/biz/ - Business & Finance

So, do you guys have so kind of PTSD because of this April fool?
Because I am.

>>54525898
https://twitter.com/InternDAO/status/1639310495172771862

>>51340617
>But this assumes 1) the rate of DRS won't increase further
We already know that's not true because the giant panic DRS in August after the DTCC fucked the splivvy distribution is not priced in to the Q2 numbers.

I FIGURED IT OUT, THE SHORT SINGLE STOCK ETF IS A RED HERRING, IT'S THE LONG ONE TO WATCH OUT FOR!
>ETFs can literally just be made with cash and declared equivalent to a basket of stocks, pic related
>once these single stock ETFs exist they can be shorted which pushes down the price of GME
>there are NO LIMITS on ETF creation and therefore no limits on shorting (see XRT 1200% SI)
>ETFs can not be squeezed, ever, because new ones can be created as needed, out of raw cash
>the ETFs being created specify a cost basis for GME at time of creation, which means Citadel (the GME DMM) does not actually have to go out and locate shares to keep shorting
>ha ha share printer go BRRRRRRRRRRRR
Anyone who tries swing trading GME or these ETFs or playing GME options is going to lose their fucking shirt because Citadel now has TOTAL control of the ticker price, right up until they stop being able to locate the underlying for call execution or DRS. Expect the ticker to be red all the way through MOASS.

BOGGED

>>50899092
Yes, they can.

>>49314792

>>30394173
this only holds true at the start of the game if we were to play it blind, ou non?

Okay i get it that i'm retarded but... it is a good time to purchase when BTC & ETH drop like this? Would it be a good moment to purchase now?