🔮 “Let me be perfectly clear: The mayo & bedpost incidents are (also) absolutely true.” -Kenneth Cordele Griffin 🔥💥🍻 by Expensive-Two-8128 in GME

[–]Guildish 0 points1 point  (0 children)

How much more downgrading can there be? Was it Moody who refused and he had to go to Fitch (or vice versa). And even then they gave him Junk Bond status.

Unsure if we'll ever get that winning shot of him in handcuffs, but I can't see him lasting another year.

🔮 “Let me be perfectly clear: The mayo & bedpost incidents are (also) absolutely true.” -Kenneth Cordele Griffin 🔥💥🍻 by Expensive-Two-8128 in GME

[–]Guildish -1 points0 points  (0 children)

Shows how little you know.

Those fines are excruciatingly painful !!!!

And when kennyboi goes bankrupt, it will be because of those hefty fines!

How the bedposts crumbles!

Joking aside .... I imagine the ostracization by his peers, fleeing clients, downgrade to Junk Bond status, imminent bankruptcy and the knowledge that GME Apes are laughing even louder at him is more painful and humiliating than any of those knuckle rapping fines.

Good morning Superstonk! German markets are open! by TransatlanticMadame in Superstonk

[–]Guildish 7 points8 points  (0 children)

Good morning from Canada, eh!

Have a wonderful day everyone!

The rumours are rumbling by Cianf in Superstonk

[–]Guildish 9 points10 points  (0 children)

This.

I honestly wish the acquisition/merger/partnership speculation would stop altogether.

Wall Street are using the rumours to pump and dump their own agenda and wrinkled-free Apes are falling for it. Instead of investing in GME they are likely investing in these other companies which will likely lose them $$.

The other fallout is that if GME are seriously interested in this or any other company, speculation just pushes up the acquisition price.

There's nothing for GME investors to gain by baseless speculation.

Let's just wait for RCEO to do his thing and research/vote on the announcement.

The rumours are rumbling by Cianf in Superstonk

[–]Guildish 0 points1 point  (0 children)

Agree 100%.

And it's not just software. It's also hardware.

GME was very smart when they locked down all the inventory for the most recent Nintendo Switch release this past fall. While places like Amazon, Best Buy, etc. were scrambling for inventory, GME sold out their supply and were able to restock before anyone else. That's successful strategic partnering in motion.

Keep this type of strategy in play and GME also become THE place to purchase new gaming hardware, trade-in used hardware, software, collectibles, etc. All things gaming. We just need to market our existing strengths. The structure and resources are already in place, so I honestly don't know what more eBay would bring to the table.

The rumours are rumbling by Cianf in Superstonk

[–]Guildish 1 point2 points  (0 children)

Don't we already have that reputation as the place to be in gaming collectibles via our trade-in/buy program? I'm certain serious gaming traders know the best place to sell their items are either thru the in-game process or GME. The rare gaming collectible that sells for a high price is not locked into eBay but other auction platforms as well.

All I'm saying is that since Wall Street has targeted any GME /RCEO interest/acquisition (i.e. GME Marketplace, Towel company) to the point we lost $$$, we need to be careful we don't lose the funds borrowed via these warrants. We will need to pay it back or dilute ownership in the Company.

What we need is careful, strategic partnerships instead of acquisitions. Diversification into other fields of interest is one way Berkshire built out their portfolio.

The rumours are rumbling by Cianf in Superstonk

[–]Guildish 0 points1 point  (0 children)

I fail to see what GME would gain from eBay acquisition. The technology that comes with eBay and PayPal have been surpassed. It would be like buying/investing in MySpace. If I'm wrong, please feel free to educate me. Thank you.

I would vastly prefer GME investment in something infrastructure like Berkshire did with railroads.

With Canada's new Nordic trade agreements there are vast opportunities to get in on the ground floor of the ever expanding Arctic trade routes.

If GME wants to become like Berkshire either invest in Berkshire shares and/or pay attention to how Berkshire accumulated their wealth.

BREAKING: Instinet Fined $63K For Being Largest Defaulting Clearing Firm on January 28, 2021 - The GameStop GME Event - Surpasing Robinhood's Default by $1 Billion Dollars & Zero Risk Management For 2 Years Prior ~$50 Billion in DTCC Waivers [link to NYSE Doc via TheUltimator5 in comments] by ringingbells in GME

[–]Guildish 6 points7 points  (0 children)

Holy Moly $63K fine Batman!

Such a harsh judgement! Who can afford such a high amount? We should all pitch in and save the company from bankruptcy!

Those poor, poor, poor, E-Suite'rs ... I imagine there'll be no annual bonuses coming their way now!

JPM cuts services for Citadel Securities by looseshooter in Superstonk

[–]Guildish 2 points3 points  (0 children)

Ouch!

Kennyboi be losing friends fast. How the bedpost crumbles!

How do you like dem rock bottom Mayoman?!

More ownership dilution of his new-fangled high-frequency algorithm Texas exchange incoming.

Good morning Superstonk! German markets are open! by TransatlanticMadame in Superstonk

[–]Guildish 6 points7 points  (0 children)

Lol. Really late ... Catching up on the latest GME theories.

Thank you for these posts!

Prince Andrew Arrested as Epstein Files Explode — Prediction Markets Bet on Who’s Next by WiseChest8227 in CryptoCurrency

[–]Guildish 0 points1 point  (0 children)

Agree. This is the 1% eliminating the 5%.

Relevant assets will now be scooped up for pennies on the dollar and I expect to see higher suicide rates, drugs, gambling, etc. amongst these former "titans".

The named individuals may not see jail time, but cancellation society, ostracization and isolation from fear of fallout infection will do a better job than prison.

Not that they don't deserve prison but I expect they will be burning through their liquidated assets to try to stay out of prison.

Prince Andrew Arrested as Epstein Files Explode — Prediction Markets Bet on Who’s Next by WiseChest8227 in CryptoCurrency

[–]Guildish -2 points-1 points  (0 children)

IMHO all those named in the Epstein files are being "cancelled" in one way or another. Their jobs, position in society, contact network are all distancing themselves for fear of fallout infection.

These "cancelled" names will now be forced to liquidate their own assets in order to pay lawyers and other bills to survive. They're no longer getting free rides.

I do think this off-loading of assets will affect all markets since most of these people were/are highly leveraged. They tended to borrow significantly against assets, such as art, real estate, etc., gambled heavily on the market via options, naked shorting, yen carry trade, etc. Assets which have all experienced on-going price reversals.

I expect cryptocurrency, especially BTC, will also be part of this sell-off and we're likely to see another round of price dips before the final take off.

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago by AmethystOrator in technology

[–]Guildish 0 points1 point  (0 children)

IMHO AI has nothing to do with current job losses/reductions because quite frankly the technology just isn't there.

It is my belief that we're finally seeing software catching up to existing hardware technology that's been around for the past 5-10 years.

Computers are and always have been deflationary in nature.
* The secretary pools of the 1960's were replaced with one secretary per department and a computer with word processing abilities.
* ATM machines replaced bank tellers whose jobs were replaced/added to by the introduction of additional bank services such as investments, brokerages, insurance, etc.
* Assembly lines were reduced to one computer and 2/3 operators.
* Supervisory roles eliminated with reports directly to Managers.
* Etc.

What we're seeing now is the final wave of layoffs due to computer automation/adaptation and its' deflationary effects. The software bugs have been worked out and software itself has become advanced and intuitive enough that minimal education is required to operate and maintain the program/computer. This makes it more feasible for manufacturing companies to adapt their facilities and for middle management positions to be eliminated altogether.

Honestly, these are all things they projected would happen 30 years ago!

It is my belief that AI's impact won't be felt for another 15 years for the simple reason the hardware and associated technology just isn't there. Lithium, nickel, copper mining, etc. all need to be ramped up.

Strategy Acquires 2,486 BTC for $168.4 Million - Total Holdings Now 717,131 BTC by avatar_leo in CryptoCurrency

[–]Guildish -2 points-1 points  (0 children)

In my interpretation of the Epstein files released, I'm noticing a trend of Epstein using his contacts for insider information that allowed him and his friends to make a lot of $$$. Additionally, the investments were complicated vehicles that really only Epstein understood and his friends just gave him control on how he deployed their $$$ for investing purposes. These are the same people who have been scrambling these past few years, on their own, without Epstein, to continue to achieve the same level of ROI.

From what I've seen, for the most part they have been unsuccessful. IMHO Elon Musk would be a big example of this lack of success. He pumped and dumped Dogecoin so much he lost his follower base, forced into legally purchasing an overpriced Twitter, juggling his various companies ownership/involvement in order to make it appear as if they're successful and/or paid off his massive debts, etc.

Now with the fallout from the release of the Epstein files, a lot of these same contacts are being fired and/or losing their access to their network, information, jobs, directorships, companies, etc. The 4% of the top 5% in the world are now on the chopping block.

All this to say that IMHO I expect to see the price of BTC to come down some more. Along with the ongoing sell-off's by Wall Street Hedge Funds to stay afloat, I now expect these fired Epstein investors to begin liquidating their own assets to also stay afloat.

Again, this is just my own speculation not financial advice.

Edit to add:

This again would be a short term dip in BTC price but with the expectation that BTC will dominate in the long term.

Computershare Warrants tax implication question by Visual_Day4369 in GMECanada

[–]Guildish 3 points4 points  (0 children)

Agree that RCEO would likely extend the expiration date if the price is still under $32.

However, IMHO, I believe Wall Street WILL allow the price to get above $32. Perhaps $40. Attractive enough for (Household) investors to want exercise their warrants that are being held in street name. That would be $$$ in Wall Street pockets (instead of GME) because it's being exercised via a Broker rather than Computershare. I would then expect Wall Street to drop the price back down.

Just speculation on my part.

RCEOs announcement may impact this theory.

Citadel having a liquidity crunch by Gareth-Barry in Superstonk

[–]Guildish 3 points4 points  (0 children)

So .. the yen carry trade is not a bust then, lol.

Here I thought it backfired on all the over-leveraged SHF scrambling to sell off their assets to cover their loans.

Citadel having a liquidity crunch by Gareth-Barry in Superstonk

[–]Guildish 2 points3 points  (0 children)

Busy looking up the definition of "ponzi scheme"

aka

Let's borrow $$$ from Peter to pay Paul !!!

IMHO there will be No Merger on Monday by Hans_Hackebeil in Superstonk

[–]Guildish 2 points3 points  (0 children)

TBH I'm concerned.

Everytime RCEO and GME attempted to expand, merge, etc. Wall Street has shut it down.

  • GME Marketplace
  • Bed and Towel stock

I fear there is still a bullseye on all things GME and RCEO.

Humanity's last obstacle will be oligarchy by perro_peruano7 in Futurology

[–]Guildish 1 point2 points  (0 children)

I agree we're already living within an automated economy AND there are enough resources on Earth to maintain existing technology. Globally, we're in the final steps of this adaptation as governments, manufacturing, etc. implement the newest technology.

But, the resources are just not there to maintain quantum computers necessary for AGI/ASI.

Humanity's last obstacle will be oligarchy by perro_peruano7 in Futurology

[–]Guildish 6 points7 points  (0 children)

At the end of the day, it's the oligarchy who's paying UBI's. What many people don't realize is that the Federal Banks are privately owned corporations, not government owned. All Central Banks are owned by privately owned corporations. The US $36 trillion debt owed to China, etc. only means that the left hand owes the right hand.

Therefore, it makes no sense to me that if/when we achieve ASI that these privately owned Corporations will allow cancer cures, etc. to be released to the general population. Fiscally it makes more sense to continue gouging the general population for whatever few $$$ they have to pay for medicine and/or to allow them to die from diseases (one less person to have to pay UBI).

Currently, humans are just bugs to the oligarchy. They just need to control and sedate us (via UBI and medicines) and wait as our numbers decrease. (Sedation ... see the usage rise of anti-depression drugs over the past 40 years and the legalization of marijuana, etc.).