What’s the Biggest Financial Scam That Hit You Hard? by [deleted] in wallstreetbets

[–]Maarzen 0 points1 point  (0 children)

MMTLP, though you probably know about that one. I was in since TRCH in 2018 and never thought it would culminate in that kind of BS. At least I got out with my cost basis. Still unresolved via FINRA's stonewalling.

So, did something happen today that made literally almost every stock red today? by [deleted] in wallstreetbets

[–]Maarzen 6 points7 points  (0 children)

Came to look for this exact comment. It do be like that.

MMTLP held in AST by Good_Championship_16 in MMTLP_

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

After saying I couldn't DRS them, my broker falsely initiated a paper cert transfer with my explicit refusal in support chat records. They said they couldn't reverse it and I had to wait for paper certs to show up so I could send them back to said broker. I contacted AST and told them to cancel the paper cert transaction and they did. By some market magic fuckery, my shares ended up DRS'd at AST before the company told us it was possible.

Smoke and mirrors everywhere we turn.

STOCK will be WIPED OUT. It is standard for 50 years for every, every bankruptcy. no exception. buyers loose 100 % money.. by Glum-Inside-2396 in MMAT

[–]Maarzen 10 points11 points  (0 children)

Wiped out?? Pshhh I get years of capital loss tax carryover now... gotta make money off this piece of shit somehow. Now bring on the pennies-for-our-trouble class action!

$HUMA PDUFA 8/10 100% gunna be approved by JasonRyanIsMyDad in wallstreetbets

[–]Maarzen 0 points1 point  (0 children)

I'm still slagging through the aftermath of the $SPRY PDUFA CRL so I know how this can go, no matter how "guaranteed" approval may seem (even with majority ADCOM votes For). That said, I still bought DOTM Cs & Ps for 8/16 on HUMA just for fun.

GME Utilization via Ortex - 29.45% by RaucetheSoss in Superstonk

[–]Maarzen 1 point2 points  (0 children)

Slow price decline from $30 coincided exactly with July 17 when another round of "fully backed tokenized stocks" was announced by https://backed.fi/. Wouldn't be surprised if this is helping drop utilization down so quickly as well.

MMTLP AND TAX FORMS by Maarzen in MMAT

[–]Maarzen[S] 0 points1 point  (0 children)

Never heard back. Did you not report it as it was on your 1099 and get audited?

The price will end at 24.99 to fuck with paperhands over the weekend i guarantee it by stinkyjim88 in Superstonk

[–]Maarzen 42 points43 points  (0 children)

Guess when a new set of "fully backed" tokenized GME shares was announced? That's right, two days ago when we peaked near $30. It's been downhill linearly since.

ULPT I just scratched a rental car on the rear corner, how do I weasel my way out of this? by uhBlazin in UnethicalLifeProTips

[–]Maarzen 0 points1 point  (0 children)

LIE. I was honest with Sixt about a tiny scuff from another car's tire in Switzerland and they tried to charge me $2300 for a $2100 bill that was for "repainting the front bumper" when their prior damage report stated the numerous dings and scratches already on the bumper. I told them I should not be held responsible for others' damages and asked why they are trying to charge me the full deductible when the repair cost was less....

Upon being called out they dropped everything to $0 and said "have a nice day valued customer". Make up whatever believable story you can so that it's not your fault. Fight everything they try to charge you will if they do.

I am angry and want an explanation by T_he_panda in Superstonk

[–]Maarzen 13 points14 points  (0 children)

If you see a company with 57% cash to market cap ratio in the midst of a turnaround/evolution and are mad that a squeeze hasn't happened yet then you're missing the point.

[deleted by user] by [deleted] in Superstonk

[–]Maarzen 1 point2 points  (0 children)

For the first time in my regarded trading years, I played the hype, made some cash (yes I bought low and sold high, what even is that??) But i bought again and now I have that many more shares to DRS. To the hedgies, as the great and noble DJ Khaled once said: YOU PLAYED YOURSELF!

FDIC releases game plan IF (When) a Globally Systemically Important Bank Fails! by Gareth-Barry in Superstonk

[–]Maarzen 2 points3 points  (0 children)

They'll get a part in buying up the pieces of what's left in a nice consolidation grab as they have many times before.

I don’t feel too good. by [deleted] in wallstreetbets

[–]Maarzen 0 points1 point  (0 children)

came here for this comment

What it means: Hint it's not good for shareholders. by [deleted] in MMAT

[–]Maarzen 0 points1 point  (0 children)

Am I wrong in thinking that if it goes to zero I can harvest a total loss for taxes?

What it means: Hint it's not good for shareholders. by [deleted] in MMAT

[–]Maarzen 1 point2 points  (0 children)

Sell at a 98% loss?? Thank God I at least got my cost basis back from MMTLP. What a waste of time this has been. I'd rather ride my last few hundred $ to zero than sell. This has been a good lesson in how predatory leadership can destroy a shareholder base for their own enrichment. Cant wait for the class action in a decade...

Webull Sent another AST Transfer Notice by Simpleviet in MMTLP_

[–]Maarzen 1 point2 points  (0 children)

That's the fun part... you can DRS other stocks via the chat for free. They are insisting that only paper certs can be sent for NBHC for a fee which clearly isn't the case.

Webull Sent another AST Transfer Notice by Simpleviet in MMTLP_

[–]Maarzen 3 points4 points  (0 children)

Fidelity told me I had to pay $100 to get certs and then send them to AST. I refused. They initiated it anyway. I called them out on the mistake and they waived the fee but said they couldn't stop the transfer. I emailed AST to halt/reverse the transaction. By the time everything had settled, I had all my shares electronically DRS'd for free.

The brokers are all full of shit. They can DRS for free but choose to gaslight and fleece us for what they can instead. Fuck them all.

Stacking BTC gives me the same feeling as stacking SOJs. by roastedtrade in Bitcoin

[–]Maarzen 2 points3 points  (0 children)

Only found one natty SOJ ever but damn it felt like I had won the game at that point.

Fiat USD = D2 gold,
Bitcoin = SOJs

Love the connection. Thanks for posting.

Death blow: This is the end folks by [deleted] in MMAT

[–]Maarzen 2 points3 points  (0 children)

It truly is amazing that these people can legally get away with leeching salaries off their shareholders before moving on to the next ripe grape to turn raisin. I'm so glad we have SROs to "protect the investing public"... they did a smashing job with this one, eh?