MemberMay 27, 2021 at 1:57 am
Okay so I’m no DUD spreader nor shill believer, I’m optimistic, been holding a very respectable amount of shares for quite some time and have done some heavy DD but need a little reassurance please n thank you. So I know we own and create the price, I know the fuckery that’s happened, I know they HAVE to buy, here’s what I thought I understood:
We HODL 100k being the floor and then finally unload. Cita pays us out( they have to) eventually after however many shares and tendies, they go belly up, once they are fully exhausted, insurance kicks in (70Trillion give or take) once insurance is tapped out, the Federal Reserve kicks in and starts printing out the remainder of our tendies to save not only face but basically our entire economy as a country. HOWEVER, I watched a LOU VS WALLSTREET vid the other day and he said once cita is tapped good luck getting our tendies cuz what insurance really pays out? I’ve also seen a vid from Gabe saying basically the same thing regarding bankruptcy and insurance. The question is are we 100% guaranteed to get our tendies owed to us no matter the price we sell at no matter the amount of shares we have or who ( brokerages, cita, insurance, FR, anyone really) goes bankrupt during the process of us all HODL 100k +++? Again no shill or FUD just an ape looking for a more knowledgeable ape to answer some questions. Gave has your position on this changed with more DD and time? Either way I’m gonna HODL for my family, for yours, for a change in our entire way of life and to help end the BS. P.S. Gabe I’ve been watching a long time, seen them all and you sir are my personal favorite, thank you for making this safe place for us just in case shit hits the fan. Much love
🙌 💎 🦍
AnonymousDeleted UserMay 27, 2021 at 2:55 pm
I don’t have an answer for you but I’d love to know who Gabe is so I can follow see what his about… if a simple ape with a knowledgeable answer is given I love to hear what they say. Thnks.
MemberMay 28, 2021 at 4:40 am
ReviewDork on YouTube.
MemberMay 28, 2021 at 12:11 am
Hey fellas, I am just here looking for good / safe / reliable sources of information on AMC. Thanks for providing this forum. I am approaching 6 figures in my account and experiencing gain anxiety … rich people stress? Apes together Strong. 💪🚀🦍
MemberMay 28, 2021 at 2:24 am
Rich people stress is the best kind! Sounds like you’re doing it right. 😉
I feel ya, though. Today seemed surreal and we ain’t even halfway there yet. Trying to get myself mentally prepared but shit man, this is some intense stuff. HODLing for my family first and my Apes a close second, though. Got that image of those fucking hedgies partying it up on that balcony during the crash in ‘08 – keeps me fueled! Let’s do this shit – no sleep til 100k baby.
AnonymousDeleted UserMay 28, 2021 at 1:54 pm
This was my post yesterday (with my 124 shares..) so like.. i imagine your head is spinning even more… (a few times more by the looks of it)
Wait until next week, things gonna get spicy, and I am so glad I’ve got the ape community, but mostly, this little corner here with you guys as theres so much noise now, so it’s good to come in here and just catch my breath.
You’re doing great, just keep trucking.
MemberMay 28, 2021 at 1:23 am
You have a valid question and I think Lou and Gabe both bring up great points and are probably closer to the real answer than what a lot of the other youtubers mention. Here’s another way to think about the ~$70 trillion insurance…. suppose they honestly tried to pay out each person affected their true dollar amount? How many people could they actually pay out until they tap out the reserve? That’s why the whole idea of selling on the way down isn’t such a great tactic, hey, but to each their own.
MemberMay 31, 2021 at 4:34 pm
Ya no doubt Lou , Trey and Gabe are AMC God’s .. they command an army of followers …
MemberJune 5, 2021 at 6:57 am
I’ve been asking the same question. I asked on r/amcstock and on Jeff Forbes discord (yes I’m a member) and nobody would answer me. I’ve done s little digging hoping to find answers and I’ve come up with nothing that even hints at how it’s handled. The best guess I have is it’ll be handled like every other insurance claim, they’ll drag their feet as long as possible hoping people will settle for less. Then after a couple of years, you can get a quarter of what you’re owed and be happy that you finally get paid. I personality don’t trust anything the government gets involved in but I also hate the establishment that we are all slaves to. I want to see the hedgies burn. So, I’ve put together 4 plans. Lou said to know your 3 numbers. I added a 4th. What happens if you say fuck it, let it ride till the end and sell on the way down. Get tangled up in the mother of all insurance debacles (MOAID). We’ll, I’m already poor and working. So I’ll have to work for 2 more years. FUCK IT. What do I have to lose?
MemberJune 5, 2021 at 1:06 pm
I had the same question.
First the immediate bad actor pays out, then the consortium pays out, then the insurance pays out, then the government is put in a very bad spot. If they let the market simply take people’s money without holding true to their contractual obligations, then trust in the market, trust in the dollar and trust in America all crash.
The Dollar, and the ability of America to act are based on trust. Neither has intrinsic value. If the rest of the world, and Americans lose faith in the dollar or faith in the American enforcement of contracts, then America itself will all but cease to exist. The government has to bail out the hedhge funds.
There will be a lot of inflation as a result so invest your tendies. keeping them as dollars is a bad idea.
MemberJune 8, 2021 at 4:04 pm
Fantastic summation right there and I agree across the board! The more I read and dig into the deeper the hole looks and the hedgies are 80% responsible. That other 20 is owned by the Sec for allowing this to happen AGAIN. I’ll tell ya, since I’ve started reading up on and following the “reverse repo” aspect, it’s started costing me some sleep.
Also, very wise bit of not financial advice there at the end.
MemberJune 8, 2021 at 10:29 am
Found the answer… kinda…. once the hedgies are liquidated, how will the DTCC cover? Will they fill all orders at any price or be like insurance and drag it out to pay as little as possible? Below is the link for the DD but it’s a LONG read… in a nut shell, super computers go BRRRR and we get paid any price. They get a little reimbursed from the auction of physical assets from the hedgies…. lot of good stuff in the comments too.
Counter-DD to the Theory that when DTCC MARGIN CALLS AND LIQUIDATES ,THEY WILL LET THEIR COMPUTERS GO HAM AT ANY PRICE UNTIL 100% COMPLETE/COVERED (EVEN IF THEY START USING THEIR MONEY). THESIS TO PROVE/DISPROVE IS WHETHER DTCC/NSCC WILL CHANGE APPROACH WHEN THE LIQUIDATED COLLECTOR IS ALL GONE from Superstonk
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