Writing "All Roads Lead to Metz" across four historical periods has made one thing painfully clear: history changes its clothes far more often than human nature does.
@johncusack What unsettles me isn’t simply what this technology can do, but how quickly capability becomes infrastructure... and infrastructure becomes power without accountability.
I wonder if this is what @TheRoaringKitty figured out about $GME 🤔
Because of a 2023 decree related to Archegos bust $UBS now has a strict cap on risk exposure to single counterparts!👀⚠️
What does this mean? It means that if #CreditSuisse (now part of UBS) truly allowed its clients to extend the equity swaps and other derivatives they were using to short the stock, then they aren't in a position to roll those forward anymore for the full size.
Considering it is nearly impossible to roll such a toxic exposure with another bank, if all the above is correct the big losses of the first GME squeeze in 2021, assuming they were hidden in $CS belly, are about to surface and this time hedge funds and market makers will be forced to cover their shorts
Keith Gill is a genius. He is drinking a beer and dressed like a clown to purposely give the impression of dumb money. He knows exactly what he’s doing.
As a long time poker player I know a smart person when I see one. He isn’t talking at all about market dynamics related to swaps, related to dealer hedging dynamics or anything about what is driving Gamestop’s price.
If you think some dumb money clown drinking a beer on a livestream has the balls to rip 100 million on options expiring in a month without knowing exactly what he’s doing and all the legalities behind how dealers have to react to it, you are the sucker at the table. 😂
They want to paint this narrative of "price manipulation" but they will never tell you the full story.
The true story is they picked the wrong company to short and they didn't manage risk.
It's that simple.
Shorts were wrong.
Now it's time to pay up.
I would also add that his Livestream showed the feds how many of us are paying attention to the shenanigans of Wall Street. It was packed, and it doesn't count how many people were watching via other people. @TheRoaringKitty may be the face of this, but he is not alone.
$GME holders:
On the surface Roaring Kitty’s livestream today wasn’t the most exciting. He was late, seemed to choose implicative words carefully, and he didn’t execute the call options live.
However there are several major things he accomplished:
✅He showed that it is indeed him posting, not someone who hacked or bought his accounts
✅He clarified that no outside parties are backing him
✅He gave a new bull thesis for GME
✅Explained possible $GME turned around plan
✅He trolled institutions and Wall Street analyst firms
✅He continued the meme style personality that made him famous in the first place
IMO all of these things make the livestream a subtle win and make it likely to that overall $GME momentum wave will continue into the coming weeks.
So, retail investors are just paying for an illusion of influence while their trades vanish into the shadowy depths of dark pools??? Wait... is that sorta like the market's version of Narnia?!? 🤯😱🤯😱 But, but, but the media said... /s
. @TheRoaringKitty is live-streaming for the first time in three years tomorrow!
GameStop price is blowing up even more.
Mainstream media is spinning more lies. Here’s a debunk of all their bullshit, and everything you need to know.
Hype train leaving the station 🚀🚀🚀
If @TheRoaringKitty uses the chain to get shares cheaper than he would have to pay for the underlying then he isn’t selling he is accumulating @Reuters you are supposed to be an authority do better #GME
BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money.