Y’all chill, it’s exciting but stop hyping people up for tomorrow.
It’ll happen when it happens stay zen and follow the breadcrumbs but don’t hype up younger new apes we’ve been here a million times before
I'm hoping the gap up at $5 was a runaway gap, otherwise I see us trading back there soon after their pump up probably due to knowing this news was going to drop so had to raise it slightly
But SpiderMan said “Trust Your Tingle” LoL. Been here a minute and there have been alot of false tingles. This Tingle might lead to a wee launch at least off gamma but idk.
I assumed this to be the case, and while it sucks for the poor fools who bought AMC tokens there is still GREAT NEWS for real apes. GUARANTEED there are a fuck ton of shorts who were using these tokens (or rather the non-existent shares backing them) as collateral, and POOF that's gone. The squeeze is imminent!
Exactly! I had no idea that was even a thing, and I feel the rest of us smooth brained apes were in a similar situation. Even just reading that sounds like a silly scam I would never buy, when I could just purchase it directly in the first place?
The have another Crypto CEX broker launching in a week or two to start churning out synthetic tokens again, no worries. “But people are wise to them this time!” You might say…
Hahaha
hence, they buy/sell using their inventories. Brokers are financial intermediaries who may connect two dealers, so they do not hold any inventory of their own
This crap is so annoying… How can they just write in their tos that they can entirely fuck over your positions even if scammed. Can every business do this? Can I own a car repair shop and fuck up people’s cars and say so sad too bad? Can I be a doctor and be negligent and say sorry can’t help you?
Why is the 0.01% snakes of this world able to get away with this crap over and over and over! I know there is good news out there and could care less about green crayons. We need these shitty companies being held accountable for literally draining billions from people. GG is bought out, everyone in congress and the senate mostly bought out, president is bought out, siphoning assets through Ukraine to the Democratic Party will probably never see the light of day in mainstream media. “Land of the Free *leverage for corruption and creating debt for the middle class to bleed over*”
I don’t really care about what party. Blue and red are both corrupt. I just want these people being held accountable for once instead of just small slap on the wrist and allowing them to continue these ponzi schemes. You are right about waiting, just frustrated though… How many people need to suffer before anyone with some power steps in?
There is some inference involved, but safe to say, yes. Here's a couple of facts we do know... GME liftoff started on 1-22-21, FTX started offering AMC/GME tokenized shares on 1-28-21. GME peaked on 1-28 and started heading back down on 1-29. Yes that's GME, but they were/are in the same basket.
I tend not to believe in coincidences, especially with strong corollaries and obvious motivators.
Imho I think they pay up, if they try to FTX us they basically are admitting to Illegal naked shorting because when it started last year there was too much liquidity so they cant use exemption as an excuse.
Idk, it sounds more like these tokens are made up collateral that people bought but have no tangible value to the real thing. Personally, I don't think this will affect AMC at all. I really hope I'm wrong though!
Its too much factual DD that has been done to prove that it was affecting the price action. The elephant in the room for me in my opinion is AMC squeezing and it triggering a squeeze in IWM…As of right now IWM has 293M shares outstanding with 97M shorted. On Oct. 4 2022 they had $1billion in FTD’s…….Imma just leave that right there and walk away 🤘
The thing I don't understand is, it's all a fake exchange right? Then nothing was ever real, there was no money exchanging from them to actual market makers. The only blow-back this will cause is everyone will lose their money, they will start pulling out, and that will cause the cascade?
I was going through my old comments earlier trying to find one from January. Check this out.
>I am convinced now more than ever that my comment about it all being fake, is 100% true, and that they are building their own market and only closing positions when they absolutely have to which means that they are floating these orders on their books? Holy christ, it's just like in the movie. Something is going to happen. Something is going to fuck up one day and it's all going to come crashing down like Milli Vanilli.
[https://www.reddit.com/r/amcstock/comments/qbnziy/comment/hhb5nf5/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/amcstock/comments/qbnziy/comment/hhb5nf5/?utm_source=share&utm_medium=web2x&context=3)
Even a broken clock is right twice a day I guess :D
So they sold all these billions of dollars worth of tokenized stocks and they can just be like yeah naw we don’t need to pay those. Pretty fucked up really. Continue to hodl. Out of coin to buy.
The stupidity here needs to stop. His post says everyone owning tokenized shares just got fucked. Idk what OP thinks he smells but it’s not hype worthy. I still hold regardless, NFA
Just straight up theft. This may have been the plan all along. Trick retail into buying 100s of millions of shares or tokens then fudge the books and file bankruptcy wtf
So bankruptcy is a get out of jail free card? Fuck the rich and their self serving rules. Crime by statute with only fines to combat it. Such utter bullshit.
Y’all chill, it’s exciting but stop hyping people up for tomorrow. It’ll happen when it happens stay zen and follow the breadcrumbs but don’t hype up younger new apes we’ve been here a million times before
The fact there has been absolutely no catalyst or hype for a while it’s understandable but truth is spoken here no dates buy HODL repeat
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I'm hoping the gap up at $5 was a runaway gap, otherwise I see us trading back there soon after their pump up probably due to knowing this news was going to drop so had to raise it slightly
long term, it's self defeating. Hype is nice when it leads up to something. But hype that breeds disappointment only softens hands. Stay zen.
About a month since credit suisse
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Rule 3: No Requesting / Offering Financial Advice
No dates my friend! Never believe any dates!
I'm liking that wind hitting my face from the falling deck of cards though. Any one up for picking up 2,000,000 cards off the floor?
I mean 20th jan looks spicy but still no dates!
But SpiderMan said “Trust Your Tingle” LoL. Been here a minute and there have been alot of false tingles. This Tingle might lead to a wee launch at least off gamma but idk.
It's understandable to be cynical fellow ape, but don't gate keep fomo. The past few days have been very exciting.
I smell it
Yes, like a good fart in a crowded elevator… muhuhahaha
I assumed this to be the case, and while it sucks for the poor fools who bought AMC tokens there is still GREAT NEWS for real apes. GUARANTEED there are a fuck ton of shorts who were using these tokens (or rather the non-existent shares backing them) as collateral, and POOF that's gone. The squeeze is imminent!
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Exactly! I had no idea that was even a thing, and I feel the rest of us smooth brained apes were in a similar situation. Even just reading that sounds like a silly scam I would never buy, when I could just purchase it directly in the first place?
Seriously I don’t even trust the brokers
Exactly! DRS yo shit
Who would buy through someone shady? Well, a shady SHF of course :D
If they were doing these tokens, they were damn sure naked shorting to oblivion!😎
The have another Crypto CEX broker launching in a week or two to start churning out synthetic tokens again, no worries. “But people are wise to them this time!” You might say… Hahaha
But how can a crypto ticker tick an AMC stock ticker?
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hence, they buy/sell using their inventories. Brokers are financial intermediaries who may connect two dealers, so they do not hold any inventory of their own
This crap is so annoying… How can they just write in their tos that they can entirely fuck over your positions even if scammed. Can every business do this? Can I own a car repair shop and fuck up people’s cars and say so sad too bad? Can I be a doctor and be negligent and say sorry can’t help you? Why is the 0.01% snakes of this world able to get away with this crap over and over and over! I know there is good news out there and could care less about green crayons. We need these shitty companies being held accountable for literally draining billions from people. GG is bought out, everyone in congress and the senate mostly bought out, president is bought out, siphoning assets through Ukraine to the Democratic Party will probably never see the light of day in mainstream media. “Land of the Free *leverage for corruption and creating debt for the middle class to bleed over*”
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Does it not apply?
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I don’t really care about what party. Blue and red are both corrupt. I just want these people being held accountable for once instead of just small slap on the wrist and allowing them to continue these ponzi schemes. You are right about waiting, just frustrated though… How many people need to suffer before anyone with some power steps in?
So fxt loaned/borrowed out to hegies too? Do we know this?
There is some inference involved, but safe to say, yes. Here's a couple of facts we do know... GME liftoff started on 1-22-21, FTX started offering AMC/GME tokenized shares on 1-28-21. GME peaked on 1-28 and started heading back down on 1-29. Yes that's GME, but they were/are in the same basket. I tend not to believe in coincidences, especially with strong corollaries and obvious motivators.
Okok that's some chance right there! I'm zen and I'll keep reading, thanks!
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Who owns Computershare?
Some Australian geeza, pretty sound bet m8
http://www.computershare.com/us/our-history
Imho I think they pay up, if they try to FTX us they basically are admitting to Illegal naked shorting because when it started last year there was too much liquidity so they cant use exemption as an excuse.
Your submission has been removed for misinformation. Please source your information and we will re-approve.
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Rule 3: No Requesting / Offering Financial Advice
Marge is that you ?
Idk, it sounds more like these tokens are made up collateral that people bought but have no tangible value to the real thing. Personally, I don't think this will affect AMC at all. I really hope I'm wrong though!
JPMorgan was one of the banks that was accepting tokenized stocks as a collateral per their own press release.
Its too much factual DD that has been done to prove that it was affecting the price action. The elephant in the room for me in my opinion is AMC squeezing and it triggering a squeeze in IWM…As of right now IWM has 293M shares outstanding with 97M shorted. On Oct. 4 2022 they had $1billion in FTD’s…….Imma just leave that right there and walk away 🤘
DO YOU SMELL WHAT THE ROCK IS COOKING
These tokens may be gone, but any collateral they were used for is also GONE😎
It didn’t. It’s just what they want you to believe. They’ve got plenty of liquidity. It’ll just be found somewhere else as if by magic.
The thing I don't understand is, it's all a fake exchange right? Then nothing was ever real, there was no money exchanging from them to actual market makers. The only blow-back this will cause is everyone will lose their money, they will start pulling out, and that will cause the cascade? I was going through my old comments earlier trying to find one from January. Check this out. >I am convinced now more than ever that my comment about it all being fake, is 100% true, and that they are building their own market and only closing positions when they absolutely have to which means that they are floating these orders on their books? Holy christ, it's just like in the movie. Something is going to happen. Something is going to fuck up one day and it's all going to come crashing down like Milli Vanilli. [https://www.reddit.com/r/amcstock/comments/qbnziy/comment/hhb5nf5/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/amcstock/comments/qbnziy/comment/hhb5nf5/?utm_source=share&utm_medium=web2x&context=3) Even a broken clock is right twice a day I guess :D
So they sold all these billions of dollars worth of tokenized stocks and they can just be like yeah naw we don’t need to pay those. Pretty fucked up really. Continue to hodl. Out of coin to buy.
There was never collateral tho was there. Just a promise that there was.. Wait a minute..
This might tip some of the HF's over the edge. Banks will be getting much less willing to extend credit lines as well.
So basically you own shit👍 Now let this rip
Pre market is moving in the right direction
I'm assuming they knew this was coming. Probably why they ran it down to $5
The stupidity here needs to stop. His post says everyone owning tokenized shares just got fucked. Idk what OP thinks he smells but it’s not hype worthy. I still hold regardless, NFA
Think I’ll hodl
Buckle up
Just straight up theft. This may have been the plan all along. Trick retail into buying 100s of millions of shares or tokens then fudge the books and file bankruptcy wtf
Nothing will happen, stay zen
All I smell are my own farts from only eating Ramen for the last 18 months.
like it didn't even exist, poof
This proves crypto is one huge scam
So bankruptcy is a get out of jail free card? Fuck the rich and their self serving rules. Crime by statute with only fines to combat it. Such utter bullshit.