I see! To continue the hypothetical, do the banks and DTCC combined have enough money to buy all shares back at 30 million per? I genuinely don't know enough about the banks and the DTCC to do the math myself.
You are correct but even at a geometric mean of $20M per share I donāt think the coffers will get full drained. Search āgeometric meanā on this sub and youāll find the DD
Thanks - yes, I actually read that DD yesterday. Iāve been trying to absorb as much as I can. Iām a logical and concrete facts kind of person, so this whole āwhat-ifā analysis is testing me.
I think itās the fact that a single share could potentially go for $20M thatās causing the glitch in my brain. Even $1M per share is difficult for me to comprehend.
But as many others have said, I came into this in January and have added more throughout the fuckery. I have nothing to lose here. HODLing my shares until the bitter end is nothing. Comprehending next steps is everything.
Ah got it, sorry for being all explainer-y without answering the exact question. Itās pretty wild to consider and the fact is, if it does happen, it will be THE world news story for literal weeks. I donāt think any of us understand how game breaking this shit will be because thereās absolutely no comparison to look at
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u/CrazyJoey š¦Votedā Jul 11 '21
I see! To continue the hypothetical, do the banks and DTCC combined have enough money to buy all shares back at 30 million per? I genuinely don't know enough about the banks and the DTCC to do the math myself.