/biz/ - Business & Finance

>>54066962
Still comfy, holdin' and lurkin'.

>Summary

GameStop Info
>Complete corporate revamp by Ryan Cohen
>Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations
>Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory
>NFT marketplace beta launched

DRS & Computershare
>71.8 (17.95) million shares DRS'd by Oct. 29th, 2022
>Previously 71.3 (17.825) M shares by end of Jul. 30th 2022, 50.8 (12.7) Apr. 30th 22, 35.6 (8.9) by Jan. 29th 22
>and 20.8 (5.2) by Oct. 30th 2021

Unfuddable
>Shorts never closed and there exists more fakes than real shares
>'MOASS' is a matter of time

Further information can found by reading the OP or DYOR!
Reply to this pasta for any confusion.

WGAMI!

Other news/reminders:
Thursday RRP: 2,229.623B, 101P = 22.075B per (roughly)
Friday RRP: 2,188.375B, 100P = 21.88375B per

>GME shorted percentage of float as of Jan. 15th, 2021: 226.42%
www.rosenlegal.com/media/casestudy/2289_Robinhood%20-%20Initial%20Complaint%20-%20Market%20Manipulation%204835-8623-1514%20v.2.pdf
>HF/broker class action lawsuit evidence
storage.courtlistener.com/recap/gov.uscourts.flsd.590042/gov.uscourts.flsd.590042.416.0.pdf
>SEC GME/meme stocks report
sec.gov/files/staff-report-equity-options-market-struction-conditions-early-2021.pdf
>
>Four-for-One Stock Split - Form of a stock dividend (Record: Jul 18, 2022; Dist. on 21st AH)
investor.gamestop.com/node/19826/html
>22 Proxy Statement: Stock given in comp will be issued as RSUs that vest in quarterly increments over 4 years.
investor.gamestop.com/node/19701/html
>FY22 Q3 Earnings
https://news.gamestop.com/node/19941/html
https://news.gamestop.com/node/19946/html
>BlackRock and Vanguard increased their GME +300% Feb 22 to Feb 23
>Q4 + FY2022 earnings on Mar 21 AH

>100 page comparison DD
https://pdfhost.io/v/05TEEk3U6_MOV_GME_Comparison_Doc

Please don't feed spammers and sliders.

I'm ready for the global collapse, the U.S.A will not see one iota of GME TAX.

GET FUCKED.

I will not help bail out SVB, no siree. Tranny's, troons and gentile goons will feel the wrath of the BABOON.

Soon we Moon,

i don't see how some banks going bust will be beneficial for GME

>>54066996
>>54067033
checkable

jeemi stock

>>54067267
gme is a hedge against hedgie mania

>>54067033
>feel the wrath of the BABOON.
Speaking of I heard Oprah lost half a billy

>>54067267
Because you see, you are a legitimate idiot

Ladies and gentlemen, welcome to my show. I'm your host, Cim Jamer, and today we're going to be discussing one of the most talked-about companies in the market right now. GME, Gamestop. Now I know that many of you there are mad this stock stole your pensions, hoping you will be refunded, but let me tell you, the naked shorts don't lie. GME's over-shorting by institutional investors was dire, and they didn't go under. First of all, let's talk about shorts. GME has been struggling to shake off shorts in a post 08 market. The company's NFT approach is cutting edge, and the rest of the market has not even considered this technology. In addition, they have a strong focus on long-term profitability, and a broad base of die-hard buyers at any price.

And let's not forget about the lack of competition they are facing, the market cannot even try to catch up. The NFT industry is going to be littered with the corpses (bankruptcy type) of Coinbase™, Fidelity™, and OpenSea™ are giving their lunch away, and it's only a matter of time before GME is a monopoly. Now, I know that some of you may be thinking, "But Cim, what about the the class action suits? Surely the SCOTUS will rule against them?" Well, let me tell you, that is fueled by speculation, not legal theory. It's nothing more than a hope you wish is true.

In short, GME is a company that is before it's prime and ahead of the game. The numbers don't lie, and it's clear that this company is headed for the moon. My advice to you: If you're holding onto GME stock, it's time to hold, and hold forever. Because if you don't you're going to be the one left holding the bag when the bottom falls out.

Imagine being a hedgie in that office and having to be all like "damn Kenneth Griffin you fuckin' fine, all sexy with your tight payment for order flow and horrific failure to delivers. I would totally invest with you, both my company and the real me" when all he really wants to do is to short another failing brick and mortar store in his penthouse. Like seriously imagine having to be a hedgie and not only sit in that chair while Kenneth Griffin flaunts his disgusting assets sold but not yet purchased in front of you, the favorable market making privileges barely concealing his frontrunning trades and just sit there, trade after trade, hour after hour, while he perfected that execution. Not only having to tolerate his monstrous fucking visage but his haughty attitude as everyone on Citadel tells him he's STILL GOT IT and DAMN KENNETH GRIFFIN TRADES LIKE THAT?? because they're not the ones who have to sit there and watch his clownish fucking gremlin face contort into types of grimaces you didn't even know existed before that day. You've been shorting nothing but a healthy diet of theatre chains and later alleged towel stores for your ENTIRE CAREER coming straight out of prep school in New York. You've never even seen anything this fucking disgusting before, and now you swear you can taste the sweat that's breaking out on his reddish face as he opens his eyes to look suggestively at you, smugly assured that you are enjoying the opportunity to get paid to sit there and revel in his "Madoffesque" (for that is what he calls himself)" talent, the talent he worked so hard for with bought government officials in the previous years. And then the SEC calls for another meeting and you know you could kill every single person in this room before the building security could put you down, but you sit there and endure because you're a fucking hedgie. You're not going to lose your future SEC appointment over this. Just bear it. Hide your face and bear it.

I hold 4 her

Ladies and gentlemen, welcome to my show. I'm your host, Cim Jamer, and today we're going to be discussing one of the most talked-about companies in the market right now. GME, Gamestop. Now I know that many of you there are mad this stock stole your pensions, hoping you will be refunded, but let me tell you, the naked shorts don't lie. GME's over-shorting by institutional investors was dire, and they didn't go under. First of all, let's talk about shorts. GME has been struggling to shake off shorts in a post 08 market. The company's NFT approach is cutting edge, and the rest of the market has not even considered this technology. In addition, they have a strong focus on long-term profitability, and a broad base of die-hard buyers at any price.

And let's not forget about the lack of competition they are facing, the market cannot even try to catch up. The NFT industry is going to be littered with the corpses (bankruptcy type) of Coinbase™, Fidelity™, and OpenSea™ are giving their lunch away, and it's only a matter of time before GME is a monopoly. Now, I know that some of you may be thinking, "But Cim, what about the the class action suits? Surely the SCOTUS will rule against them?" Well, let me tell you, that is fueled by speculation, not legal theory. It's nothing more than a hope you wish is true.

In short, GME is a company that is before it's prime and ahead of the game. The numbers don't lie, and it's clear that this company is headed for the moon. My advice to you: If you're holding onto GME stock, it's time to hold, and hold forever. Because if you don't you're going to be the one left holding the bag when the bottom falls out.

GME is winning

>>54067033
You don't have a fucking choice. LOL. Look at what they did in Ukraine. Big banks will take the good loans and you and your children will own the shitty ones. LMAO.

>>54067404
You sounding real scared right now bucaroo.
I wonder why, lmfao.

Are we looking at inflation or deflation post molasses?

>>54067267
It won't be, it's just the cope baggies need to keep going. They copy-paste some nonsense about collateral from superstonk and saying "spoon-feeding time is le over XD" if anyone asks them to elaborate (they can't because their explanation doesn't make sense).

>>54066962
zozzle stupid dumb fuck baggots

>>54067308
weird random question unrelated to the current discussion: i love your jeemi oc anon but at the same time i'd love to see the meme go wild and free and have other anons take a shot at it. i'm not a drawfag myself but if i or anybody else lurking, hypothetically speaking, would pay other drawfags to create new potentially semi-lewd jeemi oc would you be mad at it? (i'm taking your feelings into account here because gme frens and all that i know it's gay)
ps: where on 4chan would i find said drawfags? i don't really venture out much as i'm pretty much stuck here on /biz/.

>>54067461
I choose deflation

>>54067461
Deflation. Rockefeller invented "economic induction" which is how the USD is made, borrowed into existence and needs to be paid by borrowing dollars in the future. We are going to see the convoluted derivatives market evaporate, taking dollars out of supply, while prices for things like housing and stocks crash very low, easily 50% minimum. There will be less dollars in circulation than asset prices decreases if that makes sense.

>>54067313
Please
>Crim Jamer

>>54067461
depends entirely on whether they go with bail outs or bail ins

>>54066962
kek desperate sunday baggies

please explain deflation i promise i'm smart

>>54067267
>2021 bullet swaps expire and t+35s loom
>Silversheckles doesn't file
>Silversheckles goes under
>Sec pulls credit sus filing before it goes public
>Banks start to go under

Kek dumbfuck crypto baggies

The Sirius Report @thesiriusreport
7h

One for the virtual scrapbook, Yellen, today:

Let me be clear that during the financial crisis, there were investors and owners of systemic large banks that were bailed out and the reforms that have been put in place means we are not going to do that again.

inb4 delusions baggies post screencaps of me pretending to be Ryan Cohen

Looks like no bay bay via Janny's statementrinos

>>54066619
Brokies go broke. No refunds.

>>54067487
If you are sure about this: Absolutely. Iam stoked anon. Someone made an OC a while ago for free. He posted it on /i/ oekaki. I think you could find several anon's there, willing to make OC for monies. Please make sure to post her here, so i can see how she will further evolve. Thank you very much for asking. To add onto this: thank you so much. I am a slow drawfag & only one person. I do this shit cuz i love jiemi and this general. But to have another anon back me up is really amazing, regarding the fact that you want to pay monies for it. Do your thing! I am happy about your move.

https://twitter.com/unusual_whales/status/1635007987202019328?s=46&t=8ANZdJu-2WmX3TIppHncjA

>he deleted it

HAHAHAHAHA

>>54067817
did they tweet something?

⋆:*:⋆:*:⋆:*:⋆:*:⋆WAGMI⋆:*:⋆:*:⋆:*:⋆:*:⋆

>>54067741
Inb4 you post proof of that post actually having been you, Daniel

I hope I get a cool ID this thread

Pros and cons for bailing out SVB
Pros:
>err...
>umm....
>we confirm that the market is a joke and rich people are immune to consequences?
You know what, fuck this, it's an unfair question

>>54068028
My favorite part is they literally can't bail them out, and even attempting to do so would set precedent for every other bank failure moving forward to just absolutely destroy the federal reserve any time anything happens. It'd be carte blanche for every bank to just do whatever the hell they wanted moving forward which isn't going to happen. They'll say they're thinking about it, they'll get Twitter to talk about something else, and then they'll tell everyone here's your quarter million per account fdic insurance and go fuck yourself when the rest of the world no longer cares. There's zero other viable alternatives to handling the situation.

>>54068208
>teenager too stupid to understand how his checking account works trying to comment on central bank macro-economic monetary policy
lol, lmao

Will the SVB collapse actually lead to something big like a domino effect on other banks?
Serious answers please..

>>54067792
>>54067487
To add onto your post: i think you can also find people outside of 4chan willing to make drawings. Also this is the original jiemi, so the colors and everything will fit. I don't know what kind of shoes she should wear tho. It is pretty important for her to wear shorts, tho. And if you want to, she could have a hedgescissor as a weapon/accessoire.

>>54068287
>actually lead to something big like a domino effect on other banks?
It's already happening

>>54068287
No, it will not.

>>54068287
What do you think when Prime brokers can't lend to shorters?

>>54068263
>still didn't post proof of being the rc post as claimed
>still acting like a wanton faggot
I know anything over 250k is uninsured and your mom is full of my cum and smiling about it

>>54068307

zero percent chance theyre bailing out SVB. they will say anything they can to try to stabilize things but that's as far as they'll go.

>>54068370
when the chinkoids markets open thats when the reality will set in they are fucked, all the money jews are fucked

I hold 1 share of GME. Will I make it?

>>54066962

Which are the best 3 ways to store wealth? How the billionaires keep their money during this crash? Gme excluded

>>54068416
Straight white male?

>>54068444
buy land, resources (food, water, and energy), guns/ammo, shelter. Anything which has true value in this world

>>54068444
that's the neat thing

can someone post the pic of all the banks that tanked friday? I need it

>>54068444
In the long term pick either stocks or real estate for growth, bonds for a wealth retention, and gold or Bitcoin for a monetary hedge.

>>54067741
Uh oh
Damage controllies confirm firmed

>>54068449
Yeah.

>>54068572
You already fucking made it my nigger in Christ welcome

>>54068507
Me too

>>54068642
nvm I found it in the previous thread

>>54068287
Realistically, only the ones over-exposed to the type of speculation SVB was or heavily invested in the banks that were. That said, anyone saying there's zero chance of contagion is a kike shill or a retard.

>HAPPENING : CODE PEANUS WEANUS
HAPPENING : CODE PEANUS WEANUS
>HAPPENING : CODE PEANUS WEANUS
HAPPENING : CODE PEANUS WEANUS
>HAPPENING : CODE PEANUS WEANUS
HAPPENING : CODE PEANUS WEANUS

>>54068746
It's Joever

>>54068746
What does it mean for us?

>>54068746
The permabulls getting obliterated might just be the best part about this whole situation. I can’t wait for tomorrow

>>54068791
It means two (2) weeks is up

LOUD
NOISES

I plan on breeding a women from every country in the world (except africa) post moass. This is to spread my superior genes and ensure diversity to make sure that my genes will be passed down through the rest of the human story.

>>54068909
Leave the white south africans to me

>>54068746
>no one wants to catch a falling knife
>wants
It's more that they can't. Especially not RBC lmfao. More swaps hitting t+35 each day.

>>54068791
it means
>two weeks
is now
>one week

>>54068940
This is why they hid the swap reporting until late 2023 I guess

>thread splitter suddenly nowhere to be found
really makes you think...

https://twitter.com/fxhedgers/status/1635032550002532352?s=46&t=8ANZdJu-2WmX3TIppHncjA

AH FUCK

>tfw MOASS

>>54068291
>shorts
>hedge scissors
>saved pic for reference
let me see what i can do. this will take a good amount of time if i get to it but i'll post the results here. don't expect anything quick.

>>54068971
They delayed it further, I think it's 2025 now?

>>54069046
>There's no lab leak
>There's no election fraud
>There's no inflation
>There's no recession
>There's no bail out

>>54069046
>>54069145
It's fucking over, isn't it? I even dared to get my hopes up that something was finally happening

>>54069119
I don't, drawing takes time. But i am pretty hyped anyways. And i will see it cuz i lurk these threads everday. Best of regards, anon! WAGMI

Post your favorite baggie copium
>SHORTS NEVER COVERED!

>>54069267
Baggie here. Pretty sure we have been saying they have been covering this entire time. I personally am much more interested in the part of this where they have to close those positions

if the fed has to buy svb or whoever nigger bank it will be both advantageous overall and funny

>>54069228
>It's fucking over
It's just the beginning and they're setting the tone for the whole thing.
No buyers + this bail out mean that the money drys up fast when the contagion inevitably spreads. Everyone is focused on this one bank right now and its taking them the entire weekend to come up with some kind of solution. They're fucked when it all starts pouring in real time.

kek weekend baggies

>>54069145
these fucks really are going to get bailed out

>>54069267
>ACK

>>54069363
Hyperinflation here we come. MOASS was a beautiful dream

I am feeling pretty good about this whole scenario, so i will post the Gamestop animu opening again for some hype:

https://www.youtube.com/watch?v=-brKBbwtWr4

BBBY IS GETTING A M&A

I'm not gay.

>>54069537
https://www.reddit.com/r/BBBY/comments/11pmc3n/this_seems_important_to_our_timeline_but_too_much/

Cohens tweet about shooting down his balloons is about the SEC / Govt blocking the paperwork

https://twitter.com/zerohedge/status/1635038466361954305?s=46&t=8ANZdJu-2WmX3TIppHncjA

I guess it really was a nothingburger

>>54069662
S&P up 0.4%? shit guess I'm investing now

>>54069537
Holy shit. The babble babies were right.

>>54067651
>give bank $1000
>Bank loans out $900 and keeps 100 because they don't think you'll ever need the full $1000 at once.
>Still says on their books they have your $1000
>There are now $1900 being used in the world instead of $1000
>Repeat for millions of people and thousands of banks for 80 years
>now have quadrillions of dollars of pretend money
Now considering this, what happens when they go bankrupt and have to pay all those loans back?

>>54069662
Fuck....

>>54068940
Wtf

>>54068416
Yes. No super yacht. But you'll be fine.

>>54067651
Think of all wealth in the USA (GDP) like a pie. Dollars are slices of the pie. More dollars, smaller slices. Money printer runs hard, slices shrink down to nothing (hyperinflation).

>>54069537
still not buying your BBBags

Not gonna lie, former Trump voter here. This is fucking hilarious watching Trump crash and burn. But in all seriousness we can't let this guy get the nuclear codes

>>54069934
How many for a super yacht then? Is 3 enough?

The banks absolutely do not have your money, they removed even fractional reserve requirements in 2020.

It is not illegal to suggest that given bank(s) may be insolvent or otherwise be incapable of returning depositors' money.

The $250,000 per custodian FDIC deposit insurance coverage is a total crock of shit - the US government is already deeply in debt, has already printed truly insane amounts of money, and revving up the printers again to reimburse however many millions of accounts would truly result in Weimar levels of hyperinflation. Hell, they haven't even paid back losses from 2008.

Feel free to copy paste this everywhere, I'm sick of seeing kvetching and outright lies about this shit. Mutts are servile filth and will accept this until their money gets gobbled up by insolvent bank buy-ins anyway. I piss on the United States, sneed, feed a round into the fucking chamber and press the barrel to your mongrel skull.

>>54070021
I'd much rather have Trump than Brandon

>>54068940
test

>>54070021
>former
>fellow

KEK providence researchies

https://twitter.com/lookner/status/1635043103336960000?s=46&t=8ANZdJu-2WmX3TIppHncjA

ANOTHER BANK JUST WENT DOWN

SIGNATURE BANK IS CLOSED BY US GOVENMITT

>>54070051
The international dollar grift is a much larger system being operated on behalf of the power elite. Absolutely all of our money has been spent/burned and we are all collectively holding multi trillions of dollars worth of toxic IOUs.
This will be interesting, because all of the losses will be just the precursor for massive amounts of inflation. All of the pent up losses will basically be monetized.

A BANK CLOSURE JUST FLEW OVER MY HOUSE!!

>>54070152
bruh it's not even monday yet

>>54070165
Shit is getting mad juicy. It doesn't look like there will be an orderly exit. I'd like to see the dark pool exchanges rn.

>>54070152
They'll just get bailed out like SVB.....

>>54070051
cool it with the antisemitism.

>>54070146

>>54070152
JUST
U
S
T

KEK CRYPTO BAGGIES

>>54070152
Who’s next to fall? Digits decide

even if we MOASS what's the point if there's no banks to actually get your money from?

>>54070368
We're going to be the bank

>>54070362
Truist bank

Checkem

>>54070362
Citadel

>>54070362
Wells. Checkem.

>>54070362
The Anti Christ.

>>54070362
Your balls perhaps finally.

Re-rolling for truist

Their logo literally looks like goatse

>>54070362
Bofa

>>54070475
deez nuts

>>54070362
JP MORGAN!!!

>>54068357
someone shoop the text to read ANUS RAT

>>54070368
>What is a credit union
Banks are for profit, and credit unions aren't guess which one will survive, and which one won't.

>>54069837
vid related https://www.youtube.com/watch?v=Vk7P119QcRc

>>54070466
Rude
>>54070425
I bank with them and even I want those stagecoach niggers to go down

>>54070362
Bank of England

>>54070602
>He thinks the bank of the eternal Anglo will collapse
Lol.lmao even

>>54070152
Signature bank, that's the last crypto bank. There's now no banks at all that are willing to enable fedwire transfers to crypto institutions.

>>54070362
JPMorgan Chase because I have 8k of debt with them, just give me 24 hour notice so I can place my last $1k amazon order

>>54070152
>115B in assets
WEW LAD.
>>54070362
U.S. Bancorp.

>>54070152
tic tic tic...

Wells first, Chase second, BOA third

Synovus first, truist second, Wells Fargo third

Checkem

>>54070764
>>54070794
You dropped these, kings.

Credit Suisse
Watch

>>54070362
Credit Sussy

Credit sussy or JP morgan first? I'm thinking Credit Suicide.

>>54070362
Rolling for JPM.

>>54070362
rollin'

>>54067715
Good to know.

>>54070723
>>54070362
Okay, not Bancorp.Maybe it's Goldman Sachs

something's fucky

>Banks pic related
>EoD monday
>S&P500 +0.05%

>>54070152
more info

What will the copium be tomorrow when the banks are fine and nothing happens? I couldn't take such a scenario

>>54070961
Imagine betting on business as usual right now. Imagine it. Envision the aroma.

>>54070991
I've been hurt too many times

>>54071015
Bro just sell

>>54071058
Imagine selling now lmao

>>54070961
All that means is the Fed opened up emergency swaps with troubled banks. Nothing would actually be resolved. I went ahead and placed an emergency PM order via credit card lel.

I have $500 of silver coins, AMIGMI? I have 1300 GME as well

Assuming the banks get bailed out what does this mean for moass and my money?

>>54071097
I bought 400 shares on Friday. I thought if nothing else I could start swing trading because I did regret not buying more at 17 when we went to 25

>>54069837
>baby’s first attempt at understanding banking

>>54067461
Deflation. Why? Because I'd prefer deflation, and so it shall be.

>>54071079
But your feelings. Just sell faget.

Can we please stop talking about banks and get back to talking about how you all were totally destroying the shills?

>>54071133
With those digits? Hells yeah. As long a you're DRS'd.

>>54071219
Yeah like 300 DRS'd the rest can't be

Also RC commented

>>54071188
Janet Yelling said she is ruling out a bank bail out.

>>54071264
I love how cheeky RC is.

>>54071152
I think it is perfectly fair to earmark some funds to swing trade these meme stocks. Although it does seem like the price does just keep getting lower and lower. We really haven't seen a major move higher in a long while. I personally sold off all of my other dividend stocks and moved them into GME at $18. The plan was to sell around $25 and then rebuy my original positions. I know we'll eventually see another major spike higher. Especially now that we are over 60% DRSed. It's absolutely mind blowing how far we've come.

>>54070362
boa
chase
wells fargo
deutsche bank

https://www.cnbc.com/2023/03/12/regulators-close-new-yorks-signature-bank-citing-systemic-risk.html

>>54071419
systemic risk you say?

>>54071260
>you had regulations imposed so this wouldn't happen again, and it did, no bailout

>>54071429
Now how would a bank fall into systemic risk? I thought they were supposed to be honorable and trustworthy with their customer's deposits!

>>54071264
>>54071299
>he's posting more
I believe that was him last night.

>>54071299
I would love it if RC could deliver us a cheeky MOASS

>>54071464
>>54071264
>>54071472
I think Cohen is based and redpilled

>>54071419
Oh no no no. Kek containies

>>54071419
>systemic risk
Excellent, now let's introduce some idiosyncratic risk ontop of everything else.

How is crypto not tanking? Signature bank just went down too.

>>54071533
because the algo has gone nuts

I wonder if Ryan Cohen will ever do any WORK?

>>54071564
>whale teef

>>54071419
Bobochads, we’re eating GOOD tonight

>>54071564
>>54071589
It's because USDC's proximity to SVB spooked most people out of stables.

>>54070152
https://www.reuters.com/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/
>Signature Bank had deposits totaling approximately $88.59 billion

why can't I swap tokens with the GME wallet anymore. I have about $500 in USDC in it I want to swap for eth.

>>54071855
So if everyone on the depositer side is being made whole, that's 300 billion dollars minimum between SVB and Signature to make that happen, assuming no other banks fail.

we are so back holy shit

>>54071855
>banks are failing under Biden, here's why orange man is still bad

>>54071908
you know this is just the beginning

>>54071810
There was a massive flight from USDC to USDT on Friday, I think USDC collapses within the week but I'm not really sure exactly when and what the offramp is going to be now that signature and silvergate are gone.

Man it feels so good knowing that /smg/ and crypto baggies are shitting their pants meanwhile I’m about to buy 1,000 shares right at open with some big ass SQQQ calls

We are so back

>>54071908
>assuming no other banks fail.
It is going to get a whole lot worse.

>>54071945
There's not going to be an offramp, you swap for something else or get rugged.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm
so did they get bailed out? I dont know if this is a bad or good thing (or good for ((them)))

>>54071924
Get your head out of your ass. Both parties are responsible.
Neither side is willing to hold wall street to account. Stop trying to divide people over partisan bullshit

Okay so to recap SVB has collapsed and SEC/Fed are desperately trying to find buyers otherwise potential bailout.
And just now crypto friendly Signature Bank has collapsed.
What are our thoughts for tomorrow?

>>54071977
bingo. the normies are quick to blame one side, but it was clintons cucked ass that repealed glass-stegal and obama refused to do SHIT about the banks. Trump might have set in motion this shit but there's a long line of presidents doing the same shit before him.

With all these banks failing - $GME must be doing really well! How’s everybody doing? Heavy into the green?

Wait…. What?

You’re still underwater?

That can’t be!

>>54071924
>>54071959
You don't need to tell me twice. I'm just appreciating the scale of this crisis as it reveals itself to be closer and closer to what I expected of it.

>>54071977
>>54072034
Let's be honest here. We all know who's fault it actually is.

>>54071264
Wait... RC wants the banks and hedge funds bailed out? What the fuck is his problem??

>>54071915
>WE'RE BRINGING BACK MODDED GTA 4
https://www.youtube.com/watch?v=1o-ojTM6tCE

>>54071977
You don't see the one sided hate cult peeking through in that article? "le both sides" is cope.

>>54072120
That's not what he's saying there. He's calling attention to the fact that these banks are so much worse off than 2008, possibly because of unreported swap positions, that once the FDIC gets in there and sees the real books they don't even try to save the institution.

>>54070961
Hundreds of banks will be fine tomorrow, but none of them matter half as much as Signature Bank does.

Will this .gif come true tomorrow? Find in the next episode of GAMESTOP: THE ANIME

>>54072120
His company (GME) relies on a lot of companies that relied on SVB. Door dash etc,

Dumb question but I don't have any shares of GME currently. Can I just add a buy stop order at like $30 tomorrow to catch a breakout if it occurs?

>>54072189
>thats not what he's saying
>*performs mental gymnastics to deny the actual words in his tweet but explain he means something completely different
Jesus christ Ive been coming here less and less but is that how culty this shit has become?
One last fucking pump please so I can get my money back

>>54072269
is michael douglas gay?

>>54072269
That's entirely up to your broker, if they allow you to do it then you can do it.

>>54072269
You might not get to buy it at 30 if PM goes fucking bananas

https://twitter.com/michaeljburry/status/1635060780042457088?s=46&t=8ANZdJu-2WmX3TIppHncjA

I still hate this faggot

>>54072330
Isn't he one of those "people"?

>>54072330
>people full of hubris
Qui?

>>54072330
That last sentence is clearly sarcastic.

>>54071973
It's not a bail out. Also, although they maintain that 250k and under deposits are safu, they didn't say WHEN the 250k will be available for withdrawal. Depositbaggies will be the Two (2) Weeks-ers now.

>>54072269
>I don't have any shares of GME currently.

Crypto baggie day of the rope could be as early as tomorrow

It makes me sad that they won’t be around when MOASS actually kicks off

>>54070362
ZOG as a whole will fall and fail next. Christ is with us and the MOASS is nigh.

>>54072269
I dunno man, can you wait 2 days for settlement before the squeeze with these external conditions preventing King Mayo from tapping into banks liquidity that are now in the process of cascade failing and thus suppressing the price?

Funny how we never quite made it out to T+1. Shucks.

>>54067267
its essential to cleanse the filth in wallstreet. long time coming.

If banks go bust where am I supposed to keep my millions?

>>54072488
Checked and it might even happen later tonight.

>>54072600
Mattress.

>>54071973
sure sounds like bailout

>>54072600
under your mattress dummy

>>54072628
depositors will be protected according to existing rules in place (250k). What was cheekily not mentioned was when the payouts will happen.

>>54072628
Depositors might be alright, but who held SVB stock and used it for collateral purposes. They, and anyone doing the same with Signature, are no better off after this news than before it broke.

Still Holding.

>>54072600
Credit unions, insured cash sweeps (autobalanced across accounts under FDIC limit), government bonds held to maturity, dividend stocks, and various hard assets.

>>54072683
>cheeky
hold my manischewitz

I would expect that SVB isn't going to be the only bank failure, so if they bailout SVB that means they're gonna have to bailout any others. Are they prepared to go down that road?

>>54072749
define available

https://twitter.com/newswire_us/status/1635068100893888513?s=46&t=8ANZdJu-2WmX3TIppHncjA

UH OH JP MORGAN STINKY!!!!

>>54072811
>tfw bank with WF and JPM
What's next, BOFA?

JPM is a fortress though?

>>54072628
>>54072691

Maybe that is for the best if its for the depositors only. Regardless how rich some of these fucking niggers are. Losing your net worth because your bank fucked up does suck. That being said, all the derivatives crumbling as a result, shits still gonna hit the fan right?

https://whalewisdom.com/stock/sbny

Usual suspects, Citadel are on page 2 though. Vanguard are the biggest bag holder though

All stocks will be halted at open on Monday morning and remain halted until open on Friday. Don't ask me how I know.

>>54072851
It isn't alright, because even I know that diversifying your cash holdings between multiple institutions is the only way to avoid this kind of situation, and I don't have the cash reserves to justify that sort of knowledge. Someone who does has every reason in the world to know better, and they ought to feel the penalty for their own disinterest in protecting themselves financially, when they had every opportunity (and advantage) to do so. Regardless, the fallout in terms of available assets to play with is something I can't wait to see.

>>54072811
Just bought (more items on Amazon with my Chase card)

https://twitter.com/unusual_whales/status/1635069268663603201?s=46&t=8ANZdJu-2WmX3TIppHncjA

THEYRE CALLING IN BRANDON!

This is going to be so fucking good lmao

>>54072942
That does make sense. The follow up question too with this is where is the money going to come from to make depositors whole. They says its not going to come from tax payers, but unless they turn the printer on; that money is gonna have to come from somewhere.

>>54072864
wonder if this will mess with Vanguard's moneymarket, tomorrow should be lit

>>54070906 First Premier of South Dakota? (Of the YOuRE ApProVED for aPLaTNIuM MasteRCaRd bulk mailings)
Oh no not the Bancorp Bank who else will issue pay cards for McDonald’s employees and Vanilla Visa Gift Cards Now? The bank I worked for took the money from customers buying CDs that paid 0.25 and bought CDs from banks like this that paid just ever so slightly more and that was pretty much the process. Oh and issue capital trust level debt at 6 percent for the sole purpose of a stock buyback in the 10s of millions. Ignore redeeming our preferred stock and instead just enrich your sets buying up all those precious supervoting B shares.

Black Monday the 13th

>>54072960
Surely the high IQ play would be for everyone with a JPM credit card to debt max on silver and never pay it off. Make them hold the bag while you buy their silver hoard off them?

>>54070239
Fucking saved, that's amazing.

>sell my stock on CS
Where does my money go? My credit union only supports up to 500k in my checking/savings account. Does it go back to fidelity? Does CS hold onto it?

>>54072999
They have to make up the difference between what the insolvent bank's assets actually sell for vs. what the insolvent bank owes in lingering obligations. If they could have balanced the two positions evenly, insolvency wouldn't be on the table in the first place. Where the imbalance expresses itself and how they address it will define the response to this crisis.

Isn't CS's main broker Bofa? If they go under, sales of stock wouldn't be possible, correct?

>>54073027
That does sound smart. Lithium (in the form of solar generators) is also a good investment

>>54072724
Going to be a fun fucking week I think. Lots of old faces will be popping up I imagine.

Hot take: GME will go down in value tomorrow.

>>54072978
>my fellow americans
>it's over

>>54070239
You must have confused me with another anon

>>54072839
BOFA DEEZ NUTS

>>54073063
Right cause the problem is they purchased a bunch of bonds but due to the interest hikes the bonds are pretty much worthless? So depending on how deep they invested on the now worthless assets is going to determine how much of that burden is going to be shifted to the printer? Thanks for helping me understand

>>54071464
wtf
simulation theory is real

>>54071264
RC is in favor of bailouts? This goes against all his other tweets in which he shits on QE and money printing.

>>54073118
Not that hot of a take desu. I think it will likely go down a bit more with the market before the algo realizes it’s already dead and has to start buying shares.

>>54073195
I don’t know if you’re autistic or just being disingenuous.

>>54071264
>trap card

>>54073226
WTF your joking right, there are like 30k users live on superstock right now waiting to hit buy button tomorrow at 9:30 AM. What world are youeven living in?

>>54073185
Bonds are not the only assets on the chopping block. It's a bigger problem for SVB than Signature or First Republic, but it isn't the only problem. Controlling the chaos is impossible at this point. Today's auction is clearly just the start of that process.

>>54073136
This is actually comically obvious. Surprised I have never heard it before.

>>54073248
I'm autistic that's why I am into GME.
RC is pointing out that the treasury dept isn't interested in a bailout but minutes later a bailout was announced. And it's disingenuous to highlight the returns of the 2009 bailouts as it was not ethical to use tax money to bail out rich friends. With a bailout, debts being waived and support of the government anyone can pay back a loan. In the end the people pay through inflation and heightened debt levels (which turns into higher tax rates and less investing in public goods).

>>54073036
They’ll send you a check in the mail or ACH/ Wire the proceeds to you. I’ve sold paper/certificate shares for years through them and I got a check for the proceeds and a 1099B at the end of the year.

>>54073403
Why is RC letting them get away with it? Just give us the divvy and stop fucking around Rain Chode

>>54073303
If I understand how the contagion possible and how its unfolding, and this is my golden retriever understanding: Is that via the derivatives thats distributed so widespread through our banking system, is that When SVB went down, all of its obligations to other institutions went down with it, and depending on how deep these other institutions were, they too become insolvent which causes this insolvency ripple to repeat and spread out. insolvency = bankruns which makes the problem significantly worse. Is this the right mental model?

>>54073403
It's not a bailout, you're retarded. Shareholders and investors get nothing. This is using fed liquidity for depositors. If it was a bailout the bank itself would survive and the government would own a piece of it.

>>54073403
You’re also a fucking retard.

>>54073458
You've got it. Everyone's got the depositors as a focused distraction, but the real story for us is in how this plays out for associates/invested parties/affiliated partners with these failed banks, and what the failure of these banks means for aforementioned parties.

>>54073487
https://www.bloomberg.com/news/articles/2023-03-12/signature-bank-closed-by-new-state-regulators-fdic-says?srnd=premium
ew-state-regulators-fdic-says%3Fsrnd%3Dpremium
When it rains it pours

>>54073281
>he still thinks individual investors effect the price.
anon I...

>>54073464
even then depositors are getting not much. Their big fish clients had way more than 250k. The government will probably prioritize people with smaller amounts (poor people) and then give richer people less than what they are owed (80k instead of 180k)

>>54073503
let chaos reign. Thanks for being patient with me

>>54073532
>Their big fish clients had way more than 250k
Niggas with 250k or below will not be able to get the 250k all at once.

>>54073534
My patience is as much for your benefit, as for my own, and every lurkers. I feel 200% more confident in my read of the situation after having hashed it out.

>>54073464
>It's not a bailout
A bank made bad bets and lost a lot of money on bonds (unrealized, but value is already lost). Now tax money/fed printer is being used buy the bonds way above market value. It is a bailout. Depositors already lost their money, they just didn't know it until a bank run occured.
Yes, if bonds are held until maturity some money would be recovered. But currently, the bank lost big on a bet and the government is bailing them out.

Look, if you don’t stop trolling me I’m going to have to report you to the police.

>>54073563
that is not what's happening
lurk moar

>>54073534
may the odds be ever in your favor

Hey stupid fuck baggies. Member when I told you that you were WRONG AS FUCK about this hypdate too? Monday will be green green green.

FED BAILING OUT SVB

NOBODY GIVES A FUCK

MUH CRAZH. AHAHAHAHAAHAHAHAHAAH

>>54073563
>Now tax money/fed printer is being used buy the bonds way above market value
sauce?

>>54073136
>>54073342
Notice Yids have given up saying "It's a joke" and they now just post around it and pretend it doesn't exist. But you can see how many just spam posts are here. Clearly they want to control the narrative on GME.

>>54071915
POKA FAYSU

>>54073136
It’s
>you must have me confused with another anon.

Hey stupid fuck baggies. Member when I told you that you were WRONG AS FUCK about this hypdate too? Monday will be green green green.

FED BAILING OUT SVB

NOBODY GIVES A FUCK

MUH CRAZH. AHAHAHAHAAHAHAHAHAAH

The fed is 100% covering uninsured deposits. That's a bail out. How do you think the government has the money to cover these deposits?

SVB has unrealized losses of 60B and will close. How do you think these losses will be realized when the government is covering 100% of deposits, by far the majority creditors of SVB?

Holy shit the desperation is so palpable

is it just me or do you have tummy butterflies too?

>54073695
Yid poster, knew they were going to save the yids. Yids control the entire economy and that's why GME is so dangerous.

I like your posting style anon. Want a job shilling? Reach out to gamestoprecruiting@protonmail.com.

>>54073718
Hey dumb ass. The FED isn't the government. The federal reserve is not the treasury department.

>>54073666
>>54073666
>>54073666
Threaded

>>54072978
It's joever.

>>54073602
>>54073695
Double posted again Yid.

>54073718
It’s actually kind of sad that is what you’re forced to resort to try and fud. Kek. Screaming and raving your mad hopium at a bunch retards on a Mongolian basket weaving forum.

>54073763
Unacceptable

>>54073754
>>54073754
>>54073754
Breaded.

>>54073763

>>54073628
>Bilboard for Vtuber advisory services with "seed & feed" on it.
This type of dumbassery will soon be alot more common once the great wagmi happens. I can't wait for clown world to become fun world.

>>54073125

>>54073602

>>54072120
Pretty sure that's sarcasm.

>>54068291
I got like 100 credits for Novel AI I can take a try at if people don't mind some AI generated Jeimi's
I also got a shitty stable diffuser I can try running. It seems to struggle with full bodies but does faces pretty decently.