They should’ve made it a video. I’m pretty sure the average DJT investor can’t read.
The whole idea of short selling is wild and feels like it should be illegal, so I’m totally OK with informing people how to prevent what they see of as an investment from getting loaned to people who are only trying to devalue that investment.
However, it is funny coming from a guy who has probably done more shortselling in the last hour than most people will do in their lifetimes. It’s also scummy to recommend paying to use a holding company he probably owns or gets kickbacks from.
The whole stock market is gambling, short selling is just the way to profit on the prediction of a price going down instead of up. Really short selling is one of the least sketchy things the stock market does, because at least it’s public how it works.
Right! 70-80% of trades on the stock market are bots trading with bots that learned to trade by watching historical trade data and trading with other bots, most on the order of milli or microseconds.
Oh god it gets so so so much worse than that. Video from Jon Stewart on how deep the rabbit hole goes.
The problem is not short selling, the problem are rich people manipulating the market in ways that should definitely be illegal.
How it’s allowed to first short a stock and then release some “secret” (and often partly or complete bullshit) info is beyond me.
See - Headline after headline about bits falling off “Boeing” planes, when they were sold by Boeing twenty years ago and badly maintained for the last ten
🤨
How does this have anything to do with short selling? Besides, parts are falling of and their own engineers are speaking out against Boeing. That’s not to mention the multiple crashes that were 100% preventable, foreseeable and Boeings fault.
- holding your DJT shares in a cash account at your brokerage firm instead of a margin account (a model instruction letter is set forth under the heading “Example Form of Letter to Broker” below); or
- opting out of any securities lending programs, which should stop your broker from lending your shares; or
- moving your shares to Odyssey Transfer and Trust Company, the Company’s transfer agent (please note that you may incur certain costs in connection with any such transfer and once your shares are moved to our transfer agent, your ability to timely transfer your shares back to a brokerage firm and sell may be a longer process); or
- transferring your shares to your bank (if they have custody services) and holding them in your retirement account (if permitted by your plan).
Bold of them to think their target audience can read this many words
Bold of them to think they have a brokerage firm.
Their marks are going to print out stock certificates and put them in a gun safe.
It’s going to be rehashed into a dozen bitchute videos by dudes in Hawaiian shirts with dramatic hyperbole explaining it along with likely a side of misinformation and con artist profiteering.
Yeah, because “not lending to short sellers” sure saved GameStop.
Company is profitable, has a billion dollars in the warchest, and has zero debt
Seems like its working to me
I’m as happy as anyone about all that, but the DRS movement hasn’t had the effect that was hoped for exactly, has it?
In what way? Stock price? Doesn’t matter until 100% drs
I used to follow the ticker, but now I can’t even remember how many I’ve got. Not as emotionally invested anymore, but still in.
How big are your bags?
Idk, just accruing and DRSing as much as I can
But…but….but…the market will self regulate?
They don’t like the invisible hand when it starts slapping them around.
This ain’t no regular slap.
This be a Bernie Mack Pimp Slap Extraordinaire
Just spend some time reading about naked shorting, then you’ll begin to understand why the stock market is the way it is.
I can’t believe the stock is actually going up in price. Seems like lunacy. It made sense that for the past month it’s been dropping but a bounce like this is making me doubt the nature of my reality.
Cause the numbers aren’t real, just like Tesla. Inflated due to the leaders’ cult (and in this case possible “actors”)not for any business reason.
Short cover rally.
lol idiots.
