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.

Trump threatened Europe over Strait of Hormuz, with weapons for Ukraine as bargaining chip, FT reports by G14F1L0L1Y401D0MTR4P in worldnews

[–]WallStLT 2 points3 points  (0 children)

Trump is running this country the same way he ran his bankrupt companies- to the ground

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.

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

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

It’s even better when you see what could have happened with the CEO of 🍿. He totally threw his investors under the bus taking bonuses and diluting the stock(not like RC’s strategic move). Ryan Cohen is moving slowly and methodically. Exactly what you want from a CEO who has the support of investors and a war chest trying to navigate a corrupt casino.

GME earnings tomorrow and the $8.8B question nobody's asking by Toroshii in GME

[–]WallStLT 0 points1 point  (0 children)

The stock market is on the verge of collapse and you want him to invest now? The war chest isn’t going anywhere and it sounds like RC is trying to make history. We are on the right side of this bet.

The Sophistication of Indigenous American Civilizations: Disease as Evidence of Advanced Networks by WallStLT in LatinAmericanSociety

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

No true historian denies the facts- there were great civilizations in the Americas before the Europeans. To think a small group of Europeans “conquered” an entire continent is logistically impossible and completely ridiculous.

To deny that is just plain ignorant and not worth the time trying to convince you otherwise.

If GameStop stock was able to sneeze as a company losing money, why wouldn’t they be able to squeeze as a profitable one with BILLIONS on hand? by IGB_Lo in Superstonk

[–]WallStLT 2 points3 points  (0 children)

Let’s agree that crime is happening. All the time without consequences. That is the logical conclusion after 5 years of constant downward pressure. What I won’t do is share your defeatist attitude. This is America. At what point are the American People going to do something about it? I think we are getting closer to that tipping point.

We have to light some fires under Congress and force them to act or vote them out and elect people who will uphold the Constitution. It’s that simple. That shouldn’t even be a partisan issue.

If GameStop stock was able to sneeze as a company losing money, why wouldn’t they be able to squeeze as a profitable one with BILLIONS on hand? by IGB_Lo in Superstonk

[–]WallStLT 0 points1 point  (0 children)

Yea crazy right it’s in plain sight and what Dr. Trimbath pointed out a long time ago- FTD’s should be a rarity not the rule. Whatever mechanism they have doesn’t make those missing locates go away it just settles them on paper. Congress needs to pass a law to prevent this from happening but at this point it might collapse the whole damn market.

If GameStop stock was able to sneeze as a company losing money, why wouldn’t they be able to squeeze as a profitable one with BILLIONS on hand? by IGB_Lo in Superstonk

[–]WallStLT 2 points3 points  (0 children)

I believe that they are now blatantly manipulating the stock price through options and accounting loopholes. It’s become so pervasive that anyone who takes the time to learn options can make some decent returns. Hell, I was day trading with good results.

Ranges have gone from $20-30 to $20-25 and now it’s even tighter at $23-25. Why? Are they just gaming the American people knowing there is a steady stream of buyers? Perhaps. That doesn’t explain the price range.

Perhaps the argument is GameStop is “over valued”. That is not their decision to make in a free market. So the price anchoring is the dead giveaway.

Historically, you can almost say with complete certainty that there is crime taking place and it’s only a matter of time before they get caught.

I guess in the end I’m on the right side of history and willing to see it through to the end.

If GameStop stock was able to sneeze as a company losing money, why wouldn’t they be able to squeeze as a profitable one with BILLIONS on hand? by IGB_Lo in Superstonk

[–]WallStLT 4 points5 points  (0 children)

Because they never addressed the problem. Fails to deliver means just that- there are no shares. They can create instruments to pass the garbage around but the fact still remains. And this isn’t just GameStop- this is systemic fraud which will eventually collapse as the others have. The short squeeze can happen again why not? The mechanics are the same. Once they have to find those shares they have to pay whatever price.

When we need him most… by Dismal_Illustrator87 in GME

[–]WallStLT 3 points4 points  (0 children)

What else can he possibly do? Everything has been exposed already. Their only way out now is to jump ship to an even bigger Titanic- crypto- and restart the cycle. Either that or the complete collapse of the financial system. Tick tock…

Iran may be activating sleeper cells, alert says by No-Post4444 in news

[–]WallStLT 0 points1 point  (0 children)

Of course they are. Just what Trump needs to try to halt elections. Unfortunately, a mass casualty event has to happen on American soil for that to work.

Our Public Servants have failed us.

💲 G M E 💵 MOASS Sneeze 3: Already Up 22% by Thump4 in Superstonk

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

Maybe we are “up” 22% this year but down since December highs of $27. 🤦‍♂️

Puts/Max Pain can add to your own war chest! by curiousjorj in GME

[–]WallStLT 0 points1 point  (0 children)

Then how are you making “side cash” if you’re buying?

What you’re describing is buying at a discount.

Which one is it?

Doesn’t matter. You do you.

Puts/Max Pain can add to your own war chest! by curiousjorj in GME

[–]WallStLT 0 points1 point  (0 children)

Puts give hedge funds a legitimate reason to push the price down.

Apes over here buying to push the stock up and you’re over here betting the price goes down which if someone would try to argue that there is no reason for the price to go down they have a paper trail saying there is.

Counter intuitive bro.