/biz/ - Business & Finance

>>54380770

Yeah i know what you are saying. So far the banks and institutions have been good, as in, they find another way to cook books or survive another day. But to answer your question, I do not think banks can reasonably keep this up for much longer, we cant have a year of this. That said, ive been wrong before. We started screaming "wolf!" when Evergrande hit, maybe this is just another Nevergrande. Another bank gets hot potato, it fails, and its shifted to the next one.

I dont know. And i think GME holders getting payed is probably a matter of time. But as for me, i did not expect holding this shit for this long. One faithful night in very early 2021, i got feeling to sell all my CRSR and buy GME for what i thought would be just intraday. That is now more than two years ago. Since, ive had many opportunities to unload at good gains, but i never did, as i was waiting for squeeze and justice. So far, it has not come. Mathematically, it will, or US state intervenes and shows itself for what is truly is - the great satan.

Problem for me is, i dont have time. For various reasons, I will have to sell off my position at a pace of maybe 3-5% per month, maybe more, if this persists much more. I wish the best for those who hold, but as for me, unless something happens quite soon i will stay wagie for literally the rest of my life. If so, remember me.