Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

AMC World

r/AMCSTOCK mod goes full “Hester Pierce” - slams DRS discussion; promotes YT’s grift attempt and misinformation, pins to the top; allows belligerent Reddit account to try and shame people into silence. 💯

**these (taking their phraseology) broker/dealer lovers need to be always called out, this isn’t their movement, this is our movement - stay angry.** 🙂

Lol..and all this started with **Biggums** coming out with an **anti-DRS** tweet on a Friday or Thursday. It’s always starts with something really small.. lol. 

**TL;DR: it’s compromised, duh. Be aware, within the DRS narrative you find true people, outside of it you will be swimming with the (synthetic apes) sharks.**

As we all know, Heater Pierce holds a seat at SEC, and was filmed during an interview holding a cup that said “I ❤️ Citadel.”

Our counter-party enjoys placing people into certain positions in attempt to control the narrative and obstruct any meaningful progress that would benefit retail traders in an attempt to control meaningful reform and discussion.

Sound familiar? 

Use your eyes and your common sense, and we’ll just call it out and say it together: 


**the subreddit is compromised - obviously, duh……………. **🙂

I know I’m not breaking any new ground, about 93% of us know that already, so I’m really speaking to the other 7% that might have not caught on to what is going on. 

I think we’ve all known, or at least suspected, but the actions in the past 48 hours has really brought a definitive spot light to the issue. 

DRS is not considered financial advice by the SEC. 

Clearly we were allowed to discuss going from RH to WeBull, WeBull to Fidelity openly, however this time they are preventing any open discussion of DRS, the only discourse permitted is one where it is bashed and anyone who publicly expresses a different opinion is weirdly mocked and shamed into being quite (which never works). 

This type of blatant hypocrisy only exists because it wouldn’t serve the purpose of someone or anyone that would not benefit from such a move, there is clear attempt to prevent people from **gaining custody of their shares.**

Why..? 

1. The info can be publicize in a company’s 10Q, which is what Adam will start doing next earnings report, **a.k.a. a public share count.**

2. It will take the float certificates from the DTCC, and put the shares in a book-entry form in your name. Giving accurate data to any large agency trying to uncover the extent in which crime is being committed in the market.  

3. Prevents abusive shorting, and gives the price a floor. 

4. They also know that once you DRS you are **outside of their influence.**They can’t get you into a scam or grift with your shares. 

5. The stock has deeper value when it finally rises. 

You already knew all this, use your head, and let Adam Aron and Ryan Cohen give you agency in your decision making. 

Either you trust them, or some rando that really wants your money or shares and just farms you for credibility and visibility. 

She is clearly not here for the movement and anyone who is here for self-serving purpose while pretending to be our side should be called out every time. 

Thanks

Bye Bye Blockfi

Pictured above was what I saw in BlockFi account a few days ago. They crypto loaning finance company has been destroyed by the SBF - FTX contagion. I knew something was a bit weird with this company months ago.
I had about $800 cash in fiat and over $1200 in USDC on theat service earning some really good interest. I now have less than $5 sitting here doing nothing. I could care less what happens to the remaining pennies in that account.
And yes, I havr removed the application from my paid off LG V60 phone.
I now only buy USDC for the exchanges for my long term savings in the $HIVE blockchain. Where the WEB3 environment pays in $HIVE tokens for doing all kinds of gaming and social media actions.

Current Market Forces and Forecast For Small Investors.

Fidelity Investments is the brokerage that I use now. I came across using Fidelity's brokerage services because of all the Wall Street shenanigans I endures from places like Robin hood and WeBull in 2021. I learned a good lesson from these two latter brokerage services. I will get into this lesson learned in a different post. 



This week's investment info is centered around the current state of recession and inflation that we find ourselves enduring.
When it comes to inflation, the past couple of decades have been unusually tame relative to the rest of modern history. In fact, from 2000 through 2020, inflation averaged about 2.1% a year, as measured by the US Consumer Price Index (CPI). Interest rates repeatedly hit record-setting lows over that time as well. Those were likely some great times for investors—and for borrowers—but it was an aberration historically speaking. That may help explain why today's 8.2% inflation rate feels so painful.
Even with the willful disparities of the Biden administration. We small investors need to keep on the lookout for equities that.may be on sale in this down market.

Is SHIBA INU Back In Good Graces

I was an early SHIBA INU token holder after it was launched as the DOGE coin killer. At the time of its release I "dollar cost averaged" small bites of SHIB. It was easy to buy and hold during the year of the pandemic.
As the markets have begun taking, I ton a different stance with regard to cryptocurrency investment. With the stock market tanking and easy money drying up, I also had to liquidate ALL of my tokens. The only holding I've held exclusively over the past 5 years has been HIVE.
The Shiba Inu token is hosted on the Ethereum (ETH) blockchain. The cost of transactions on applications hosted on the Ethereum Blockchain generally go up when the gas or transaction fees rise, which happens when too many transactions occur at a given time that clogs the network.
We may be witnessing a small bear market bump so I've been adding back sone SHIB tokens.
It's become an easier buy for me since many of my exchanges and wallets take my debit card for the purchases of cryptocurrency with my fiat dollars.