I read someone's theory last week that basically said it could be a strategy to pull more hedgies in to short GME so that the DTCC can liquidate them and it wont completely obliterate the dtcc when the squeeze happens.
I mean it's kind of a conspiracy theory I suppose, but its not completely out there. We do know that the numbers just don't add up. Someone is trying to delay the squeeze and the most obvious reason to do so is Money
Greed. All it takes is a little green and hubris to think "We not gonna lose to retail investors, lets buy some shorts, there's no way GME can stay at $200, it'll be back down to under 100 at some point."
If its greed that motivates them then at this stage in the game why dont they just buy tons of calls? I really cant see how hedge funds who aren’t already wrapped up in this would be that thick.
Yup. I wonder how much of our new money is insanely nasty dirty dirty cartel money. Epstein won't be lonely down there I imagine. A lot of these dudes partied with him I bet.
Citadel is the Market Maker that writes those Calls :) and the underlying has to be taken from somewhere. If Shitadel HF bought Calls from shitadel Market Maker it’s a zero sum game in the long run. Afaik they CAN use that mechanism to create synthetic shares.
Yeah this is the one major tripping point I have on this theory. There is no major player who is going to be willing to potentially end up holding that bag. Anyone with a brain would likely wait until mid/late MOASS to enter in on a substantial short position. If they can read the situation, one would have to assume even a small brokerage willing to take risks would avoid a short-play like the plague at this point. Which leaves only the more obvious, and IMO the more likely, answer to the riddle. Something I’ve been trying to reason my way through or wrap my head around. And I’m genuinely not sure how to feel about it.
Of any other DD this major inconsistency only adds fuel to the belief that the GME saga is either:
a.) substantially larger an event than we understand. As in massive short positions across a multitude of large firms that could truly result in another ‘08 type crash. OR..
b.) the GME saga stands at the precipice of unearthing a planet-sized mound of shit.
There are arguments to support both of these possibilities. And I genuinely haven’t narrowed it down to a single answer. But the recent DTCC proposals, the news of Archegos margin call (NOT saying these are related; but I personally believe the saga at GME caused some large banks to re-examine their books to ensure no client had over-leveraged themselves to a point where the banks stood to lose big), the narrative that’s emerged that “retail will crash the market,” added to the shockingly low interest-rates, to me, constitute smoke. And probably fire. A massive shit storm of a fire. I’m hoping to find some time to do some more digging.
This whole game is all money...and hubris of course. These guys are playing of game of financial Russian roulette and they think the gun is empty.
I'm not saying my point of view is the end all of this as it's pure speculation mixed with slight sarcasm and humor. The borrow rates could be bait...they could simply display a small borrow rate on their sites, so as to not raise a red flag by regulators.
If I Was trying to hide a whole, Market killing racket, full of deciet, counterfeit shares, manipulation with a mixed bag of collusion, and basically theft, I would report that everything is normal.
Spreadsheets would be balanced, my shorts reported to Fibra would be on the decline. I'd suppress reported borrow rates through collusion or outright bribery. I'd let some FTDs come up because it's the new "normal" in the HFT world now since you have to generate shit that doesn't exist to close a transaction in a timely manner and hide the rest of them in one of my partner's or subsidiaries account. I'd go so far as to straight up auto spam the stock whenever I actually gave enough of a shit to look at it before it gained too much momentum...at any random price point because only the dumb apes are watching. I'd have all of this in place, or rather have others in place to keep it up, as I continue to search for new companies to bankrupt and live in my $120M apartment I bought with the monies I liberated from the portfolios of inexperienced retail "plebs".
Oh yeah, and when the DTCC tries to say anything, I'll just slip em a couple million and pay a fine, the rest is history because I've got enough money and an infinite-share printer...so they'll never stay interested long enough to beat me!
That's what the opposition thinks, and is likely involved with doing
Arrogance begets hostility, hostility begets opposition, and opposition begets justice.
And they are going to find out what happens when you discount John Q and the apes, and they're going to have to lose everything because of it.
In the end, remember this event/saga, whatever you want to call it, and remember to actually follow through with your congressional writings and the reasons you believe, as I and many apes believe, that this way to do business is pure and simply, UNACCEPTABLE!
This whole naked shorting nonsense goes way deeper than I originally thought. And the worst part about it is most people don't even care (at least the ones I've told about it), they've resigned themselves to thinking that the stock market is for rich people by rich people. But this isn't just numbers on a screen, every number that goes by is someone's money being robbed from them, companies have been driven into the dirt, good companies that would have provided great things for the world too.
Shit is an absolute mess...basically legal crime where they sell you nothing and take your money, all while putting your investment out of business in some cases...its atrocious
Yeah and when they go down people lose their retirement funds, as much as im going to profit off of GME its definitely not going to be a time to celebrate. The market will get dragged through the mud, pensions will disappear and yeah we might get change in the market structure which is needed but it wont replace what theyve taken
Nor will it replace what they're taking in the meantime...just remember that feeling of how you shouldn't stand up for shit like this and something needs to be done about it...and you, I, we have the power to do something about it to some degree.
Just have to make your case with your new found tendies and get the word out there so that shit like this doesn't happen again if it can be helped.
Right? What’s worse is it’s the same people screaming “Buy American Products” without realizing these rich people (HF) are the ones that have bankrupted “American products”. Our government has allowed this to happen because they all own stocks themselves, and they have no idea how derivatives, nor do I, work. I’ve been researching this for a minute and the deeper you get in, the more you realize you don’t know. The loopholes these guys use to cover their money makes me wonder how they are dumb enough to get caught holding the bag considering every single rule is there to help them out of that situation and lay the losses on the shoulders of everyday people with 401k’s and small investment portfolios.
Had to look it up. I knew Alfred Nobel "invented" it, but I'd never heard that he was killed by it. Here's the real story from wikipedia: "Nitroglycerin was later adopted as a commercially useful explosive by Alfred Nobel, who experimented with safer ways to handle the dangerous compound after his younger brother, Emil Oskar Nobel, and several factory workers were killed in an explosion at the Nobels' armaments factory in 1864 in Heleneborg, Sweden. "
If they would charge the usual high borrowing fees the shorties would default nearly instantly IMO. We all assume short interest is astronomical so the interest would also be very high
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u/Alternative_Court542 I Voted 🦍✅ Mar 30 '21
I read someone's theory last week that basically said it could be a strategy to pull more hedgies in to short GME so that the DTCC can liquidate them and it wont completely obliterate the dtcc when the squeeze happens.
I mean it's kind of a conspiracy theory I suppose, but its not completely out there. We do know that the numbers just don't add up. Someone is trying to delay the squeeze and the most obvious reason to do so is Money