What do you think?? Almost seems too crazy, but we are also talking about America and the financial system in a collapsing empire… soo.
Edit: adding description in case you are just clicking through: the post is about a conspiracy theory concerning potential large-scale fraud (fraudulently created fake shares) at the highest levels of the financial system involved in the GME short situation, and presents evidence from an official filing that clearly shows the number of "fails-to-deliver"s for gamestop shares are an extreme outlier compared to other stocks
Starting to think the entire finance industry is just bitcoin sudoku busywork that waste the talents and lives of millions in an elaborate pantomime that only exists to give the same old money a thin sheen of validation.
Anyway the specific theory in that thread would be very funny, so I expect that it’s both true and nothing will come of it.
I read it but I don’t know enough of what I’m reading to believe it
can you explain this please? What does it all mean (failure to report etc)?
If someone were “selling counterfeit stocks”, then wouldn’t there be more stock out there than actually “should” exist? In which case wouldn’t we expect to see OVER reporting of stock ownership rather than under? Unless the perpetrators responsible for selling stock that doesn’t exist also HOLD some of the stock, but decide to under-report their own holdings to try to hide that there is more than 100% existing, and “slightly” overshoot as a safety margin? But if that were the case and they hold enough stock to do this, why wouldn’t they just sell the real stock they actually own, instead of selling fake and pretending they don’t own some?
. If the average number of shares owned by each subscriber is even close to 5-10
Lol
Lol that napkin math to get to 10 shares per subscriber is hilariously bad
Fails to deliver stuff is nuts though
