You fucking entitled, silver spoon sucking, myopic, cross-eyed cock smuggler.
Your idea of economic restoration hinges on the idea of taxing everyone who sits between $35,000 and $55,000 median income per year. That's the middle class. Hold into that figure.
In 2008, your entire generation of Wall Street scumbag colleagues created a device for shorting a hyper-inflated US Housing that was "too big to fail" and happily took premium installments on them while 18% of homeowners were being thrown onto the streets.
Your entire industry has BARRED the middle class from financial education for 60 FUCKING YEARS because we are "Too Stupid to be trusted with our own money"
In the time between 2005 and 2007, while you and your buddies were snorting coke off strippers' tits every weekend with money you took from people who signed mortgages that you knew NOBODY COULD FUCKING AFFORD, you simultaneously buried BILLIONS of dollars of toxic securities
That were concealed by the Standard and Poor and other Ratings agencies that you strong-armed into giving AAA rating on loans with a 15% likelihood of default or greater.
When the bag got too heavy, your kind sold those securities to agencies willing to flip them for insurance
And ya'll knew they weren't worth fucking toilet paper.
You fucking knew.
You PERSONALLY knew this, because you called the crash. But you had the wisdom to warn people that the crash was coming because the lending standards were shit.
And when the inevitable creature crash happened, we watched the banks and investment firms responsible for the fucking mess all began to simultaneously fail...
Including Lehman... the firm that Kickstarted your career.
And then we all watched the US government decide to bail out the bastards that were responsible for crashing THE ENTIRE WORLD ECONOMY WITH AMERICAN TAXPAYER DOLARS, PAID FOR PRIMARILY BY THE MIDDLE CLASS
And now that we are here for the third fucking time, watching the world's economy enter yet another recession of nuclear proportions, why in the fuck are you advocating the Fed to raise rates and fuck the middle class in the ass again!?
Fuck you! This was your industry's fault!
And you know it!
You called it!
You know who is responsible!
You told everyone publicly the system was going to fail because it was illogical and fraudulent!
So why the fuck should the FED cut our paychecks for a third time!?
IT'S YOUR FUCKING TURN!
You and your fucking industry has built itself as the financial leaders and foundation of this planet's economy, and you have repeatedly demonstrated that personal self-ingratiation is more important to you than the well-being of BILLIONS OF PEOPLE!
FUCK YOU!
FUCK YOU
FUCK JEROME POWELL
FUCK THE FED
FUCK THE PRESIDENT
FUCK THIS WHOLE CORRUPTED SYSTEM THAT DECIDED THAT IT'S THE MIDDLE CLASS'S RESPOBSIBILITY TO PAY FOR YOUR FUCK UPS AND YOUR IRRESPONSIBLE FINANCIAL DECISIONS!
IT'S YOUR TURN!
I have absolutely HAD IT with listening to these elitist financial suits ruling my life!
The beauty of the internet is that knowledge and information is EQUALLY AVAILABLE TO EVERYONE, and if I can educate myself on Peter Schiff's life story in under 24 hours, everyone can...
Educate themselves on how the stock market crash and the 2008 subprime crisis was ENTIRELY Wall Street's fault, and that it is going to happen again.
Well, I'M NOT PAYING FOR IT!
It's WALL STREET'S TURN TO PAY THEIR FUCKING DUES!
Spread this shit and make it viral. If this dude's sentiment prevails, then 30% of Americans will be homeless before 2030 and any chance of justice for 2008 will be dead with the rest of the victims of that entire decade of financial fraud.
Stop expecting the government to care or step in on the 99%'s behalf. They don't give a fuck about us, and if this guy, a man who called the 2008 crash TWO YEARS EARLY, can say "make the middle-class pay for it" then you KNOW the Senate is thinking the same fucking thing!
Make sure everyone you know sees this asshole's message, because it's the exact message that Wall Street wants to make a reality.
They turned off the buy button
They crashed the market
They made us pay for their fraud.
Fuck them. Don't let it be forgotten!
I'm sorry for the typos. I typed this in a blind rage in the middle of the night. Expect a video tomorrow on this shit. I'm not going to be polite about this shit anymore.
For the record, this is why I loath @PeterSchiff's answer to the budget problem.
600 people control nearly 50% of the USD in circulation. The middle class shouldn't pay one fucking dime.
For what it's worth, I recognize that @PeterSchiff is not the same as the scum from Goldman Sachs and AIG that popped champagne with our tax money in celebration for escaping the 2008 crash with zero consequences...
But he knows more that anyone who was responsible.
And he also knows that the middle class pays for every screw up made by the 1% every👏fucking👏time👏
Yet they own more money than anyone can spend in 5 generations.
If you have not read "Wealth Shown to Scale" then you don't understand what being in the 1% truly means.
600 people own this world and they own it with apathy and ambivalence to the 99%, how many of us die as a result of their experiments and chess games.
Peter knows this, deep down, but chooses to regurgitate the same response that was used in 2008 because it's best for his class
The class of elite wealth is granted more tax breaks than are reasonable, sensible, or even sane.
Because they make the rules.
And the rules say they keep their money and we lose ours to pay for their fuck ups.
Anyone sitting on millions or billions of dollars in managed assets that says the middle class should pay for all this inflation is a fucking cruel, apathetic psychopath.
#HellsTradingFloor will be hosting a "Hell's Town Hall" special event this Tuesday Feb 15th to discuss our favorite stocks, $AMC $GME and others, with some of the biggest names in the movement including @TradesTrey@matt_kohrs@masked_investor & more!
This event will be hosted on #HellsTradingFloor discord: discord.gg/hellstradingfl… and will be hosted by your truly to discuss the events of January 2021, market corruption, transparency, fairness, and what we, retail and #ApesTogetherStrong are going to do about it.
This event will be publicly hosted on our discord server via our #HellsTownHall stage, where everyone will be free to participate by raising their hand to ask questions of our panel speakers after our open discussion.W
Upon closer inspection of the $AMC Share Lending Volume, there is a MASSIVE changing of hands going on here, but the actual trading volume is extremely low.
Further, the number of new shares on loan and returned shares from the day the Utilization maxed to 100% is ~ the same.
Additionally, several recent anomalies in the Short Exempts activity indicates there was also a notable loss of control on $AMC stock by market makers.
Note the short exempt spike Jan 21-25, and the subsequent volume spike 6 days later (Feb 1). That's interesting.
This is speculation on my part, but what I believe is happening is a settlement of shares in order to deliver on a massive number of FTDs.
Do you all remember DTCC-2021-005 and NSCC-2021-002? Those two rules had a profound effect on our market because it was meant to end FTDs
Been a while since I did a DD thread. Let's talk about $AMC this time.
My thesis: Moon Soon. 🦍🤝💪🚀🌕
This is a long one. Fuckle the Buck up.
So the biggest observation I've made in my Short Exempt Squeeze Signal Theory, to date, has been that massive incoming short exempts (SEs) while the price is rising out of market maker's (MMs) control.
For those in need of a refresher, Short Exempts (SEs) are shorts which are exempt from REGSHO's Uptick Rule while a stock is on the REGSHO Short Sale Restriction (SSR) list.
SEs are also exempt from the locate rule.
SEs are ONLY allowed during "Bona-fide Market Making Activity"
It's been a while since I did one of these. This time, $BBIG is the subject of our conversation.
$BBIG saw moves of 20% with a long-standing pattern of repeating squeezes and massive falling wedges. If the trend continues, we may yet see it again.
This is just the beginning NFA
A lot of people made fun of us for this chart, but @AJ_LogicalChaos pointed out something that we frequently talk about in #HellsTradingFloor, and that's Algorithms tipping their hand by demonstrating repeating patterns.
Between these Fib timelines and the repeat wedges...
... I am convinced that $BBIG is being dragged around by a trading algorithm that is looking to profit on both the upswings and downswings on $BBIG.
Given the volume and OBV spike, I'm taking this as a sign that a move to the upside is imminent around 2/04 or earlier.
Something that came to my attention today was the rapid trading of massive blocks on $PROG.
I want to credit u/AwarenessProud1079 for this research, as he has established an interesting link between the original CEO of #PROG and his new affiliations
The OP of this post references "Andrew R. Midler" in his post, and states he wasn't able to establish a link between himself and any entities... but I was.
And my findings were... interesting to say the least.
What makes this interesting isn't just that Andrew Midler appears specifically in Progenity's filings referenced in the redditor's post, but it's the companies Savitr also has an investment in.
As others have pointed out, the cross actually happened yesterday. Today was confirmation and continuation of the trend.
Note that we gapped up in PM and filled that gap this morning before we re-bounded back up to test $2.70, a level of continuous stubborn resistance.
This doesn't mean that every day will be green going forward. What it means is that the stock is likely to enter into a long, ongoing bull-market with prices rising on a long-term trend.
Algos that trade on technicals look for these patterns to find an entry point.