This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
GME just getting started here. Cost to borrow has been increasing all week and the option chain just got triggered with this profitable quarter. Shorts are in deep trouble here as the turn-around is complete at a time when retail investors have been locking up the float with direct registered...
https://www.cnbc.com/quotes/CSCD5
Lehman blew up around 640. Credit Suisse's CDS is trading at 983 as I post this. Armageddon might be closer than we all realize, unfortunately.
Here is Credit Suisse 5 year CDS (insurance against blowing up in the next 5 years). The higher the number, the more likely the bank blows up. Lehman blew up around 640. Credit Suisse is bigger than Lehman and Bears combined. This issue has the possibility of damaging a lot of US banks if not...
Bank of America is backstopping Citadel's $65B securities sold yet purchased. I feel if the damn breaks with American banks, they are as likely as any to become worthless. BAC is sitting on a lot of unrealized losses. And the Credit Suisse situation is likely to get much worse soon as no one...
Banks with massive unrealized losses need to fail. They gambled away depositor money (usually at massive leverage) and now are essentially worthless. Having the FDIC backstop for more than $250K/account is idiotic. The FDIC is already collecting way too little money to stop this bleeding when a...
I have been adding GME every month. I believe in the turn-around story. There are not many businesses that are essentially debt-free (a small French Loan for Covid) AND cash flow positive. The fact that shorts never closed is just icing on the cake. They will be profitable soon.
BBBY is a redo...
You have to look deeper. They are not going bankrupt. But according to the media, this one is a goner...LMAO. Stock investing never has been easier than it is today. Just do the opposite of the corrupt financial media and win at every turn. BTW, it would have been insider trading to pay off the...
I would have a combination of stocks and crypto betting big on augmented reality and Web 3 being mainstream soon.
Stocks:
1. GameStop (GME)
2. Funko (FNKO)
Crypto:
3. Ethereum (ETH)
4. Loopring (LRC)
5. Immutable X (IMX)
Gamestop reports earnings on December 7th after the market closes.
Be ready to be wowed. They are going to smash expectations.
I remain all in and couldn't be happier holding this stock.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.