black operations against it, that cause the stock to fall
Why not have a system that is ONLY optimistic...that ONLY bets on the successes of companies?
This website, for example uses that model (unless you cheat by disabling CSS)
It only lets you UPVOTE
I hope you all understand that short sellers provide liquidity. Without liquidity when a sell off happens, it will sell off 100x harder.
Think about it... when stocks go down, short sellers cover, providing bounces. Without them, when a sell off happens it will go straight down. Expect a 1929 style collapse coming.
They also naked short sell. I'm more concerned about that then a stock going straight down.
They are stealing money every time they naked short. It's all rigged. Fuck'em, I got my GME and DJT.
The short sellers still have a 90 day window, IIRC, and final closeout would happen by about September 30th. As far as I'm concerned, we're still on course for a market crash in October
(I've been saying market crash in either July or September since 2021, lol)