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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26663861 No.26663861 [Reply] [Original]

So... quick rundown:
>more shorts than stock, meaning everybody who buys in *could* get paid, assuming Melvin Capital has infinite money
>Melvin Capital can't cover because not enough people are selling (especially not at a profitable price)
>stock price is already high enough to completely liquidate Melvin Capital
>barring government action, Friday @ 4PM will be devastating to Melvin Capital
The problem is that Melvin Capital doesn't have infinite money... at this rate they'll go bankrupt covering a few million stocks (out of the 72+ million they've shorted).

So... who's gonna pay for my short?
I REPEAT
WHO'S GONNA PAY FOR MY SHORT?!?!

>> No.26663951

You fucking idiots really don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, peoples mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be you.

Enjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and it’s about time someone took you man children down a notch

>> No.26663992
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26663992

>>26663861
CHYNA

>> No.26664000

>>26663951
I just want to make Jews feel pain, simple as

>> No.26664032

>>26663951
Fuck off (((Melvin)))

>> No.26664083

>>26663951
>words like “Jew” and “nigger” to a federal judge
Fuck up Jew Nigger

>> No.26664138

>>26663951
no one going to miss them retard
a lot of company are ready to step up to replace it

>> No.26664141

>>26663861
I believe we'll pay with it from our goy tax money lmao

>> No.26664219

>>26663861
Citadel

>> No.26664367
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26664367

>>26664219
And what if Citadel gets wiped out? Because it looks like they will at this rate. If there's a guaranteed buyer (because the shorts are contracts to buy), and the liability can be passed on indefinitely (even with bankruptcy), then Wall Street is pretty much fucked, right?

>> No.26664556

>>26664367
Yup government will be paying for our unlimited tendies.

>> No.26664606

>>26664141
>government has to print more money to pay the banks so the banks can print more money to pay the people so the people have more money to pay the govt to give to the banks
invest in ammunition

>> No.26664771

>>26664556
Based

>> No.26664804

>>26663951
It's like you don't realize how serious we take our own mortgages and families. It's always been dog eat dog. Nothing has changed. I don't bitch and moan everytime I lost money from these faggots.

>> No.26665105

In non-clown world the company would just go bankrupt and nobody would buy your bags back.

In reality, there's insurers and more than just Melvin capital shorting. Melvin and Citron are just the most noisy about shorting. There are plenty of other fat funds contractually obligated to buy your bags. Literally all you have to do is hold.

>> No.26665201
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26665201

>>26663951
Kike

>> No.26665395

Who is going to play jew that fucked up in the biopic?

>> No.26666108
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26666108

>>26665105
Until when? What makes this position a great buy is the fact that there is guaranteed demand and contractual deadlines. The market can collectively set any price they want.

>> No.26666198

>>26663861
>*could*
and that is what people are not seeing.
Who do they think the banks, Nasdaq, the Sec and the Judges are going to side with.

>> No.26666633

I'm gonna pay off my car loan and a bunch of rich asshats who irresponsibly shorted a company gets fucked. I'm perfectly okay with this.

>> No.26666660
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26666660

>>26666198
b-b-but it's a c-c-contract!!! they're legally obligated to pay!!!
SOMEBODY HAS TO PAY

>> No.26666731

>>26666660
https://infogalactic.com/info/Chapter_11,_Title_11,_United_States_Code

>> No.26666868

>>26666633
YOU'RE NOT SUPPOSED TO ACTUALLY EXPOSE US TO THE INFINITE RISK, WE JUST WANTED TO COLLECT EASY MONEY. THIS COUNTER SEMITISM MUST STOP!