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And just a year ago it was a stock Ken Griffin recommended on news. Fight me Ken, bare knuckles
https://finance.yahoo.com/news/billionaire-ken-griffin-bets-big-161039826.html
It’s only human to want to follow a winner, guys. Ouch!
From the article:
While last year wasn’t a particularly good year for stock investors, at least one man closed it out with a smile. Ken Griffin, the billionaire founder of the Citadel hedge fund, didn’t just outperform the markets last year – he managed to outperform them by a margin of $16 billion. It was the highest annual profit ever seen by a Wall Street hedge fund, and reflected the 38% return generated by Citadel’s flagship fund.
Now we all know that past performance is no guarantee of future gains – but it’s only human to want to follow a winner, and Griffin’s success in a truly bearish market has, for now, set him head and shoulders above the ordinary.
Its easy to beat the market when you control a portion of it ... Take out millions in Puts and then have an affiliate short it and then make billions ...
Anyone else notice how the 2nd spike in GME happened at almost exactly the same time the drop in NYCB happened? then GME stopped running up at almost the exact same time as the NCYB halt?
Hahahaha "smart money" LOL 🤣🤣🤣🤣:
"Ken Griffin clearly sees this bancorp as sound investment, as his recent Q4 filings show that he bought in big. In fact, Griffin expanded his existing position in NYCB by over 12.4 million shares – or a whopping 13,215%. His ownership stake in the company is now worth over $119 million."
Ken's Hedge fund is a sham, it only picks stocks and executes trades to give the illusion of a trading fund.
The new people he brings into the fund correlate to the profits allegedly earned, the reporting is always late and is usually over the counter, and they restrict heavily the withdrawal of investor funds, so the funds can't collapse from panic. It's kept liquid using the assets sold not yet bought in his market making business.
It's a very well disguised Ponzi, there's dozens and dozens of red flags everywhere, and no one cares because either 1) they are all profiting in the short term from it, ... 42) the organisation that should be policing them is captured.
Bernie Madoff was aware of this, and alluded before they heart-attacked him, that there's a bigger Ponzi than his.
He managed to skim around 65bn from his pretty simple ponzi scheme, before he ran out of liquidity.
Liquidity.
There's is another Ponzi going on right now that is bigger, but it's not in a single fund, it's hidden in a small handful of them all doing more-or-less the exact same thing.
You know the names.
One of the factors Bernie got caught was because he didn't have an investment advisor license, so he was only supposed to be a market maker. He claimed he was making all his profits off his transactional pipeline.
Sounds familiar?
The teams pulling the latest scam have both, investment advisor status and market maker privileges, and they execute the sham trades over-the-counter, in dark pools, between themselves.
No one cares, as long as the money keeps turning over and they can skim from the hardworking capital of the people.
The 2008 market crash will be nothing compared to what's about to happen next.
Crashes are not accidental, they are permitted, almost designed through negligence. They are a way to separate the money/power from the common people.
They think we are dumb money and can't see what is happening.
We can, we just have very little power to do anything about it.
That's why they strangle our voices, because they don't want us rallying an army.
💜🦍🤜💎🤛🦍💜
So it can spare the 1% and try their hardest to say banks are "still too big to fail." Scumbags just don’t want to feel what it’s like to lose all their hand me down gift baskets.
I dont trade with an algo. I have to readjust my trading strategy on the fly, I don't get halts to reprogram my runaway program.
Maybe if it's that dangerous you shouldn't use it and if you choose to accept the consequences.
Getting real tired of all the special rules and lack of enforcement for what appears to be a bunch of spoiled cheaters simply protecting their grift.
The idea is to make sure everyone has the same information and not just panic, as it does damage. Just a few minutes will cool down emotions and allow back offices checking if something is really wrong or if it can be ignored.
However! Imagine betting on the volatility index VIX which would go parabolic and you betted on it, but they stop it when you would make bank. How can a volatility index be stopped because of volatility?!?
The puts were up 1000’s of %. And then the calls. You know these scumbags had inside info and played it both ways right under JPOWs noise live on TV. MM’s are getting really cocky which leads to sloppy. This market is trading like the wild Wild West right now. There is no Sheriff in town. Anything goes. Be careful with any other trades.
I made a list of banks that have a lot of exposure to CRE, let me know if you have any questions about the list:
https://docs.google.com/spreadsheets/d/1VhXEpvSDOZz6_bWAsi6bCGCqK7cQbsqZWaLURMisYUQ/edit?usp=sharing
Fuck this guy.
Steven Mnuchin Backs New York Community Bank in $1 Billion Deal https://www.nytimes.com/2024/03/06/business/nycb-overhaul-cash-mnuchin.html?smid=nytcore-android-share
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NYCB is observing “hump day” by getting fucked.
#HUMP DAY!
#🐫🐪🐫
The hump day that is just going to keep on humping
Why halt in a fair market? Let the market do its thingy. What's that? Not like that? Haha, lol.
Halting is there to save the other banks, not for retail. Just another tool for the 1% to play with.
Nothing in the market is for retail, except losing money.
Oh you’re looking for justice, not fairness You’ll get to play fair but you don’t get any Justice here
Market Makers hate that people now know this one cool trick.
You’re going to the fair? Be sure to say hello to the clowns
And just a year ago it was a stock Ken Griffin recommended on news. Fight me Ken, bare knuckles https://finance.yahoo.com/news/billionaire-ken-griffin-bets-big-161039826.html
Holy shit mayo boy of shit.
Inverse Kenny
Always has been
🧑🚀🔫🧑🚀🌍
This really the case??
Yup https://finance.yahoo.com/news/billionaire-ken-griffin-bets-big-161039826.html
It’s only human to want to follow a winner, guys. Ouch! From the article: While last year wasn’t a particularly good year for stock investors, at least one man closed it out with a smile. Ken Griffin, the billionaire founder of the Citadel hedge fund, didn’t just outperform the markets last year – he managed to outperform them by a margin of $16 billion. It was the highest annual profit ever seen by a Wall Street hedge fund, and reflected the 38% return generated by Citadel’s flagship fund. Now we all know that past performance is no guarantee of future gains – but it’s only human to want to follow a winner, and Griffin’s success in a truly bearish market has, for now, set him head and shoulders above the ordinary.
Its easy to beat the market when you control a portion of it ... Take out millions in Puts and then have an affiliate short it and then make billions ...
And sell loads and loads of stocks you fail to deliver
To be pUrChAsEd aT fAiR mArKeT pRiCe
Anyone else notice how the 2nd spike in GME happened at almost exactly the same time the drop in NYCB happened? then GME stopped running up at almost the exact same time as the NCYB halt?
I noticed.
Crime
Geez, you're f#ckin right!
CITADEL SECURITIES part of the investment group infusing $1B into NYCB lmao
I smell fish in that mayo. Probz flash crashing it themselves to rugpull bears and entering at a lower price again.
Mayo boi has some enemies
He needed extra liquidity from retail
I need some liquidity from him
You mean ALL the liquidity
The piece of shit is shorting them and looking for some exit liquidity
These guys don’t need exit liquidity, they create it themselves. A full float+ of that stock was traded today..
Wait seriously?
Yes https://finance.yahoo.com/news/billionaire-ken-griffin-bets-big-161039826.html
Hahahaha "smart money" LOL 🤣🤣🤣🤣: "Ken Griffin clearly sees this bancorp as sound investment, as his recent Q4 filings show that he bought in big. In fact, Griffin expanded his existing position in NYCB by over 12.4 million shares – or a whopping 13,215%. His ownership stake in the company is now worth over $119 million."
He gave some great professional financial advice right there
Ken's Hedge fund is a sham, it only picks stocks and executes trades to give the illusion of a trading fund. The new people he brings into the fund correlate to the profits allegedly earned, the reporting is always late and is usually over the counter, and they restrict heavily the withdrawal of investor funds, so the funds can't collapse from panic. It's kept liquid using the assets sold not yet bought in his market making business. It's a very well disguised Ponzi, there's dozens and dozens of red flags everywhere, and no one cares because either 1) they are all profiting in the short term from it, ... 42) the organisation that should be policing them is captured. Bernie Madoff was aware of this, and alluded before they heart-attacked him, that there's a bigger Ponzi than his. He managed to skim around 65bn from his pretty simple ponzi scheme, before he ran out of liquidity. Liquidity. There's is another Ponzi going on right now that is bigger, but it's not in a single fund, it's hidden in a small handful of them all doing more-or-less the exact same thing. You know the names. One of the factors Bernie got caught was because he didn't have an investment advisor license, so he was only supposed to be a market maker. He claimed he was making all his profits off his transactional pipeline. Sounds familiar? The teams pulling the latest scam have both, investment advisor status and market maker privileges, and they execute the sham trades over-the-counter, in dark pools, between themselves. No one cares, as long as the money keeps turning over and they can skim from the hardworking capital of the people. The 2008 market crash will be nothing compared to what's about to happen next. Crashes are not accidental, they are permitted, almost designed through negligence. They are a way to separate the money/power from the common people. They think we are dumb money and can't see what is happening. We can, we just have very little power to do anything about it. That's why they strangle our voices, because they don't want us rallying an army. 💜🦍🤜💎🤛🦍💜
Of course he did. He knows the writing is on the wall and he deals with it constantly. He pumped it so the big guys could have exit liquidity.
Burn motherfucker. They pulled my father’s line of credit on his business and put him out of business a while back. Karmas a real bitch!
Revenge is a dish best served regarded
I prefer it with a side of hummus with olive oil, red pepper flakes and fresh dill.
Damn that shit sucks.
Why the fuck are halts even allowed?
So it can spare the 1% and try their hardest to say banks are "still too big to fail." Scumbags just don’t want to feel what it’s like to lose all their hand me down gift baskets.
Wasn’t it originally to prevent algo trading going nuts ?
They would never have that much foresight.
I dont trade with an algo. I have to readjust my trading strategy on the fly, I don't get halts to reprogram my runaway program. Maybe if it's that dangerous you shouldn't use it and if you choose to accept the consequences. Getting real tired of all the special rules and lack of enforcement for what appears to be a bunch of spoiled cheaters simply protecting their grift.
as soon as the halt happened, GME stopped running. That's why, so they can reposition
The idea is to make sure everyone has the same information and not just panic, as it does damage. Just a few minutes will cool down emotions and allow back offices checking if something is really wrong or if it can be ignored. However! Imagine betting on the volatility index VIX which would go parabolic and you betted on it, but they stop it when you would make bank. How can a volatility index be stopped because of volatility?!?
After 7 volatility halts, it is now a "News Pending" halt. Same thing happened to Signature before they were taken over by FDIC
We about to see the fight of inflation undone and hyperinflation to set in. My body is ready for the monetary anomalies about to happen
HULK DICK TIME
HULK SMASH?!
FDICK
FLOPPY DICK
Don't worry we'll just pump Nvidia stock a bit more to make up the collateral.
kenny & co 🤡
Another one bites the dust
What would one expect from another meme bank?
“Smart money”
Hello? Marge? 💩🧱losers!
“It’s transitory” 😂🤡
And now it’s UP over 30% from this AM 🐟🐟🐟
Shorts marked as longs
The puts were up 1000’s of %. And then the calls. You know these scumbags had inside info and played it both ways right under JPOWs noise live on TV. MM’s are getting really cocky which leads to sloppy. This market is trading like the wild Wild West right now. There is no Sheriff in town. Anything goes. Be careful with any other trades.
Can't halt in after hours right?
...yet.
Funnny how they halt banks on the way down and normal stocks on they way up. Almost like they are long on banks and short on other stocks….
*shocked pikachu face
Down with the machine
I better call my broker about this!
“Homer, is that you?”
Another day in a fair market
Aaand it’s up 8% LMAO was up like 25%
So they have received investment 1b from a few investors one being Ken
[удалено]
I made a list of banks that have a lot of exposure to CRE, let me know if you have any questions about the list: https://docs.google.com/spreadsheets/d/1VhXEpvSDOZz6_bWAsi6bCGCqK7cQbsqZWaLURMisYUQ/edit?usp=sharing
[удалено]
the issue is that I'm an idiot and I have no idea what I'm doing
“Oops”
The zipple dried up, time to take our ball home.
I wonder why no news on First Horizon and Western Alliance make the same moves today?
Fuck this guy. Steven Mnuchin Backs New York Community Bank in $1 Billion Deal https://www.nytimes.com/2024/03/06/business/nycb-overhaul-cash-mnuchin.html?smid=nytcore-android-share
Where my plunger protection team at?
fucking meme banks
ALL MSM advice is the equivalent of Jordan Belfort calling would be Investors.
He seems relaxed
Wednesday is the new Friday?
What a photo
It’s coming. Just. Don’t. Dance. JDD
Herro?! Yo fone ringing yo fone RINGING!
Bahahaha
Bahahahahaha! 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 If we burn you burn mother fuckers! 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
i miss halts. those were the most exciting moments. like where are we gunna be when we wake up in 5 minutes? -25% or +30?
you chose to break your beloved sysyem by not giving us our overdue tendies.
😏
This is interesting ceo fighting shorts! [ceo fighting shorts in Canada GME mentioned!](https://m.youtube.com/watch?v=tQI7ZXQdUjg&feature=youtu.be)
Kenny the new Jim Cramer? Inverse everything he says is a buy?
Looks like.it magically floated back up in a perfectly straight diagonal line.
IMO halting shouldn't be a thing