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/biz/ - Business & Finance


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27257783 No.27257783 [Reply] [Original]

Howdy /Biz/ Let me just tell you all a little story. I was casually browsing /pol/ when I saw a thread that caught my interest. In it, OP claims to have seen a post from reddit, claiming that the hedgies had been making counterfeit shares, through some manner of advanced talmudic sorcery. You can see the full post here >https://www.reddit.com/r/wallstreetbets/comments/l97ykd/the_real_reason_wall_street_is_terrified_of_the/
Now, I went and decided to check this out, and boy oh boy is it a doozy.

It feels like this is the missing piece of the puzzle that connects the robin hood scandals and other shenanigans all together
Let's say, hypothetically, this is correct and see how well it 'fits' with the other 'pieces'
1. I've seen dozens of posts, from /pol/ to /biz/ to WSB to Twitter, to Facebook, stating some kind of shenanigans in 'finding' their shares of GME. While it could simply be incompetence, those shares being counterfeit, and not truly existing at all, could be the reason.
2. Robinhood stopping people from buying GME. While the simplest answer is their greedy jews working to protect themselves/their ultra-jew masters, one must consider that to a jew, NOTHING is simple. Every action must be multipurpose. By Solving X you also fix Y and Z. it's how jews think, how they operate. Knowing this, we can treat their ban on buys as an admission of guilt to their knowledge that the shares are fake. They didn't just ban buys to protect themselves, but to 'protect' us (and in doing so, doubly protecting themselves).
3. remember their excuses for halting? Volatility problems. Do you know what's VOLATILE AS FUCK? SELLING PEOPLE SHIT THAT DOESN'T EXIST! Especially when they try to sell it back after prices rise to make some cash. They can't tell the counterfeit shares from the real ones, so they MUST HALT THE STOCK TO FIGURE OUT WHICH IS WHICH.

>> No.27257887

>>27257783
I want to note, that I am NOT suicidal and that everything I post on any form of online communication is purely satire. I am also not suffering from any mental illnesses, nor am a licensed financial instructor. My actual knowledge of the stock market and even economics is fairly minimal. But I do consider myself well versed in the art of Jewish tricks (Full disclosure, I am 1/4th Jewish. but no one in my direct family has ever practiced Judaism.)

>> No.27257954

how the fuck are shares not controlled by a central ledger or something? i mean you cant even fraction them.

>> No.27257975

>>27257783
I think its less of counterfeit shares (as making fake shares that do not exist) rather than making "guarantee for a share". So they basically sell you not a share but a promise that you will receive one.
That would be the explanation how they got away with it since unless you really have the share in paper form with you how are you going to know if the share you got on your account is real?

>> No.27258026

>>27257783
bump

>> No.27258070

>>27257783
we already fucking know that. Why do you think everyone was talking about the fact that GME was shorted for 140% of the float? What exactly did you think that meant?

>> No.27258078

>>27257975
To add to that thats like banks grant you money, they loan you money that they don't have in hope that noone comes and withdraws all the money at the same time.
Same with shares. They give you a "share" that doesnt actually exist.

>> No.27258852

>>27257954
It's a private system (DTCC) and is susceptible to corruption and shysty shit.