/biz/ - Business & Finance

Holy fuck it has to be demoralizing being a hedgie right now. Imagine watching your empire you've built from a life of crime wash away because some damn kids bought shares in a brick and morter video game retailer and a towel, bed sheets, and pots and pans store. And your little game has always worked because running hit pieces in the news and hiring paid stock bashers always convinced people to sell in times past....... until covid showed up, wallstreet got too greedy, and a bunch of retards will buy at any price, and are never selling.

What a time to be alive.

>>57236863
todays thread with the tuesday pic was located with the piic hex i presume, 2 bots triggered on it with the same reflex you see the talmud bot over on /pol/ but with part 2 of the OP pasta instead.
thread jannied within 30 min iirc.
then the flurry of rats scurrying outa a jew tunnel they procede to shit up this thread as if to claim victory.
its all so tiring, i wish they'd jump already.

>>54683295
Bet he doesn't miss us

>>51585575
well of course, the demographics with power have always exploited and abused those without it for all of recorded civilization. This is inherent animalistic nature, and human begins are mammals. Who really knows if this is just hyping people up to short / buy spxs weeklies, then fuckn pump it for 2-3 weeks and then let it burn. Or could it be third party interests or intel agencies literally releasing what is actually about to happen but adding sctizo twists to emulate the boy who cried wolf, and construct an overton window to encourage arguments about politics and genitalia of sports athletes and other issues that should be triaged to the bottom of the list as a whole. The political things could just be specific oddball data sets about some states had questionable actions in the last 40 years, who knows, we will never know, whether WAGMI next week or next month: WAGMI regardless. Having people argue about 'politics' when the financial system is crumbling/being rewritten/whales making power moves, powerful interests really want people in their intellectual playpens to control narratives, which is why 6 organizations control literally all relevant media, similarly its this way in most every country that is socially stable.

I think the fact that so many people had DRS in progress during the splivvy accelerated a bunch of shit behind the scenes, because you can't process a "regular" forward split on shares no longer in an account. The missing shares and EXCUSE ME WTF R U DOIN calls to brokers dried up probably half of the remaining genuine GME liquidity inside the DTCC, hence the Armayogeddon $600 million doomp and the 20 million institutional shares sold short. If the DTCC stiffed your broker but your shares were already on the way out, they either had to go out and buy 3x real shares, or add IOUs to your account that BECAME real when they got DRSed later.

sneed hedgies, WAGMI

holy fuck I see so much ORGANIC confusion about the nature of the shares in the market. Lets do a simple example, yahoo says the GME float is 253 million. Suppose there are 3 billion shares circulating in the market. Assuming the shorts blow up bad enough that everyone short has to close everything for good, then 3b - 253m = 2.747 billion shares would need to be purchased leaving the 'true yahoo' float of 253 million remaining spread across drs and brokers. So it is never impossible to close their positions, it is just brutally expensive and we will see retard prices along the way. If you look at any share in isolation, any arbitrary share is as real as any other. BUT BUT BUT, some brokers almost certainly are operating illegal CFD (contract for difference), this means your broker is your counter party and when you 'buy a share' they never even communicate that with the market they literally just put on your GUI interface that you have a share. They hope you sell at a loss so they simply pay you back a portion of your original money and they profit the difference. Some of these shares on illegal CFD brokers will probably rug but ide estimate this will be ABSOLUTELY less than 10% of all 'existing' shares and MOST LIKELY less than 5%. These brokers wouldn't be fidelity or most likely any other big brokers, prolly would be brokers like webull, etoro or other shitty who the fuck are they brokers. Even with some collateral damage the prices will be fucking more retarded than I am for spending as much time here as I do.

>>50218665