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The point is after watching the video, “Dark Side of the Looking Glass” on YouTube I had an apostrophe! “I think you mean an epiphany Schmee…” The current narrative surrounding the $GME saga is the Short Interest on $GME in comparison to the float and how an infinity squeeze is more than probable…but not exactly for the reasons you think. Now, I know you’re sitting there thinking, “u/Blast_Wreckem, get to the fucking point!?!” Like a call/put option, your purchase of a share in a company comes with a right to the valuation of that share should you choose to sell.*** ***As I said before, this SHOULD NOT AFFECT the hard-earned (or soft-earned…I don’t begin to presume…) capital that you threw at $GME as you ascended from monkey to ape or your right to cash out as you choose to do. Where this goes south, and south fast, is knowing whether or not the share(s) you bought even exist(s) or existed to begin with and whether or not you broker was even able to find them and allocate them on your behalf…like they’re legally obligated to do!
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You can Google search the life-cycle of a trade/stock if you need the full rundown on how this shit-storm blows, just know that on paper, you own a share of a company multiplied by how many shares you have in your position. No one on the retail side knows whether or not they actually own a share of $GME, a synthetic share, an FTD/IOU, or who the actual holder of record IS for that matter.Īnd before you start lighting your torches and grabbing your NERF guns, when it comes to retail, it doesn’t make a difference what kind of security you invested in, you bought a ticket to Tendie-town and someone out there owes you some goddamned chicken! Let me start off with a simple question: Is that air your breathing?
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Let me start by saying this is my first crack at DD and any and all feedback is welcome.įOREWORD: the following information is meant for mature all audiences and is written with the intent to propagate my own personal observations and should in no way, be used as advice, direction or suggestions regarding the purchase, sell or trade of ANY security, commodity, option, etc. “I bet you feel a bit like Alice…tumbling down the rabbit-hole…”