patrick.net

From the Babylon Bee of course.

Cash says

I think a big part of this is the clearing houses will not have the shares to meet "contractual agreements" when EOD/EOW is at their door...

Just saw that majority of the clearing is done by a single house, guess who the president of the company is? Name ends in "child", not Julia.

Misc says

The Hedge funds closed their short positions today (with a little help from forced sells). There is no Wall Street types that are going to lose money by retail customers raising the price anymore. The brokerage firms are back to supplying the retail customers with the ammo to shoot the shit out of each other.

The gambit of taking physical possession of silver is more promising, but securing delivery ain't gonna be easy. Everyone knows that non-physical possession is faked.

From what I've been seeing at zerohedge, the real fallout from the squeeze hasn't even started yet.

On physical coin, make sure you're buying from a reputable dealer. I can tell you about a month ago delivery started stretching out again. Believe it's 4 weeks right now.

NuttBoxer says

Cash says

I think a big part of this is the clearing houses will not have the shares to meet "contractual agreements" when EOD/EOW is at their door...

Just saw that majority of the clearing is done by a single house, guess who the president of the company is? Name ends in "child", not Julia.

Believable. What source is that from?

Patrick says

Believable. What source is that from?

r/conspiracy(back up), but also confirmed with a quick google search before posting:
https://duckduckgo.com/?q=rothschild+apex&ia=web
https://investorjunkie.com/stock-brokers/broker-clearing-firms/

clambo says

I have a Vanguard brokerage account and I can make free trades, even by telephone

Interesting that one of the few companies allowing trades of the highly shorted stocks yesterday was Vanguard. Perhaps because they are customer owned.
We don't need to worry about our stock price or generating profit for private owners. Our 30 million investors own the funds that own the company.
And their mission is
To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Short-seller Andrew Left, whose company Citron was one of the hedge funds to spark this week's battle with small-time traders over GameStop Corp, said in a YouTube video on Friday that his company would no longer publish short-selling research.
I couldn't find anything on short interest in certain companies on Fidelity. Do any other brokerages offer this info?

LOL, shorts can't even maintain a rigged lower price in afterhours trading when the longs aren't even in the game.

EBGuy says

his company would no longer publish short-selling research.

... thus giving up one of the major handles they used to manipulate the market with, lol.

EBGuy says

Interesting that one of the few companies allowing trades of the highly shorted stocks yesterday was Vanguard. Perhaps because they are customer owned.
We don't need to worry about our stock price or generating profit for private owners. Our 30 million investors own the funds that own the company.
And their mission is
To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Bye-bye, ETrade, hello Vanguard.

https://nypost.com/2021/01/28/fifth-grader-makes-3200-off-gamestop-shares-bought-in-2019/
Texas fifth-grader makes $3,200 off GameStop shares bought for $6 in 2019

EBguy,
Yes Vanguard has a structure like a co-op bank, as opposed to Fidelity (privately owned) or T. Rowe Price (public corporation).
I've been with them since 1992, and have been happy.
At the same time I invested at T. Rowe Price, so I have too many mutual funds.
I have a Fidelity account also; I bought a Health Savings Account to lower my Obama care tax bite, I invested for capital appreciation, it's like an extra IRA.
I told my brother to buy Roku when they started selling stock, now he asks me for other tips.
I don't have any but yesterday I told him to get some Gamestop. He didn't act quickly so he didn't make the trade probably.
I love that some guys are making money at the expense of hedge fund greed.

This really is the Revolution.
Hitting the oligarchs in the only place they can ever really be hurt: money and class.

My portfolios dropped two Hummers from the fleet because of all of this.

HunterTits

Why don't you fucks ever do your research. Dont get me wrong none of you knowing anything real about
how crypto works and you holding to your shit mutt opinions on Bitcoin particularly is a win fall for me in the longer run.

Those are real bitcoins 1-1 held in cold storage it's public knowledge. Some outfits do offer a representation of Bitcoin value
and in those cases you own NO BTC. The saying goes if you don't own the keys "cold storage" you don't own the coin.

This is why TOS is an important read when you sign up to what ever it is you are signing up to, so you know what the fuck the real deal is...
Do some research instead spreading your bull shit that is 1/2 truths if they have any truth at all

@HunterTits
I didn't notice 1 mention of Cold Storage or the public ledger in the book you wrote on the subject
it wouldn't of took much more to complete the subject and actually be in full context of the conversation between misc
and myself. I would never expect that but I will call you or anyone else out on it if they choose to mislead even Patrick
if he chose to kick me off fine.

Cash says

Cold Storage or the public ledger

It's a bunch of 0s and 1s!

There is no there there. Bitcoin holders are dependent on the next greatest fool.

It is what it is.

Onvacation says

It is what it is.

Will see you at 6 figures spewing the same dog shit ;)

HunterTits says

This has nothing to do with how crypto works because this isn't about crypto itself.

BS Your whole spew was all about how "crypto works because this isn't about crypto itself". Who are you trying to kid? Your post had valid points but just not enough
with all the omissions rather you left them out on purpose because they did not support your argument or you were/are ignorant of the facts.

Cash says

Onvacation says

It is what it is.

Will see you at 6 figures spewing the same dog shit ;)

Can you explain to me why you think my opinion that bitcoin is a Ponzi scheme that requires new money in order for old money to get out, there's no there there, is wrong? Not to mention the fact that crypto currencies require a HUGE amount of electricity just to maintain "the ledger".

There are a lot of smart software engineers and investment people on this forum that DO understand blockchain and recognize bitcoin for what it is, a speculative trade at best, aka gambling. I'd wish you luck if it didn't hurt small investors and waste so much energy. I have no doubt that bitcoin will gain more value in "fiat" before the whole system crumbles under its own unsustainability. It's just a matter of time.

I expect more personal attack instead of cogent arguments against my facts.

HunterTits says

Whereas when you put money into a stock brokerage account, 'buy' stocks with it, those actual stocks are yours even if technically held by the brokerage. At least that is supposed to be the case.

I'm not sure it's different than the case where you put money in the bank. When I worked at Schwab, I remember hearing that brokerages can trade your stock without your knowledge for their own profit, as long as they come up with it on demand when you want it.

Also, it's possible for you to take physical delivery of your shares of stock, but they make it very hard exactly because they want to keep this large pool of stock on hand for their own trading purposes.

Ripped off from Facebook:

zzyzzx says

Ripped off from Facebook:

Booger says

Ha, just watched some of the Warriors last night.

"You goin' Faggot on us?"

(Millennials scream at the butthurty words)

Melvin Capital, which bet against GameStop, lost more than 50% in January, report says

https://www.cnbc.com/2021/01/31/melvin-capital-lost-more-than-50percent-after-betting-against-gamestop-wsj.html

Sounds good to me!

I jumped in for fun with a couple shares @ $262.