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preferredfault 16 points ago +16 / -0

Everyone needs to see this. HOLD, DON'T SELL (buy more even!) AND SEND THEM FUCKERS TO PRISON! Then at worst it will be us who gets the bailout (if needed), not them, because it's going to be pretty fucking hard to explain how you're bailing out wallstreet after they illegally created +200% of the shares of GME, and not bailout out retail investors instead.

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HOSEQ 13 points ago +13 / -0

It isn't about sending them to PRISON...... It IS about sending them to the POOR HOUSE..... It is about PAYBACK for 2008.... Payback for 9/11..... Payback for the nonexistent, ""GAS CRISIS"" of the 70s..... Payback for Installing GHW Bush..... Bush Jr..... Clinton...... Barry SoetorObabama, the Indonesian Foreign Student.... For Manipulating the last 12 Elections..... For ASSASSINATING JFK!!!! For the CIA Treason.... For the FBI becoming the Enemy..... For creating the Patriot Act..... For Creating the NSA/HSA..... And for MANY other reasons..... Take your Picks, which do you want to use as PAYBACK Reasons, USE that.....

This is not Financial or Investment Advice, nor is it Revenge Advice nor intended to foment Insurrection or Sedition, only to point out that Many Crimes against Americans have been committed, and maybe, just maybe, one or two Americans might be tired of Working long Days, and being heavily taxed, only to see those Taxes go to FOREIGN LANDS and to people who NEVER EARNED THEM....

I'm just another nobody, not advising, just being a HOSE[witha]Q{?}.......

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KekistanRanger 8 points ago +8 / -0

and by 'blow up' you mean fix it? Hoooooold!

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RedditIsCommunist 3 points ago +3 / -0

Not possible fix it with a White House full of Wall Street lobbyists....

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AsaNisiMAGA 6 points ago +6 / -0

Break all their toys!

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soysaucenuts 5 points ago +5 / -0

I admit I’m a retard so go easy on me. So the gist is there are more stocks owned than are reported? Since our justice system shows a complete disregard for illegal activities especially where Wall Street is concerned, is this really a problem? Or will it implode even without any scrutiny by the judicial system?

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Fizbin7 13 points ago +13 / -0

soy - the issue is that the insiders and market makers in stocks have been conducting naked short selling for years now. Meaning they are selling shares they not only never owned, but didn't even borrow from anyone else who did own them. They have sold them as accounting entries to their client counterparties without those shares ever existing in the first place.

As long as the price remains stable enough that they can later buy them back and cover their shorts, and they did such things only in modest volumes, that wasn't too much of an issue. But in some of these short squeeze stocks, the "longs" caught on and bought up tons of the available shares and are refusing to sell them for anything short of "the moon". The naked short sellers firms then fought them, trying to force the share prices to go down by flooding the market with new fake shares. In the process they ballooned to net short 140% of the outstanding "float", and they cannot possible cover such huge (fraudulently created and entered) positions.

They deserve to lose everything they own, as firms, for having pulled that stunt. Desperate to avoid that fair outcome, they are instead now trying to buy the regulators, close the markets, prevent trading by bribing other brokers and processing firms, demanding government intervention to save them, and similar illegal and coercive nonsense.

The thing everyone should be asking is how it was even possible for the short sellers to enter positions that were net short 140% of the total outstanding float. The answer is there was and is no honest way for that to happen - any more than there is any honest way to win an election via 140% turnout.

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Tcrlaf1 7 points ago +7 / -0

I may let go of my handful of GME shares once I have a Maserati sitting in the driveway that I purchased at the bankruptcy auction of a hedge fund manager billionaire. Until then, it is money I can afford to lose, since I never had it to begin with.

Knowing that Griffin, Both Cohens, and likely a couple of other Democrat-owning billionaires could be homeless over this warms my wallet.

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Cocopepe 4 points ago +4 / -0

Best explanation yet.

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Fanakapan 3 points ago +3 / -0

Yep, naked shorting should be, and should have been for a while, a go to jail activity.

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War_Hamster 2 points ago +2 / -0

This is mostly correct and a very good job of simplification.

Add in a bit about leverage, margin maintenance requirements, and rehypothecation and you'l paint the whole picture.

The reason I said "mostly" correct is that an argument can be made for leverage being capable of creating greater than a 140% short ratio. It entails a ton of risk, and every party involved is aware of the rules and the risks of leverage. They are just trying to not have to pay for their mistakes and they'll argue systemic counter-party risk.

You can certainly argue that the current regulations are insufficient to protect from this type of manipulation, but it is certainly possible under the current regime.

Whatever happened to Creative Destruction?

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War_Hamster 1 point ago +1 / -0

This seems like a good place to put this:

If you want a resource for more information on Naked Short Selling, here's a link to the guy who knows more about it than anyone:

http://www.buyins.com/images/tomronk.pdf

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preferredfault 8 points ago +8 / -0

It's something they absolutely couldn't just sweep under the rug. If they did it would give them future license to do it again, which also means that people can do again what they're doing now, which would mean they'd have to bailout wallstreet over and over and over for hundreds of billions of dollars, if not trillions. Democrats may like to make other people money and sell out our country, but they want some money for themselves too, and when wallstreet wants a huge chunk or more in a year than the federal government even gains in revenue, those are numbers even they can't reconcile with.

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War_Hamster 1 point ago +1 / -0

Yes. According to the BIS there are over $800 trillion in outstanding derivatives, and the number is about 3x that if you include synthetic trades. Almost 1/3 of that is interest rate swaps.

They argue that their net exposure is close to zero, but when your counter-parties start taking massive losses, everyone has to raise margin requirements and then the route is on. Net exposure becomes gross exposure very quickly. This is Bear Stearns on steroids.

It is entirely likely that this is part of the plan for the World Economic Forum's Great Reset.

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Liberty49220 2 points ago +2 / -0

mostly agree, but no way is the WSB squeeze part of any "great reset" plan. This totally upset the plan.

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War_Hamster 1 point ago +1 / -0

For clarification, after re-reading our posts, I'm not necessarily saying that WSB was part of their plan so much as that they have a plan to implode the markets (create a crisis) and then step in with their ready-made "solution" that somehow always looks a lot like a Dictatorship.

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War_Hamster 1 point ago +1 / -0

Their desperation in combatting the WSB Squeeze (that deserves capitalization) in the open in a blatantly illegal manner would seem to support your opinion.

I just think they're devious enough to have concocted the whole thing, so I'm keeping that possibility open.

You are likely correct.

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GabeC1997 5 points ago +5 / -0

I'm just waiting till the SEC takes it's mask off and forcibly confiscates all the retail investors stocks and gives it to the Hedge Funds...

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War_Hamster 2 points ago +2 / -0

Not a whole lot of talk about how the HFT's helped exacerbate GME's rise. I wonder why.............

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keepwinning 2 points ago +2 / -0

This is coming imo. Government will wreck gme and force delisting of the stock. Retail will lose 99.9% value.

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Cocopepe 3 points ago +3 / -0

It’s inevitable.

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MagaHippie88 3 points ago +3 / -0

..... Dang on that's Yuuuuuge..... <3 MAGA2021

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madly_aloof 1 point ago +4 / -3

How is blowing up the financial system a good thing when we don't have anything to replace it with except for the WEF's shitty little totalitarian NWO? Shouldn't we be focused on ruining China, Europe and the UK first?

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Coprolite 11 points ago +11 / -0

Let it fall on its ass, they made very bad decisions and should not be bailed out because they are "too big to fail"

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madly_aloof 0 points ago +3 / -3

The Great Reset won't bail out the hucksters, they're gonna bail out the people. Remember Bernie's "TAX THE RICH"??? Same garbo occurred in Hitler's Germany, they called it the People's Community. A 70% tax on the big cats financed German National Socialism.

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Fanakapan 2 points ago +2 / -0

Dream on bub, shit always has, and always will roll downhill.

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madly_aloof 2 points ago +2 / -0

We have control over how fast and how hard we roll down that hill.

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geotus3000 6 points ago +6 / -0

People make believe things are okey doke because the house of cards still stands. Knock it over and their fantasy is gone. These people steal our elections and force dystopian nightmares on us. Fuck 'em.

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deleted 1 point ago +1 / -0
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geotus3000 1 point ago +1 / -0

They already blame us for everything wrong anyways. At least then their free pass to easy street is revoked. Let's hear soy fed limp wristed cuckolds cry about the environment after chowing down sticks and mud to stop the hunger pangs, lmfao!

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madly_aloof 1 point ago +1 / -0

It’s going to get a hell of a lot worse for us unless we join their cause. When SHTF the people who are prone to making stupid decisions like crashing the American economy before crashing the EU or China‘s will jump hard on Klaus’s gravy train. “Based Chads” were trying to score clout by simping for AOC, the woman who wants us all in Holocaust camps. The World Economic Forum is having a field day with this.

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geotus3000 2 points ago +2 / -0

In all fairness, the banking cartel has had us under their thumb for centuries now and has gotten cold feet from stripping our guns the entire time. Until they do that, they're just LARP'ing while we maintain physical control of our land. "Based Chads" simping for AOC aren't the same people that stock piled half a billion guns because they knew Communists occupy DC.

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madly_aloof 1 point ago +1 / -0

Exactly. But you still have to map out a massive plan for the "Trump is literally Hitler" excuse that in leftist postmodern peabrains justify land theft and horrific crimes against humanity as if we're all unwanted "fetuses". The Dixiecrats won't carry out their planned gun buyback until they know they have an advantage going into Civil War.

EDIT: that plan should first and foremost be a nonviolent plan aimed at securing your peaceful existence. Retaliation is your last defence and not some spur of the moment reaction because some online troll hurt your fee fees.

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geotus3000 2 points ago +2 / -0

Their plan is to starve us. Their killing our businesses and making buying guns and ammo illegal. They think they cqn wait us out, but the fact is, they're only allowed their fairy tale stories because we had it good.

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War_Hamster 1 point ago +1 / -0

I think you're actually sugarcoating things a bit. Their crimes are far worse than you describe, and I'm just talking about the economic and political crimes.

I'll be out of a job when this is deflated, but it'll be worth it.

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geotus3000 2 points ago +2 / -0

I don't tend to sugarcoat anything, I have no illusions of how wicked these people are. I think you might be misunderstanding the context here. This is my take on their broad goals, and that doesn't even begin to describe the sadistic things they do behind closed doors:

They think if they genocide 90% of the population scarcity goes away. Reality is they won't have the labor force to get the work done, and that's assuming they manage to genocide us and stay in power.

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War_Hamster 2 points ago +2 / -0

Oh, we're on the same page.

It's crystal clear to me that they are trying to replace us with an immigrant labor force that doesn't challenge their power. There is no doubt in my mind that they are capable of, and actively pursuing, mass extermination.

They've been working on this plan for a long time, but didn't have the technical capability of pulling it off. The ability to automate a lot of production also reduces their need for slaves who might one day rise up against them.

The future they plan for us is terrifying.

Edit to add: you make some outstanding posts.

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AuthorPatriot 2 points ago +2 / -0

Sounds exactly like the dystopian novel I'm finishing up.

https://contraryworld.com/books/

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War_Hamster 2 points ago +2 / -0

My reading list is backed up for years. We'll still expect a full book report upon completion.

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GabeC1997 3 points ago +3 / -0

Because this specific corner of the economy is a fucking parasite?

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madly_aloof 1 point ago +1 / -0

Wall Street is the parasites host and WSB will have (un)intended side effects much like Occupy did in 2011. There’s a reason why guys like Justin Trudeau and Obama gave such glowing reviews. Here’s what Joe Biden had to say when he was VP: “look, guys, the bargain is not on the level anymore in the minds of the vast majority of the American (people). The middle class has been screwed."

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LordTancretus 1 point ago +1 / -0

Yourc answer: I like

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Greenhills 1 point ago +2 / -1

I thought Patriots were in control? What a load of shit that was. The military wouldn’t know an enemy anymore if they drew a sign on their forehead.

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Londonrain 1 point ago +2 / -1

They straight sound exactly Like the right. We have so much in common

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RedditIsCommunist 6 points ago +6 / -0

If only they could figure out that all the Marxist bullshit, especially the identity politics stuff, is just a bunch of BS intended to distract them from the economic corruption.....

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War_Hamster 1 point ago +1 / -0

Just like how the whole left/right divisive mantra is to distract.

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RedditIsCommunist 3 points ago +3 / -0

Well there are real ideological differences, but rather than being represented by two political parties the parties are more interested in political realism while they just try to exploit the political idealism with theatrics.

Just look at the section 230 stuff. Lots of hearings where people make a show of opposing censorship, then they just do nothing when it comes time to write legislation and vote on it.

If more people can figure out that some pie in the sky ideology isn’t going to solve their problems, since it will be used to exploit then ignored, and start thinking in strategic terms like “what does everyone need to do to make this happen?” then some things can change.

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War_Hamster 2 points ago +2 / -0

Yes, you get it.

The question is whether those changes are being made right now. In some ways, it sure seems like it. The fact that the tyrants aren't even hiding it anymore is waking more people up.

Will it be enough soon enough? Wish I knew.

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LordTancretus 2 points ago +2 / -0

I know, I was scrolling posts. Was a trip.

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LugNuts 0 points ago +1 / -1

You're all being manipulated. Why on Earth would the mainstream media report on GME over-and-over again? Because they want cover for Biden tanking the market. You think you're heroes, but you're suckers playing their game for them.

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War_Hamster 3 points ago +3 / -0

It's entirely possible that your narrative is correct. We know the Great Reset is coming, or at least that's their plan.

It is also possible that the crowd sourcing has reached critical mass and their ability to suppress news and/or stocks has diminished.

I honestly don't know which is correct, but I suspect we are all going to know soon.