I'm not hip to stock market stuff except for knowing I lost 33% of my 401k in 2 months when captain shit pants was inserted. Help me out . If they shorted the stock when do they have to cover their shorts and how much would they lose
A short is a "put," which is a type of stock option. An option is a bet that the stock price will either be higher (a call) or lower (a put) than a specific stock price by a certain date. After that date, the option expires. If the stock has not hit or surpassed the target price, you lose the bet.
When you buy an option, it's technically a contract where you borrow 100 shares of the stock and only pay interest. If you short sell (buying a put option) against a stock in huge volume (thousands of puts), you're locking up shares from being sold higher which applies artificial downward pressure on the stock. It's market manipulation, and a corrupt SEC allows it for specific hedge funds. It's also an all-or-nothing bet, so if they lose, they lose big.
This is what the Gamestop issue is about. Someone discovered the stock was being shorted because it was artificially low, then rallied thousands of people on Reddit to buy the stock and apply counterpressure against the short sellers. This caught the short sellers (hedge funds) off guard, so they doubled down and put more money in the pot. The Reddit investors continued to push back by buying more. This is called a bear trap.
By "covering," it simply means there comes a point where the hedges cannot keep shorting the stock. They have a ticking clock costing them money by the month, and they will run out. When they fail to cover, the downward pressure disappears, then the stock blows up and the short sellers lose everything.
Exactly. At this point the hedges are just trying to escape the trap. "Covering" in this scenario just means throwing good money after bad. They're buying more put options to keep the stock price suppressed so they can escape their previous put options by the expiration date. But then they're locked into new short positions. It's a cycle that ties up their money. And if there's a market crash that consumes their cash buffer while Gamestop remains stable, they're screwed. You'll see hedges go out of business overnight like Leiman Brothers.
All i know is they bleed money when they can't close their shorts. Covering is not the same as closing. Covering is kicking the can down the road. If there were to close they would lose a lot, not sure how much total though
How incredibly evil to make money off of murder. The U.S. needs some strict laws about shorting the stock market. It should really no longer be tolerated. Be illegal.
How well does a "filing error" excuse hold up in court? It must have been tried before. When PUTS go wrong what happens if your not BlackRock and thus "too big to fail"? How big was their bet on the miss?
That's a good question. I don't know a lot about shorting, but I assume they have to make up the difference of the shorts and the strike price at the time the shorts expire. So for easy math, if they shorted the stock at 5.00 and the price is 35.00, that's a difference of 30.00/share X 12MM shares = 360MM. I'm pretty sure it's hard to get out of an error like that.
I was in the doldrums (no wind in my sails) about a month ago. I got over it quick! Is this the Storm? If 360MM means 360 Million USD$, that's not much for BlackRock. Who would get that money? I'm a stocks illiterate.
Yep, 360 million dollars. Hopefully you are feeling better and happier. The good news, if you haven't notice, is there is a lot of talk about MKU now and it's becoming part of the Awakening as people realize its possible to create patsies that can be used in assassinations. MKU never went away.
We are also witnessing the Democrats all of a sudden Waking Up to their Biden's obvious Dimentia. They have been living under a spell of Mass Hypnosis but don't know it yet. We don't know how to undo MKU but we better figure it out. Chevron is going to be a big help in dismantling the deep state.
I thought they had on their website someone accidentally multiplied their bets by 1000. Or I read it on GAW somewhere. If that's the case, was it everything filed that day, or just the shorts on DJT?
I only know what I remember from GAW and probably half of that is wrong. Old electric calculators all had cool time saving zero keys like, 0, 00, 000. Must a been a "keyboarding error". That's my favorite goto excuse also.
No matter the outcome, the attempt was still made, and they had better do a better job of explaining why they were shorting that stock. NOBODY makes filing errors that big, and NOBODY believes their bullshit.
I can't be sure how that works. IF it was a filing error then they didn't actual purchase that many put contracts, therefore they can't take the win on contracts they didn't actually buy. I'm just looking for proof, not knee jerk reactions.
I'm sure they would be, but if it's a filing error they didn't actually purchase those many contracts, they can't retroactively go back and buy them. We need proof that they actually were in possession of that many put contracts.
Its the same as saying we need proof of election fraud. When its this big they will go to any lengths to cover their tracks. I not saying that its true or not. I'm just saying that if it was true and and all the players involved were in on it; then its not going to be easy for us to figure out exactly what happened.
Will President Trump bring these things to the light ahen he is in office?! I sure hope so. He needs to make so many things public in week 1, if not hour 1. Let the people know.
Let's hope when Trump wins he will spend every second dismantling any all deep state assets and allies. Then make it impossible for them to reconstitute.
Sorry dude, the math doesn't work come anywhere close to that. DJT has 189.94 million shares outstanding and traded at $30.89 on July 12. Even if you shorted every share and the value fell to nothing and you paid no fees you couldn't even make $6 billion doing that and if that was 25% of the portfolio, you way overstated their potential gains.
You sound like the only guy here who knows what he's talking about! I most certainly don't. This thread reminds me of our great old Voat Days, i.e. tons of comments.
Maybe the Feds were being their bookies and giving them 100 to 1 odds
actually they did put options which can pay off 100 x more than you bet. (Watch the Video)
Who said Wall street isn't a gambling casino ?
By the way, the FEDS being their bookies is not far from the truth, considering when everyone goes belly up, everybody on Wall Street gets a big bail out.
Little guys get to paint " Where's my bailout"on top of their barns
You can't change the fundamentals that shares can't go negative, so even if you shorted all ~189 million outstanding shares worth $30.89 a share on July 12 you can't make more than the market cap of the underlying stock, so at most they could have made under $6 billion and only if they underlying shares went to the lowest value the exchange allows trading at. And their $12 million in call options isn't making anywhere near that.
They can also make massive side bets with swaps and derivates. Their is a quadrillion dollers in these things right now, they are what controls the market.
Some made huge fortunes after the towers fell on 9-11.
Shorted the airline stocks..
owners of the bldgs too as I recall
Lucky Larry Silverstein- "Silverfish"
Larry who suddenly had a dental appointment that day to keep him from being at a meeting at the WTC.
All the joos knew not to work too
RICO these shitheads confiscate all of black rock to pay for the national debt
I'm not hip to stock market stuff except for knowing I lost 33% of my 401k in 2 months when captain shit pants was inserted. Help me out . If they shorted the stock when do they have to cover their shorts and how much would they lose
A short is a "put," which is a type of stock option. An option is a bet that the stock price will either be higher (a call) or lower (a put) than a specific stock price by a certain date. After that date, the option expires. If the stock has not hit or surpassed the target price, you lose the bet.
When you buy an option, it's technically a contract where you borrow 100 shares of the stock and only pay interest. If you short sell (buying a put option) against a stock in huge volume (thousands of puts), you're locking up shares from being sold higher which applies artificial downward pressure on the stock. It's market manipulation, and a corrupt SEC allows it for specific hedge funds. It's also an all-or-nothing bet, so if they lose, they lose big.
This is what the Gamestop issue is about. Someone discovered the stock was being shorted because it was artificially low, then rallied thousands of people on Reddit to buy the stock and apply counterpressure against the short sellers. This caught the short sellers (hedge funds) off guard, so they doubled down and put more money in the pot. The Reddit investors continued to push back by buying more. This is called a bear trap.
By "covering," it simply means there comes a point where the hedges cannot keep shorting the stock. They have a ticking clock costing them money by the month, and they will run out. When they fail to cover, the downward pressure disappears, then the stock blows up and the short sellers lose everything.
Silver certificates are massively shorted as well. Keeps the price down
Thank you for that very comprehensive description. I was hoping they lose everything but kept hearing how it was a bet they could get out of
Exactly. At this point the hedges are just trying to escape the trap. "Covering" in this scenario just means throwing good money after bad. They're buying more put options to keep the stock price suppressed so they can escape their previous put options by the expiration date. But then they're locked into new short positions. It's a cycle that ties up their money. And if there's a market crash that consumes their cash buffer while Gamestop remains stable, they're screwed. You'll see hedges go out of business overnight like Leiman Brothers.
And of course team Trump knows this and is going to bleed them out of existence. Just a newly educated guess
I believe this is the case too.
All i know is they bleed money when they can't close their shorts. Covering is not the same as closing. Covering is kicking the can down the road. If there were to close they would lose a lot, not sure how much total though
They sorta "pay the interest if you will"
We are about to get a really good interest rate from this.
Their can also be massive hidden shorts in swaps that are unreported.
How incredibly evil to make money off of murder. The U.S. needs some strict laws about shorting the stock market. It should really no longer be tolerated. Be illegal.
Naked shorting should be illegal. Ban dark pools.
I want to know how much did they lose?
How well does a "filing error" excuse hold up in court? It must have been tried before. When PUTS go wrong what happens if your not BlackRock and thus "too big to fail"? How big was their bet on the miss?
That's a good question. I don't know a lot about shorting, but I assume they have to make up the difference of the shorts and the strike price at the time the shorts expire. So for easy math, if they shorted the stock at 5.00 and the price is 35.00, that's a difference of 30.00/share X 12MM shares = 360MM. I'm pretty sure it's hard to get out of an error like that.
Good to hear from you, Fren. I hope all is well.
I was in the doldrums (no wind in my sails) about a month ago. I got over it quick! Is this the Storm? If 360MM means 360 Million USD$, that's not much for BlackRock. Who would get that money? I'm a stocks illiterate.
Yep, 360 million dollars. Hopefully you are feeling better and happier. The good news, if you haven't notice, is there is a lot of talk about MKU now and it's becoming part of the Awakening as people realize its possible to create patsies that can be used in assassinations. MKU never went away.
We are also witnessing the Democrats all of a sudden Waking Up to their Biden's obvious Dimentia. They have been living under a spell of Mass Hypnosis but don't know it yet. We don't know how to undo MKU but we better figure it out. Chevron is going to be a big help in dismantling the deep state.
I thought they had on their website someone accidentally multiplied their bets by 1000. Or I read it on GAW somewhere. If that's the case, was it everything filed that day, or just the shorts on DJT?
I only know what I remember from GAW and probably half of that is wrong. Old electric calculators all had cool time saving zero keys like, 0, 00, 000. Must a been a "keyboarding error". That's my favorite goto excuse also.
Yeah, an error only affecting one stock that day. 😂
Did they error on Rumble also?
I was being sarcastic. 😂
I haven't heard about Rumble. This article says 10,000x error and only mentioned DJT.
http://news.com.au/finance/money/investing/investment-firm-says-massive-short-of-truth-social-stock-before-trump-shooting-was-filed-in-error/news-story/8f9886b3ecf6f1c
They bet big against Rumble on the same day.
Me too, I hope they are hurting.
A bit over 13% shorting DJT versus July 12 and July 19 closings.
They bought $12 billion in shorts I heard
I think it was 12MM in puts. MArket cap of $DJT is only $6.5B.
Clerical error my arse
Looks like they’ve lost $696 billion instead.
Not Enough....
That's impossible the market cap is 6.65 billion...
What market cap are you referring to?
Ryan Cohen posted “TRUMP” 665 times last week, so that number you mention jumps out at me.
EDIT: I see, you’re talking about DJT market cap. For some reason I was thinking you were saying Austin Private Wealth.
Losses are potentially infinite if the stock goes way up.
They may also have swaps and derivatives that are hidden.
A trillion ????
It could be a MOASS. They can also make a bet with the put option, and then make side bets even bigger on that put.
Surely everyone involved in the management of DJT saw the big influx of shorts. Mil intel most likely saw it too. I still think it was another trap.
How much money did they lose?
So is DJT going to go through the same thing GME went through as a result of this?
Buy, DRS, HODL.
this is why shorting should be illegal, it's too easy for them to set up for a crash then get massive payday on it, likely why China outlawed it
There's been some conflicting information on this, the company is saying it's just a filing error. I'd be careful with this story.
Funny how often these "filing errors" happen. A lot of them happened with $GME and others other the past few years as well.
Filing error my ass.
https://greatawakening.win/p/17teX6Q8wO/crowdstrike-outage-is-the-cover-/c/
Wtf, I'm just asking for proof. They either bought the put contracts or they didn't.
And if Trump would have died you think they would have still claimed a filing error? No they would take the win.
No matter the outcome, the attempt was still made, and they had better do a better job of explaining why they were shorting that stock. NOBODY makes filing errors that big, and NOBODY believes their bullshit.
I can't be sure how that works. IF it was a filing error then they didn't actual purchase that many put contracts, therefore they can't take the win on contracts they didn't actually buy. I'm just looking for proof, not knee jerk reactions.
It's a filing error when it doesn't work, if it had they would be creaming off the money quite happily
I'm sure they would be, but if it's a filing error they didn't actually purchase those many contracts, they can't retroactively go back and buy them. We need proof that they actually were in possession of that many put contracts.
Its the same as saying we need proof of election fraud. When its this big they will go to any lengths to cover their tracks. I not saying that its true or not. I'm just saying that if it was true and and all the players involved were in on it; then its not going to be easy for us to figure out exactly what happened.
Will President Trump bring these things to the light ahen he is in office?! I sure hope so. He needs to make so many things public in week 1, if not hour 1. Let the people know.
So suckerberg was involved...interesting https://greatawakening.win/p/17teSTBjbI/zuckerberg-trump-pumping-his-fis/c/
I hope they lost almost a trillion last week then
Maybe we can get Gen. Flynn or Kash to head the agency investigating all this after Trump takes office!
Let's hope when Trump wins he will spend every second dismantling any all deep state assets and allies. Then make it impossible for them to reconstitute.
These people are really fucking stupid
Sorry dude, the math doesn't work come anywhere close to that. DJT has 189.94 million shares outstanding and traded at $30.89 on July 12. Even if you shorted every share and the value fell to nothing and you paid no fees you couldn't even make $6 billion doing that and if that was 25% of the portfolio, you way overstated their potential gains.
If Q is real how would they not have caught that many puts on a DJT stock? That'd set off immediate alarm bells.
You sound like the only guy here who knows what he's talking about! I most certainly don't. This thread reminds me of our great old Voat Days, i.e. tons of comments.
Maybe the Feds were being their bookies and giving them 100 to 1 odds
actually they did put options which can pay off 100 x more than you bet. (Watch the Video)
Who said Wall street isn't a gambling casino ?
By the way, the FEDS being their bookies is not far from the truth, considering when everyone goes belly up, everybody on Wall Street gets a big bail out. Little guys get to paint " Where's my bailout"on top of their barns
You can't change the fundamentals that shares can't go negative, so even if you shorted all ~189 million outstanding shares worth $30.89 a share on July 12 you can't make more than the market cap of the underlying stock, so at most they could have made under $6 billion and only if they underlying shares went to the lowest value the exchange allows trading at. And their $12 million in call options isn't making anywhere near that.
Can they try to erase their tracks?
Or is the evidence permanent?
Can someone explain where this trillion would come from?
How can you make hundreds of billions from the fall of a company stock that is worth only a small fraction of that. Naked shorts?
They can also make massive side bets with swaps and derivates. Their is a quadrillion dollers in these things right now, they are what controls the market.