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/biz/ - Business & Finance


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27256430 No.27256430 [Reply] [Original]

When you click buy/sell on robinhood, the orders get mass sent to a clearing company because they have to be bought in cash at the fucking nyse. You are not buying from robinhood, they only process your buy order, the purchase happens in some back room in Manhattan.

That intermediate clearing company delivers it to a big company called DTCC

DTCC has a monopoly on this but they raised the collateral on volotile stocks from pennies on the dollar to a full dollar. That means they need DOUBLE the cash for every purchase. Say 500 billion gets moved, they need 1 trillion to process the sales.

When you have hundreds of billions shuffled around, and the price surges, the clearing company can run out of liquidity (dollars, for you 80 iq monkeys)

When they run out of dollars the whole scheme collapses, so they have to limit the amount you're about to buy

And when this accelerates it will all collapse like a house of cards, bankrupting apps like robinhood and leaving you penniless. Like, you won't be able to buy sell or anything. The government will have to interfere to pay you out

If you're smart and have access to pre market trading, sell everything and deposit the money to your bank account instantly.

>> No.27256474

'no'

>> No.27256679

FUD

These companies have access to billions of dollars of credit lines from banks

>> No.27256741

just sold everything

>> No.27256864

I've bought puts which ironically go up with the price and go up higher when we crash. It's literally best of both worlds.

>> No.27256900

>>27256430
>DTCC has a monopoly on this
Retard. The entire stock brokerage system uses DDTC.

https://www.investopedia.com/terms/d/dtc.asp

>> No.27256925

>And when this accelerates it will all collapse like a house of cards, bankrupting apps like robinhood and leaving you penniless. Like, you won't be able to buy sell or anything. The government will have to interfere to pay you out
but that's the point

>> No.27256992

>>27256430
>kike shills in full force
This shit must be pretty serious, i wasn't in GME but now i'm fucking FOMOing

>> No.27257005

>>27256430
Thanks, just sold 100k.

>> No.27257010

>>27256430
Thanks just bought 100k

>> No.27257132

>>27256430
>And when this accelerates it will all collapse like a house of cards
Buy puts (but not on Robinhood) to take advantage of this.

>> No.27257145

>>27256430
>He doesn't know
We have had years to make money, anon. We can make money on an almost unlimited number of financial instruments at any time. We've finally got our hands on gasoline and matches, and you're telling us to step away because we might lose money. Some men want to watch the world burn, and if you're not one of them you haven't been paying attention

>> No.27257155

https://stocktwits.com/GetYourIron/message/28105193

It's over bros

>> No.27257186

>>27256430
Fun fact
The DTCC operates clearing through it's subsidiary the DTC, which actually registers ownership of every asset under it's subsidiary called Cede & Co.

Cede technically owns ALL stocks traded in the US. What you have in your brokerage account is simply a contractual claim that makes you beneficiary if their ownership. The SEC awarded the DTC (A private company) with full authority to freeze or restrict all stocks.
>cede literally means "to forfeit ownership"

>> No.27257209
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27257209

HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD
HOLD
>HOLD

Only based Big-Dicked Chads have the courage to hold through tomorrow.

Only primordial Mammoth-Cocked Chads will have the courage to hold until Wednesday.

Only non-euclidean Giga-Dicked Chads will have the Iron-Clad Testes to hold until Thursday.

Which one are you, Anon?

>> No.27257344
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27257344

didn't read
don't care
will never stop holding
go eat a dick

>> No.27257352

i'm long gme and hope this is real

super happy to baghold if they die in the process, gonna buy all i can monday

>> No.27257356
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27257356

>>27257005
>>27257010
4s apart

>> No.27257498

hedge funds currently having a field day reading all the retardation on wsb and here.

>> No.27257600

>>27256430
look, it's afraid
bought more kike fuck off

>> No.27257672

>>27257209
>Which one are you, Anon?
someone with a 3 digit IQ who knows that repeating ALL CAPS SLOGANS over and over again doesn't change reality.

>> No.27257706

>>27256474
AND HE SAYS NO

>> No.27257797

>>27256864
>I've bought puts which ironically go up with the price and go up higher when we crash. It's literally best of both worlds.
How do you expect to get paid out when Robinhood is insolvent? A magic fairy?

>> No.27257989
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27257989

>>27257672

How many times did you shit your pants in the last week, hedgie?

I'm someone with a 3 digit IQ who know the whole system is going through a seismic shift and this whole situation is much larger than my miniscule investment that's already 2000%+ profit.

I'm so so so so SOOOOO happy to watch you and others like you squirm.

>> No.27258032

>>27256430
Oh jeez

>> No.27258105

>>27256430
>redditfags get rugpulled
Who cares

>> No.27258138

>>27256430
In other breaking news from OP lightspeed journalism : Elvis is dead and the Berlin Wall is down

>> No.27258147
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27258147

>>27256430
You still don't get it kike, I don't care if I'm homeless and penniless. I want you to get fucked. I want you to pay.

Hold the line.

>> No.27258150

>>27256430

Nice try schlomo

>> No.27258259

>>27257989
you do realize that something like this has happened before, right?
Also, Melvin already closed their position, and you rocket emoji retards are gonna get fucked.

>> No.27258302

>>27256679

Is this not their actual worry though? That broker banks are going to knock knock on Biden's door due to having no liquidity themselves either?

>> No.27258407

>>27256925
Exactly. I only wished the windows on Wall Street still opened. Hopefully a kindly janitor will open access to the roof, and it will all be recorded in 4K.

>> No.27258439

I can't wait to see financially ruined wojaks all over plebbit

>B-but I bought, what is a liquidity crisis?
>I bought puts and made profit, h-how is RH declining to freeze my account?
>What do you mean, they can declare bankruptcy and screw over every customer?
expect every thread to be like that

>> No.27258517

>>27258407
A Pop bottle full of marbles will break pane glass FYI

>> No.27258530
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27258530

>>27256430
this is your view into the mind of the normiesphere that is bagholding GME, AMC, DOGE, etc. absolute retards in the worst way.

>> No.27258532

>>27257005
>>27256741
I just BYTFO. Thanks.

>> No.27258861

>>27256430
but after years of getting rugpulled in crpyto i just wanna get rugpulled in the stock market for once. Memes > money

>> No.27259024

>>27257797
i expect to lose everything but goddamn will it be funny. wont be the first time i been poor

>> No.27259086

Only 4chan is willing to sell out to hedge funds just to own an unlikely ally

>> No.27259191

>>27256430
thanks just sold 100k

>> No.27259214

>>27259024
Baste

>> No.27259257
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27259257

>>27256430
GUYS LISTEN TO ME DONT LISTEN TO THIS FUCKING RETARD

>> No.27259307

>>27256864
The people writing the puts on the other side are laughing at you.
Shorts want to close their shorts, not be guaranteed a seller at some high price. They make money from selling high, buying low, and giving the stock back to the original owner.
For your puts to work, you're banking on people buying shares of gamestop in 100 share batches at a price higher than it currently is now, and then needing to buy them off of you on the backside of the short squeeze because they missed it. There are millions of retail investors holding single shares, not hundreds of shares.
And on top of all of this, the squeeze probably wont even happen. There's crazy (and honestly, should be illegal) hundred billion dollar options backbones on these hedges. The government is likely going to step in to reverse everything so those puts end up as useless as toilet paper.

>> No.27259329
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27259329

>>27256430
>sell everything
No.

>> No.27259382

>>27256430
Every time a post like this gets made, I buy 10 more shares

>> No.27259404

>>27259191
Thanks just bought your 100k

>> No.27259488

We know from 2008 that government will just step in and bail out the banks anyway.

I was mad about it in 08 but now I just want to profit from it. DGAF

>> No.27259860

>>27256430
Cool story, bro.

It’s bullshit because we are insured up to half a million. Can’t say the same for your boss, zogbot.

>> No.27259948
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27259948

>>27259860