Wait what? Seeing some Keywords here…
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What is coke rat blathering about?
About NVDA after hours they reported earnings which seemed ok but tanking after hours for some reason. Tinfoil: I think NVDA play is involved with the GME play. Shorts have been pumping NVDA so they can use for collateral to use to short GME. But if NVDA tanks…
They are using bitcoin as collateral also.
GME filing about closing their credit facility is fascinating.
Sorry, i'm stupid... Eli5 me?
To short a stock you need collateral on the books. By running up nvda and btc, real estate and so on, Wallstreet can use these assets on their books as collateral for the stocks they have shorted in case of a margin call.
If any get margin called they will ‘sell’ those assets for cash. Markets go bye bye.
If anyone wants to correct me feel free. Not saying btc is a bad play, but we bout to have another dip. In 1929 the elite of the day all sold their stock that summer, coincidental of course. What happens October of 1929? Then those same elite families buy stock on the Penny’s. Remember Q said Bubble crash lie steal repeat or something like that?