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/biz/ - Business & Finance


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29020001 No.29020001 [Reply] [Original]

FROM THE MOUTH OF THE IB BROKER GUY HIMSELF
>”we came very close to the collapse of the financial system”

https://youtu.be/_TPYuIRVfew

FAGGOT ALSO GOES ON TO SAY GME WOULD HAVE GONE TO THE THOUSANDS IF BROKERS HADNT STOPPED TRADING

WHAT THE ACTUAL FUCK

>> No.29020124

>>29020001
Best takes From the comment section:

> You have the chairman of a brokerage admitting we were a day away from bankrupting multiple short sellers and brokers who allowed this unlimited risk to be taken rather than margin calling the short sellers sooner, and CNBC is still going to blame retail.

> So market manipulation is what happened. You prevented retail traders from being able to BUY the stock, and prevented the squeeze. Isn't there laws and jail sentences for manipulating a free market?

> The people didn't risk the system, the hedge funds did it!!!! Everything was cause because they shorted GameStop over the 100% (naked shorting) and people realise their mistake (and illegal) decision

> So seems as if the reason clearing houses, brokers and the DTCC upped requirements for GME was because they ultimately would have been on the hook to pay for what could have been a very drastic position...

>> No.29020210

Mom I don't want to play with Retail anymore they're not letting me win

>> No.29020253

>>29020001
Class action lawsuiy when?

>> No.29020321

>>29020253
We need a whale to buy up the float.

Recreate a VW squeeze. The SI is still super high. The only way we are gonna get a squeeze is if some angry whale comes and buys up a huge percent of the float...

Elon or Satoshi plz come join us...

>> No.29020392

>>29020210
Because of this I’m never selling. Gonna hold GME forever as a souvenir of the time I got fucked by market manipulation by the so called “free market”.

Fucking pajeet shitcoins aren’t even as big of a scam as the “free market”

>> No.29020873

>>29020321
this, elon needs to stop playing around with a raped coin like doge and just go in on gme
>>29020001
never selling, i only lost 40 bucks on gme, not a reason to sell

>> No.29020999

>>29020253
Never. The politicians are behind them because they need to keep the system alive for as long as possible. Buy precious metals, and crypto if you want to do something about it.

>> No.29021088

Stop putting money in your 401ks stop investing in the stock market literally just don't give them your money anymore put everything into crypto DCA and bi-weekly make that your retirement account these fucking kikes are going to learn the hard way that we are done using their shitty ass rig system

>> No.29021196

>>29020001
This fills me with unbridled rage

>> No.29021207
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29021207

So is this short still going or what?

>> No.29021265
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29021265

>>29020001
FUCKING KIKES
AHAHAHAHA

>> No.29021392

>>29021088
Yep. Only stocks I’ll hold though is Palantir because I genuinely support Karp & Theil and GME to keep as a souvenir of the time they fucked us. Gonna request a paper share of gme as well.

The rest though, I’m liquidating and gonna hold and then chuck into BTC during the next dip. I heard Apple Pay is looking to include BTC. So that will be nice if I can start to pay for things with BTC.

Fuck Fiat.

>> No.29021429

>>29020001
When will you niggers go back
I'm sick and tired of you r*dditfaggots ruining this board even more than polniggers
just fucking go back

>> No.29021505

>>29021207
Only will happen if angry whale/s decide to become our George Washington... this is beyond the money at this point. Wall st are literally the faggot British increasing taxes against the Americans thinking the Americans would just lay down and let them tread on them.

Which whale is gonna be our Washington and cause the mother of all squeezes?

>> No.29021517

>>29021392
>because I genuinely support Karp & Theil
Cringe

>> No.29021530

>>29020001
can you fags fuck off back to plebbit?

>> No.29021547

>>29021505
>>29021392
>>29020873
>>29020392
>>29020321
>>29020124
r*dditspacing in the entire thread about GME
What a fucking surrpise
JANNIES FUCKING CLEAN THIS PLACE ALREADY
IM SO SICK AND TIRED OF FUCKING NEWNIGGERS RUINING THIS BOARD

>> No.29021553

>>29021517
Theil is unironically the Based Department.

>> No.29021616
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29021616

When did you realize capitalism is a ponzi scheme, /biz/?

>> No.29021706

Also buy physical silver. Kikes have printed 250 fake ass paper silver IOUs for every physical OZ. If we can keep buying up physical, eventually game of musical assets will come crashing down.

>> No.29021727

>>29021392
>Fuck Fiat.
Based and redpilled

>> No.29021731

>>29021616
Capitalism does not have government protecting the thieves.

>> No.29021744

>>29021706
Good suggestion. We need to send a message to these fucks that they can’t keep treading on us.

DONT.TREAD.ON.ME

>> No.29021801
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29021801

Extremely bullish for blockchain. Lol keep your stocks since you get to play by your own rules. Imagine if Tom Brady is losing a football game and at half time the NFL allows his team to play offense and doesn’t allow the other team to play on their offense. That’s literally what those scumbags did to beat retail.

I kept my GME that I bought over $300, IDC about the money, it’s about principle.

>> No.29021819

>>29021731
Is this literally fascism at this point? Is that the real redpill? That we are actually living under fascism right now? Because the government is clearing colluding with the mega corps and financial system... Sounds eerily similar to fascism if you ask me...

The founding fathers flipped their shit over way less...

>> No.29021823

Is there a way to stop contributing to my 401k and switch it to crypto with the same tax benefits?

>> No.29021887

>>29021547
Shut up fag.

>> No.29021943
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29021943

>>29021887
You were always going to be a bag holder you newnigger
It must be tough living life as a 56% mutt, barely above niggers IQ
But hey thanks for emptying your pockets in my folio
While you lost 90% on GME I made more money than you did in your entire life gambling vs pajeets

>> No.29021986

>>29021731
Collusion is a result of Capitalism whether you're a Capitalist or not, anon.
Being able to buy government protection is simply part of the system.

>> No.29022021

>>29020321
Bruh they will just invent new float. The clearing houses will never force the shorts to deliver and they can sell shares they dont have.

>> No.29022049

>>29021823
Take out as big of a loan as you can against the 401k and use that to buy magocal internet money?

>> No.29022085

>THEY ADMITTED IT, WALL ST. BREAKS LAWS TO MAKE MONEY

You dont. Say.

>> No.29022114

>>29022085
It’s not that they confessed, it’s that they are literally on TV bragging about it.

What the actual fuck America?

>> No.29022145

>>29021616
Capitalism would have been MMs going broke along with the shorts.

>> No.29022167

>>29020001
>rich cucks manipulating their own game in stock market
>whale cucks manipulating their own game in crypto market
>land cucks manipulating their own game in real estate market
>govt cucks manipulating their own game in tax and debt market
WOAH! WHAT A FUCKING NEWS!

>> No.29022182

>>29021547
Get a grip you fucking pajeet. Go play around in some mud

>> No.29022193

>system protects itself
lmao what did you think they were going to go out without a fight?

>> No.29022232

>>29021547
retard that wasnt even reddit spacing

but since you asked

here you go lol

>> No.29022244

Bullish for crypto

>> No.29022246

>>29022193
So what do we do? Where do we go from here? We can’t just lie down and let them rape us like this

>> No.29022264

>>29022114
this. its one thing to cheat, but youre gonna ask for a beatdown if you fucking brag about it.

>> No.29022295

>>29021943
>tl;dr
Shhhh nobody asked, fag.

>> No.29022302
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29022302

>> No.29022307

>>29022114
They are bragging about it on TV and literally lying to people and providing misleading info simply because they know that they can do that and that there will be zero consequence.
Worst case scenario for them - they will pay some joke fines and fees and that's it.
Every year you have dozens of cases of big banks being accused of market manipulation and paying literal joke penalties for their actions. Did anything change? - No. Nothing. You average Joe doesn't give a shit and can't do anything about it.

>> No.29022384

>>29021616
when i noticed practical trustless sound money can't be real

>> No.29022428

If only we could raise some cash to buy ad time on a widely televised event to get a message out to expose--

--oh wait

>> No.29022457

>>29022246
Vote with your dollar. Find a list of all the major corporations and start refusing to spend any money with them.

>> No.29022459

>>29022307
>average Joe doesn't give a shit and can't do anything about it.
worse IMO is that Joe is woefully uninformed of how badly he’s being screwed.

>> No.29022468

Some dude makes millions in crpyto.
>His bank snitched on him and the fed siezed it.
He now had to sue to get it back with no money or the gains he got.
>He is still trying to get his money back.
SAME OL'FUCKING STORY THESE DAYS

>> No.29022490

>>29022302
Boooooooo thats fucking gay

>> No.29022542

>>29022246
cry about it on social media is probably the most we can do
the hearing tomorrow is not going to accomplish a thing as usual
SEC wont look into it "for some reason" :^)

>> No.29022588

>>29022246
Stop playing their dumb fucking game. Support DeFi. Let them rot in their corruption, they will eventually lose.

>> No.29023377
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29023377

>all this disinfo
>thinking anything watching this video except "Wow, they are really, honestly, truely fucked."
>Seeing how scared melvin is he has to blatantly lie on TV
>Today he's lying in congress.
Have a good night, shill thread!
Going to bed, waking up to a green bar tomorrow.
If not, guess i'm buying more GME.

>> No.29024306

>>29021819
You have no idea what fascism is, this is one of the things fascists constantly mocked about capitalists before ww2 just so you know.

>> No.29024487

>>29024306
fascism is capitalism's defense mechanism against proles acting up

>> No.29024698

>>29020001
At least I can feel vindicated in my predictions of four digits per share that never materialized.

>> No.29024791

>>29024306
Well what the fuck is this called? Cause it sure ain’t my libertarian free market... crypto is the closest we have to a free market.

>> No.29024897

I missed the train and the technicals are like bad every day since.

>> No.29025883
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29025883

>>29022542
https://news.yahoo.com/sec-vows-protect-retail-investors-150850343.html I'm going a little schizo, I feel like this is tied to the Great Reset somehow

>> No.29026239

>>29025883
Who knows at this point.
I’m here with popcorn ready for the ride.
God help us all.

>> No.29026470

>>29024791
Crony capitalism you retard how the fuck do you even get it mixed up with fascism

>> No.29026630

>>29024487
Lol

>> No.29026902

>>29025883
>I feel like this is tied to the Great Reset somehow
Literally starting to wonder if that isn't the case myself

>> No.29026926

How come no one is blaming the bogs here?

>> No.29026991

>>29021088
Not going to stop adding to my 401k because it’s pre tax and my company matches so I’m losing free money by not contributing. At 59.5 I’ll cash that shit out though

>> No.29027062

>>29026470
We are teetering on oligopoly

>> No.29027112

>hurr durr muh evil capitalism
Jesus fuck why don't you jeets just admit that you got rugged by a pnd