/biz/ - Business & Finance

>>58355303
>>58355304
I think GME is systemic-naked-short sold and is now an illiquid stock that is going to squeeze and bankrupt those market makers providing liquidity through naked short selling.
Care to hand wave away this balance sheet?

>>58208725
What does systemic-naked-short mean?

Systemic naked short means hedge funds/market makers began to cease operating on any sense of fundamental supply/demand. They deemed the stock an eventual bankruptcy target and began to offset 100% of all share purchases with naked short selling. They abandoned any idea that they are going to buy back the shares and so they essentially steal 100% of the shareholder equity they sell to retail. They hedge away the exposure and hope to constrict the company via bad financing decisions, share buybacks, and Boston Consulting Group sabotaging consultants.
All of these were present at GME and it is no longer the case. GME is alive and well and likely a major part of the line item on this balance sheet here which means the balance sheet is likely underwater and on the cusp of being 100% liquidated. $75BN worth of capital is set to flow into your pockets if you are a GME holder. They have no choice as they are forced to cover their short positions as their fiction crumbles in the face of the reality of shares outstanding for GME.

>>58157579
This is what is so amazing to me. Naked short selling is illegal and also VERY dangerous. It's so dangerous because you can create illiquid scenarios that can create INFINITE LOSSES. Given that this is all so obvious, finding a way to profit off of the short sellers is almost a guaranteed certainty if you can legally create these conditions that cause short squeezes.
It was only a matter of time until this balance sheet right here was going to cause some very very very serious problems for Citadel as well as the DTCC.

>>58112019
They're big because they began naked shorting and stealing shareholder equity as a means of acquiring leveraged capital. The problem is if any instance they need to cover their shorts they are FORCED in to a massive selloff/market crash in order to sell the assets they bought (in pure desperation) in order to buy back what they owe. Their balance sheet is dangerously leveraged. They don't own outright everything on the asset side with equity. The shorts are a MASSIVE looming liability.
And it is not just Citadel. They are counterparty to hundreds of trillions of notional-value swaps and derivatives which is a massive threat to EVERY OTHER leveraged financial entity.
Hence why they are delaying MOASS because suddenly quadrillions of derivatives conracts will instantly be unhedged and will be forced to unwind and the whooooole thing unwinds in a desperate attempt for everyone to grab a seat when the music stops.
Hence why you need to own precious metals as well as have your shares for ANYTHING you want to own to be direct registered.
This is why this hedgie is such a grumpy wumpy
>>58111916
>>58111934
>>58111959

>>58084503
They are underwater and dangerously leveraged to an illiquid stock. They are 100% blown out and the losses will blow out the DTCC as well as the Fed. Very easily.

>>57987387
Sorry. I saw the DTCC steal the foreign shares with my own fucking eyes. Having a degree in investment banking and read all kinds of finance books and studied economics I actually think I have a good judgement on what is going on here.
We caught the shorts and the proof is right here and NONE of those obligations are marked to the market. The shorts are stuck and the operative word here is ILLIQUID. This is not something new. This has happened before and now I am in the right place and the right time to profit ungodly amounts of money at your expense. You can do nothing but cope and seethe and dilate.

>>57718232
>But the short sellers out witted us all by placing a plant in the company who would go on to purposely ruin a dividend via stock split.
Wrong.
Gamestop issued a dividend and it was the DTCC who stole shares from European brokers and tole them to handle it like a split. This 100% confirms the existence of a systemic naked short position. One of many that props up this massive balance sheet who is consequently counterparty to trillions of dollars worth of nominal derivative exposure.

Shills don't want you to know that when MOASS hits, everything they are short will skyrocket and everything they are long will get liquidated.
This is like a man who works at McDonalds who uses credit cards, mortgages, and cash advance to spend his way into the illusion of wealth. However every day he has to open a new credit card and hide the old charges and wrack up more and more debt.
Once this scam is exposed it will be like flipping the world upside down. They don't just owe a dollar amount. They owe SHARES. The forced liquidation will reveal the market for being a balloon of hot air.

>>57679126
Yea. This balance sheet catching fire is all a big nothing burger. Nothing the $4QD derivatvies market can't paper over, r...right?

>>57628094
This balance sheet is probably loaded with shares of dead companies that have been accumulated over decades. Who knows how much strain this could be putting on Citadel. They didn't just fuck up a little bit. There are like a dozen existential threats to this company and along with it the toppling over of the derivatives market. What a time to be alive!

>>57593211
>wait for Citadel to succumb to their losses.
This is actually quite a bizarre circumstance. Let's all sit back and think about the ramifications of being able to not only HIDE losses but to also profit from them!
Total return swap allows you to profit from shorts without actually needing to close your shorts.
This company basically destroyed their balance sheet and practiced NO risk management and attmepted to use the derivatives market to paper it all over. And they are allowed to sit and earning ROI on a $65BN portfolio that is actually worth $0. Ken Griffin is like a homeless man sitting on the side of the road and the U.S. economy is going him capital. And all he can do with it is buy drugs. It is a complete waste and failure of capitalism to not take Citadel to the chop-shop and unwind the ENTIRE portfolio and all the derivatives and liabilities.

>>57586757
/GME/ is actually true. The internet caught a market maker on the wrong side of a short trade. Them buying and holding is creating some serious liquidity issues and is the opportunity of a lifetime if you can afford to wait it out.
Short squeezes are real. So it supply and demand. GME shareholders have bought up 60% of the free float and locked it away with the transfer agent, yet the price goes lower. This is only possible with a systemic-naked-short position. Theoretically, cornering a market with price determined by true supply and demand is impossible because the price will move higher as supply dwindles. That doesn't happen here.
They did all the DD and they know exactly why. Citadel was cellar boxing GME and they just got trapped in an illiquid trade. \
Make no mistake about it. Citadel is toast.

>>57503247
The problem the hedgies are having is they likely have agreements to maintain some total return swaps on GME and keep the exposure limited to new buys that come in daily. The problem is when people start circling around the phalanx and flanking them. Citadel's balance sheet has like $65BN is short sales so there are countless fucking tickers that are likely weak points for them. Citadel can not afford to start going through the roladex looking for someone willing and able to risk getting destroyed by MOASS so they can hedge even more short positions. They need retail to stay in the one single lane. It's when people start sniffing around that we find more bodies buried in the crawlspace and it just becomes one more little fire they have to put out. They likely need ALL of their capital defending GME. Hence these hyper detailed retorts. It is one thing to advise that we all stay focused on one ticker. But understanding MOASS is to take into consideration something much larger. The shills push back against people who start to flesh out how widespread this problem really is.

Just look at the responses to follow. They are paid to respond to reinforce the silo.

>>57486499
The market makers were providing liquidity by short selling. So they are dangerously exposed to price action of this stock. If they actually stop providing liquidity through naked short selling the price rises precipitously.
Just look at this balance sheet. This company is dangerously leveraged and if marked-to-market could be underwater and sent into receivership already. They can only delay the inevitable and are trapped with a mortal-wound leaking blood out all over the floor.

>>57453896
I think the ones without a plan have an overleveraged balance sheet exposed to illiquid assets.

>>57345413
It's really not though.
This is nothing more than operations making moves that fatally inconvenience naked short sellers.
Just look at this balance sheet. It is massive and essentially conjured up into thin air. Wouldn't you love to have a portfolio that is $1BN in size so you can just sit back and collect dividends while doing nothing?
That's the allure to short selling. The problem is that they can get in over their heads on shorting if the price moves against them. And in the case of GME and BBBY some unfortunate eyes were watching and we trapped them in the trade.
Covering a short position can lead to a squeeze and that is why so many people are circling around these plays because we can see this balance sheet is in danger of getting blown out.
RC has no reason to endure naked short sellers fucking over his company. It's like a bad neighbor sneaking into your back yard and shitting in your pool. You have every right to set a trap and catch him in the act. The repercussions are for the short sellers and the enablers. If Citadel is forecefully evicted from GME then whose problem is that? By what right does he have to do what he is doing?
Sniffing out the weak PFOF short sellers and smoking them out is the natural play because market mechanics shows this can squeeze to infinity because they broke the supply/demand curve.
Again not our problem.
There is no reason to get bogged down the speculation. Just look at this balance sheet.

>>57323010
The systemic naked short position that could lead to a massive short squeeze and is a proven fact in that the DTCC had to commit securities fraud to hide the shortfall of shares when issuing the share dividend and the fact that retail has been able to lock up 80% of the free float, thereby reducing supply, yet somehow the price action is a slow downward crab.
This is fundamentally impossible and very large short squeezes have be caused by even lesser circumstances.
The hedgies have found a way to net out their losses but they are uncapable of closing out the shorts because the people they need to buy from are not selling. And anyone who is buying is being provided even more fake shares from the market maker who is forced to take on even more shorts. The market in GME is illiquid and the market makers are trapped in a death spiral. They are net-short and the price needs to rise. However they are unable to buy because other than their fake counterfeit naked shares there is no supply to be had. Hence they are bankrupt and this balance sheet here is about to go to ZERO.
The nature of short selling means every dollar they lose will be a tendy on our plates. This makes them seethe as we will be confiscating BILLIONS from the hedgies, the market makers, the DTCC and the Fed itself.

>>57285309
The sabateurs engaged in the buy backs to force RC in becoming over 10% ownership. That was not an ideal position for him to be in for his machinations. Hence he was forced to sell and pursue his M&A plans from the shadows.
Shorts took this as a green-light to quickly kill the company out of pure desperation. RC is not just some nobody. He specializes in retail and is seeking business opportunities in the same sectors of the economy that shorts are trying to profit. Short sellers went long Amazon and started attacking brick and mortar. So they were already All-in on their strategy and RC is fucking all of this up for them. He's fucking things up because short selling is ILLEGAL. M&A is legal and happens all of the time. And because they were naked short selling as can be seen on this balance sheet, they have no hope of legally escaping the illiquid short position they entered. They can never unwind it. But that is their problem. That is the DTCC's problem. If all of these people need to go to jail and go bankrupt them so be it. RC and all of us are heros.

>>57273559
>>57273577
The term "systemic naked short position" absolutely makes these people seethe uncontrollably.
I wonder why?

>>57201820
They need to fud the bull thesis. All of the clues exist that points towards a major financial institution hanging by a thread and it revolves around GME, and $999TN swaps.
Fact: like 75% of the free float has been slurped by retail and locked away with the transfer agent. The price has been sliding DESPITE the supply of shares decreasing. This is IMPOSSIBLE without some other mechanism fighting supply/demand.
The DTCC regularly handles all kinds of M&A transactions but this same stock they had to mishandle the share-dividend. This is a direct hit supporting the naked-short thesis.
And then we come to the balance sheet of Citadel which basically proves the thesis correct.
We found the institution and we found one of the naked-short ticker symbols and retail has ALREADY cornered them into MOASS.
All that Citadel can do is use total-return swaps in order to turn their naked short position into a profitable trade (they can never actualize any profits without buying the shares. But the only person they can buy from is themselves, hence why they are fucked).
Once the tide rolls out and the leverage unwinds we'll get our tendies. No one will be able to prop up Citadel any longer and everyone will be mass-selling everything in order to derisk and then we'll see Citadel go kablooey and get taken over by the Fed.
That one old hedgie said it himself, GME can go to infinity. This is 100% true. I don't even think people know how to sell their shares from CS. And whatever unfolds is going to be unprecedented for the simple fact that they can hedge their GME position and try to hide it but they can NEVER stop the buying of GME which is mispriced. We can just keep walking up to the counter and buying GME and they can do nothing about it. It's like being trapped in a cave slowly filling up with water. Their fate was sealed long ago

>>56880258
But I am not.
One look at this and I knew I had every opportunity to become a billionaire.
I took an accounting 101 class one time before dropping out of college. I know what a balance sheet is.
Once I learned what shorting is I put 2 and 2 together and now I will become very wealthy.
I just can't understand why other professionals don't jump on board. It's so comically obvious. I hope we all find out one day so I can include it when I write my memoirs and people use my name in the same likeness as Warren Buffet, Carl Icahn and Michaly Berry.

>>56815433
GME went from $4 to SIX MILLION in the span of a week. How did that happen?
Also, what is this little line item all about?
Could you please explain to me how leveraged this balance sheet is and how dangerous it is to be leveraged to the repurchase of a potentially illiquid asset?
By all means,
Maybe you can help explain to me how we're all wrong.

>>56533723
The shares were distributed as a dividend.
This is a major difference because the amount of shares distributed was contingent on honest accounting. It was a poison pill to sabotage and essentially "lock in" the naked shorts and essentially ensure their destruction.
Naked shorting is ALREADY a leveraged position. Gamestop basically performed an action that quadrupled their exposure. If they couldn't close before, they don't have a chance in hell to close now. This is why they stole the shares from Europe.\

This is like walking up to a blackjack table and putting your credit card on the line. You suffer some losses but no big deal. It was only $100 per hand. Then suddenly, someone makes a move POST-HOC that quadrupled your position. Suddenly you found out that you weren't actually gambling $100per hand. It ended up being $400 for every game you played. The whole trade is suddenly putting your ENTIRE portfolio into EXTREME jeopardy. All of that risk got shoved up Citadel's cornhole.

>>56471487
I think Citadel, Virtu and BCG is a massive conspiracy that involves Amazons' Bezos as well as the SEC and DTCC and is about as massive of a scam as you can imagine that is so hyper-illegal and flagrant that there is no choice but for the feds to finally take them down. Amazon had literal trillions of dollars worth of investment capital pumped into it to help it grow and it came at the expense of attacking brick & mortar.
I think enough companies, CEOs and operations managers are sick and tired of naked-systemic-short sellers to the point where their little conspiracy did not go unnoticed. It would be like having a tick trying to suck blood out of the middle of your forehead and expecting not to be noticed. As much as we think this is all some insurmountable pile of data, there have been hundreds and thousands of insiders who have experienced this all first-hand and have known about it for probably decades.
It is only now we are seeing RC make moves in retail who has bumped into BCG etc and someone gave him the FULL run-down on what is going on. I think there are thousands of people who want to see Citadel destroyed.
Just look at this balance sheet! You can't open up $65BN in shorts without fucking people in the ass. Those same people are going to turn around and fuck KG and Citadel and Virtu right back.
The difference?
Shorts positions are LEVERAGED! They can blow up!