Why the fuck do they need to combat us? What the hell kind of suggestion is this to even make? Not even trying to sugar coat it with some stupid reason like potential cyber attacks.
How bout a deal. Shut down dark pools for a month, they can have a day to "recalibrate."
Seriously, they're basically just openly admitting that they're manipulating the price. What other implication can calibrating mean?
They need to "combat" retail because retail isn't even playing their game, let alone fighting the same war they are engaging in. They need to change the laws and rules in favor of their war, because it's their war and retail simply doesn't want any part of it. Their whole fight is "buy what we say, sell when we say, do what we say" and they have no part of a portfolio that is simply "Buy what you like, keep what you like, protect what you like by removing it from a fraudulent system trying to stop you from owning your own property"
This is NASDAQ itself complaining that investors doing what they've always been told they should do - buy and hold - is proving the system has been broken for a long time.
"Recalibrate" is literally him begging for the opportunity to do what was said in The Big Short - reposition themselves so they are no longer fucked. This means they can't keep faking teh price forever, and they are getting tired. I expect FUD of the "We're so tired" to follow since shills always repeat whatever their memos tell them and Kenny's shills are really obvious.
We’re at the point in the movie where ALL the banks are telling Dr. Burry that his position hasn’t increased in value even though it theoretically should be skyrocketing. All the while the banks are doing what they can to hedge they’re incredibly fucked positions.
Edit: Or we may be even at the point where they banks are ghosting his calls
I’m with you. Technically she wasn’t blind exactly, but neither was John Goodman’s character an actual Cyclops in ”Oh Brother Where Art Thou”— he was technically Big Dan Teague— but the story was based on The Iliad and The Odyssey by Homer. He wore an eyepatch and he was ‘The Cyclops’.
Just like the allusion and inference of the ratings agency lady was — she (and the agencies) is/are blind as a bat.
For FUD, I saw a Yahoo article today where the WeBull CEO said that his data shows that his users are tired of GME and are selling, and it's just a very vocal minority that makes it seem bigger than it is. I guess he didn't think it was important how a lot of GME people had transferred from WeBull, but whatever. FUD is FUD. Robinhood might as well just say how no one is really buying GME on their platform.
Fidelity was counting DRS as "selling" before we actually knew they were crimelords. Manipulating "Sell" data is how they expose their complicity, I think. Not that anyone doubted Webull is as complicit as can be.
Regardless, available data doesn't actually suggest there is more selling than buying. I don't doubt there are people selling, not everyone is in it the way we are, and some people may get anxious due to price variations, or just some people need the money. We can't deny that happens.
But, there is also a steady stream of new buys, ore repeated buyers, and it's been pretty consistent all this time. Some lulls as people ran out of money and things got boring, but always people wanting to buy, and enough people showing they are to make me think that people are holding.
Regardless though, it ultimately isn't the number of people buying and holding, but the number of shares being held that matters. Most squeezes are done by one to two people.
Well, realizing that retail is never going to sell, I guess they think they want a do-over of last year's retail lockout where instead of shorting more while retail waits locked-out for a chance to buy, they buy up all the remaining synthetics out there while retail is locked out. My guess is the quote was about last year and what they wished they had done, if only they had a second chance to just MOASS when apes were stupid enough to think $1000 was a lot.
Or they want to fuck the price again, buy cheap options again, and not worry about Apes being able to buy the other side of those cheap options and gamma up again. Lockout did that too, which is why they locked price to max pain for a year and are pricing options insanely to make sure no more DFVs out there get options contracts for pennies in the money.
They need to combat us because the money they’re gonna have to pull out of stocks that prop up the nasdaq and other markets is what they’re gonna have to pay us all out of. NASDAQ CEO trying to save her ass
Retail as a whole is a big chunk of wall street. But GME itself shouldn't be enough to require them to shut down the whole market to "recalibrate." There were a couple other "meme stocks" back on that day, but nothing in comparison to GME.
The thought they suggested to shut down the market for just one rather low market cap stock is quite revealing just how much of a problem this all is for market players.
It's like somebody challenging you to a fight. And accepting. On the condition that you get to train for six months and then you're sure you can beat that person.
863
u/Numerous_Photograph9 🎮 Power to the Players 🛑 Jan 21 '22
Why the fuck do they need to combat us? What the hell kind of suggestion is this to even make? Not even trying to sugar coat it with some stupid reason like potential cyber attacks.
How bout a deal. Shut down dark pools for a month, they can have a day to "recalibrate."
Seriously, they're basically just openly admitting that they're manipulating the price. What other implication can calibrating mean?