ToxicKek
kiwifarms.net
- Joined
- Mar 10, 2022
I mean that's why people are investing in MeMe StOnKs like GME and BBBYQ right? If anything, something like GME might be a great hedge against the upcoming great depression because of the conditions that surround it.
Keep in mind the term "meme stocks" is just a misnomer created by them to obfuscate the real term from the masses: overly naked shorted stocks.
Just like how they called censorship "fact checking", being healthy "asymptomatic", mental illness/nurtured schizophrenia "transgender diversity" and when a person gets sick because they took a vaccine that doesn't work, it's a "breakthrough infection". Like I said in the first post: Up is down, down is up, war is peace, diversity is strength. It's a war of words.
The term "meme stock" was coined to make it as though these stupid dumb money apes (in all fairness, how people have played along with the "ape" term is really stupidity on their part) were just in it for the lulz like 4chan the hacker.
Reality is buying into things like GME and BBBYQ has its logic behind it, because these stocks aren't just shorted, they're naked shorted; meaning hedge funds and financial institutions conjured fake shares out their ass to continue shorting the company to the ground, multiple times over. They double, tripled, quadrupled down because they've always been winning and got way too cocky that these cellar-boxed brick-and-mortar retailers were sure to go bankrupt, no different from how Budlight and Target doubled and tripled down on troonism before they found out.
History has shown, with incidents like the VW squeeze of 2008, that shorts must close. They've just been kicking the can down the road to buy more time (much like other stupid shit that the greedy psychopathic corporate/globalist types have done with the vaccine and its dangers, and Ukraine, because the longer it drags out, the more money they make) but the whole thing has been going on nearly 3 years now and bulging so much around the seams, it's a matter of time when shit just blows up and splatters everywhere spectacularly.
When the economy crashes (we've already postponed a recession that should have happened in 2020, and even worse pumped everything to higher than high all time highs, and unstoppably enroute to a global depression), that huge drop in the collateral and all the other dogshit wrapped in catshit (things like ETFs have been used as a side avenue to short said "meme stocks" too) is going to cause those psychopathic fucktards to get margin called and finally force them to cover/close their positions, inevitably sending shit like GME right up to the fucking moon.
It's not whether you think video game stores run by neckbeards and troons is a stupid business idea, that video games on the blockchain and in-game items as NFTs will never take off, etc. The stock is naked shorted, the company (GME) has a couple of billion cash on hand and was profitable in the recent quarter so even if you were bearish about the business model, that's already been decoupled from the fact THE STOCK IS NAKED SHORTED and given the above, it's going to take a VERY VERY long time before GME will teeter on the edge of bankruptcy again.
As for BBBYQ, in case I wasn't clear enough above, it feels like a decent short term side-play because, while its setup makes way less sense than GME and people are still unsure if it will come out of Chapter 11 bankruptcy, there are way too many coincidences surrounding the company and Ryan Cohen (GME's chairman), Carl Icahn (an activist investor who fucking hates shorts especially after what they did to his company IEP recently) and, a stretch but, even possibly Elon Musk (those institutions shorted Tesla for many years before it did a 'slow squeeze' to where it has been since 2021, so he's not a fan of shorts either).
Relative to GME, I haven't invested a lot into BBBYQ. Most people have similar setups and beliefs, so even if BBBYQ eventually dies, they won't be fucked too much. But compared to shit like buying a jackpot ticket, BBBYQ seems like a better bet because you have much better odds to 100X the money you put in than to win and turn a profit if you put the same amount into the lottery/casino.
