/biz/ - Business & Finance

Got this email from my bro who used to be at Rothschild and DeHavilland a few years ago. (can provide some proofs if needed).

> The short squeeze probably begins tomorrow. Melvin Capital is bleeding out (they’ve lost over $3 billion already) with the interest rate they’re paying for their short position, and a lot of puts are expiring on Friday. After exhausting every route (blatant market manipulation and disinformation via bot accounts and more) to try and shrug WallStreetBets and other retail investors off, they may have no choice but to start covering tomorrow. Right now, they are still at the stage of doubling down on their short position to try and induce panic selling; it’s a staredown contest and the Internet, motivated as much by bringing down a hedge fund for the sake of it as actually making any money (which makes this a relatively safe investment as far as risky investments in volatile stocks goes, as few retail investors are motivated to sell), is not blinking.

Enter all crypto markets

I'm up. It's been a long ride. I don't care where we came from. The third world, middle class wage slaving, or Trust Fund Babies. You couldn't BELIEVE my profits. I didn't have two nickels to rub together before XRP. But now, I could rub a few sailboats together. I can cash out, quit my job, and go sail the Caribbean for a decade on my gains and life savings. I'm ready. I love all my schizos. I mean it, too. We've all said to never take under 2k/xrp for an answer. But, the swingers want to price us out of XRP, out of the Ledger... 54 cents? What the fuck is that? I'll tell you what it is. It's me, taking no, for an answer. It's them selling ME. It's me being a hypocrite.
So. You know what?
I'm not selling.
I'm not selling.
I'M NOT FUCKING LEAVING. *frantic cheering*
THE PUMP GOES ON. THIS IS MY MOONSHOT. THEY'RE GONNA NEED A FUCKING NUKE TO TAKE ME OUTTA HERE.

Kings....
I'm up. It's been a long ride. I don't care where we came from. The third world, middle class wage slaving, or Trust Fund Babies. You couldn't BELIEVE my profits. I didn't have two nickels to rub together before XRP. But now, I could rub a few sailboats together. I can cash out, quit my job, and go sail the Caribbean for a decade on my gains and life savings. I'm ready. I love all my schizos. I mean it, too. We've all said to never take no for an answer. But, the swingers want to price us out of XRP, out of the Ledger... What the fuck is that? I'll tell you what it is. It's me, taking no, for an answer. It's them selling ME. It's me being a hypocrite.
So. You know what?
I'm not selling.
I'm not selling.
I'M NOT FUCKING LEAVING.
THE PUMP GOES ON. THIS IS MY MOONSHOT. THEY'RE GONNA NEED A FUCKING NUKE TO TAKE ME OUTTA HERE.