Lol this is pretty good. It's a little confusing, though, and could use a little simplification, perhaps? Either way, I like it!
What a shame... yet comedy.
For anyone just kinda happening across this post and not sure what's being talked about, this is related to the stock market.
Basically, it's possible for large hedge funds to create and even sell "phantom" AKA counterfeit shares - and then when someone calls them on the fraud, they can just kinda say, "Whoops! Our bad! We're just going to reverse the whole deal and pretend it never happened. :)"
There's more in-depth info at this website here - which isn't very pretty or expensive/professional by any means, but is well-sourced and straight-forward.
I'm all about starting an AIG. I think that's, very likely, vital at this point. My guess is the board and executive team would welcome it.
I see you already have an answer. Another ~relevant answer would be "most of them."
I really, really appreciate this post. Good stuff. It's one of those things what I had kinda felt or sorta knew, but couldn't or hadn't tried to articulate (did I really know, then? maybe not).
If the bulls win, then GameStop continues to provide value to customers –– and potentially enters into emerging markets like NFTs (positive sum).
I think it could be effectively argued that it's far, far, far bigger and important than merely that.
On one hand we have truth, honesty, fairness, transparency, delight, and general good-will - the bulls.
On the other hand, well... the opposite of all those ideas/concepts - the bears.
Do the "good guys" always win? Well, no - not really. Nevertheless, the bulls really, really need to win at this point in time and history. The planet and all the people and other inhabitants on it, more so now than any other time in all of humankind - due to sheer population and power concentration and associated groupthink and associated incestuous ideation & leadership - need a sort of cataclysm and explosion of what the bulls represent.
Well said all around. :/
Can find the original source from here: https://www.youtube.com/watch?v=FID0BLkZXuY&t=34m18s
The interview took place about 4 months ago at George Washington's Mount Vernon complex (?) and is from their official YouTube channel.
Excellent post and education.
Could you break this down a little more ELI5?
Nevertheless, I think you're looking at a facet/dynamic/function/? of the issue and market that isn't often looked at - and brings with it some possible insight.
Yeah, it's pretty confusing - and one would think there would be a push to make it much easier to understand with language that didn't make it so confusing. The cynic may say the language and wording is purposefully misleading/confusing.