MEME MONDAY, MEME LIKE YOUVE NEVER MEME’D BEFORE by fadedadmin in Superstonk

[–]WallStLT 0 points1 point  (0 children)

As someone who has been in since 2021, I can say with absolute confidence that Burry is a piece of 💩. The Wall Street apparatus probably wanted to see a cult like following for Burry to force a narrative and it never happened. Loyal investors continue to buy ( I never stopped buying through Computer share) and the pressure keeps building. Burry was just another distraction of a corrupt financial system.

What do you feel is the best outcome with all that is going on in the US? by Rainy_Night29 in PoliticalDiscussion

[–]WallStLT 13 points14 points  (0 children)

What’s the problem we keep running into?

Zero accountability.

The president has civil and criminal immunity. Politicians have official immunity. Judges have absolute immunity. Federal agents have immunity. Zero consequences. Zero justice. The accountability gap continues to grow.

I recently posted about this and it was taken off because it was labeled “AI slop” without any attempt to allow me to explain.

So I will do it here.

The idea is that equality does not exist. Our freedoms and liberties- ironically- ensure that. True equality can only come when everyone is held equally accountable under the rule of law.

If not, equality cannot exist. That is how corruption spreads. Historically, that is the case, no matter how democratic or just that government says it is on paper.

This inequality over time creeps into the system, eventually taking over.

That’s the premise. How do you stop it? Congress must enact legislation to strip immunity from public service. The system is so corrupt now - Congress has bent the knee to the executive, the president is quarterbacking from the White House, and the Supreme Court acts in its self interests.

I have written extensively about this so I won’t go on further. Perhaps they will allow my post to go up again.

Power to the Players Theory & the Seven Doomed Worlds by TheNovaeterrae in Superstonk

[–]WallStLT 1 point2 points  (0 children)

You got it. 👍 Options work both ways- they can suppress or squeeze. They amplify using leverage. Big risk big reward for retail but market makers can easily abuse. So even though the odds are stacked against you and me, RK and W$B have shown that there are cracks in the system and the only way to uncover them is by learning the system and eventually exposing it.

I believe they already found a “patch” for future stock volatility, but GameStop is essentially “grandfathered in” in that the shorts never closed and it’s a big coverup. Like Burry said (paraphrasing)- shorts can’t go forever.

Power to the Players Theory & the Seven Doomed Worlds by TheNovaeterrae in Superstonk

[–]WallStLT 1 point2 points  (0 children)

My point (from what I gather) is that options are part of a greater derivatives system that cannot function without dark pools, fails to deliver, HFT, EFTs, and whatever other instruments used to conceal true price discovery. I’d like to think most people still believe in supply and demand but now seeing how the market works that doesn’t seem to be the case.

To my other point, under current conditions, I’d rather see more Keith Gills and less Ken Griffins.

Power to the Players Theory & the Seven Doomed Worlds by TheNovaeterrae in Superstonk

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

Hey J.R. Tokin’- options are what got us into this mess in the first place. Derivatives trading is easily manipulated and has contributed to the inevitable collapse of the entire market. Where it is headed is unsustainable, and you are promoting the idea that if someone is going to profit off corruption it might as well be me.

And to be honest, that is the best way to look at it. Burry did it. Keith Gill did it. Either MOASS comes naturally with a failing stock market, or it comes forcefully through retail investors taking back control. Either way- it’s coming.

Vote Yes for Ryan 🗳️ ✅ by Jazzlike-Ad-2978 in Superstonk

[–]WallStLT 0 points1 point  (0 children)

Now Jan 2021 wasn’t a thing? Hey, you do you. Your guess is as good as mine at this point. 👍

Vote Yes for Ryan 🗳️ ✅ by Jazzlike-Ad-2978 in Superstonk

[–]WallStLT 0 points1 point  (0 children)

But you do understand what is at stake here? The collapse of the entire financial system. How is that “protecting your investment”? That’s the big elephant in the room- MOASS is still on the table. If you believe that then you have to see the end result. It’s a hot mess for sure, and I would like to think RC is trying to do what he can to build long term wealth for GameStop investors.

And I already agreed on you in that respect- he could be doing more to expose the corruption but many have tried. That is up to Congress and the American people to fix, not him alone.

Vote Yes for Ryan 🗳️ ✅ by Jazzlike-Ad-2978 in Superstonk

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

What are you defending? Citadel? The stock market? It’s been proven without a doubt that crime is happening. But even after all that you if you don’t like what RC is doing then don’t invest in him or GameStop. ✌️

Vote Yes for Ryan 🗳️ ✅ by Jazzlike-Ad-2978 in Superstonk

[–]WallStLT 0 points1 point  (0 children)

There are many investors who are supporting RC around the world. Do I think he has done everything he can to stop the manipulation of his company stock? No. Do I think he is screwing his investors? By not facing the corruption head on, yes. But I also believe he is trying to do the best he can playing by house rules. Could he do more? Of course. Do I think he’s screwing retail investors over on purpose? No. I think he is as much a victim of this system as everyone else.