The crypto bull run has been a free ride, 2021 experienced the greatest bubble so far, how long will this last? This current trend seems difficult to understand, and different from other times, a bunch of people live in disbelief of this new phase. A lot of manipulations seem to be happening in the markets, the stock price is influenced, the crypto prices look like a rising bubble. The pump and dumps cause investors to think the stock market is being rigged. Technically, the stock market should function according to supply and demand, but there are some disadvantages for retail investors. Some bad hedge funds are manipulating the stock market by creating shares from thin air using naked shorts, attempting to bankrupt good companies. There is a need for an awakening in the US markets, when the fundamentals adjust to the new reality, we will see a financial meltdown similar or worse to the financial crisis of 2008. Many experts have warned us that this is happening but most people are too addicted to easy gains to notice. A better approach by individual investors would be to put their money in a safe place. Our team came out with the best research result from crypto and the stock market. GameStop (GME) is number one on our list because there is a tremendous short squeeze happening now. Investors could benefit from gains similar to the way Tesla squeezed but on a much larger scale. If you want to gain more information about GME, visit:https://www.jaredschlar.com/2021/04/crypto-death-spiral-incoming.html?m=1
Hedge funds have a history of trying to use cheat codes to steal money from either companies or retail investors and fatten their wallets. One of the more popular tactics they use is shorting stocks, for some short them so much that it can bankrupt the business. Less often do we see people fighting against these shorts causing a squeeze on the stock, causing the price to skyrocket. These squeezes can be so damaging to the market, that they may even cause the market to crash. It’s also important to review these past squeezes and compare them to the situation that has been going on with GME since January.
The Volkswagen squeeze is one of the more famous squeezes to happen as it caused some hedge funds to take massive losses, as well as the squeeze occurring in the middle of the 2008 global financial crisis. So what happened? Volkswagen was in the process of being acquired by Porsche, which caused its ordinary shares to rise in price while its preference shares to stay the same. Hedge funds wanted to take this opportunity and short their shares because they thought it was over-valued. What they didn’t realize is that Porsche had taken a majority of the float(existing shares that are available to trade) leaving only 6% in free float, whereas short sales had risen to 12% of the total outstanding stock. This caused a squeeze shooting the price from ~€200 to nearly €1,000. This squeeze ended up costing hedge funds upwards of $30 billion.
DGAZF is another stock that was recently squeezed to the moon. It had a jump from $125 to upwards of $25,000. There are multiple sources that have differing opinions on how this happened. The Street had agood analysis here. Their theory stems from the fact that Credit Suisse deciding to delist DGAZF and letting it drift in the over-the-counter market instead of just closing it out. Furthermore, no new shares are being issued, this essentially turns it into a rare commodity. This has made some collectors want in and since there is a limited supply in the world their willing to pay top dollar for shares.
The diagnosis of mental illness has always been a weapon, not so when diagnosing a real disease. Social conflict has nothing to do with developing a real disease. You don’t develop diabetes because someone doesn’t like the way you #Think, act, or behave.
– Unknown pic.twitter.com/5ZMtQmZvoH
According to the EDITOR’S NOTE: This story has been updated, as state officials say an additional 200,000 accounts have been flagged for potential fraud, bringing the total to 540,000.
Unfortunately; the way Michigan’s system is designed, many eligible beneficiaries still can’t access their account, and have no way to schedule by phone or online. They are forced to wait by the phone all day for a State Worker to call at a random time. Michigan behaves this way with most of their programs. I’ve offered to create a more efficient system many times, but they like it this way. They like looking like the asses of the country, celebrating negativity and chaos is the Michigan way.
All the unemployment are on hold because of Michigan.
Lost my job. Made literally dozens of phone calls. Sent several emails. Got a job. 11 years of hard work paying off this week. What’s not paying off? Living in Michigan. Michigan’s unemployment and government is a fucking joke.
I qualify and they have CONFIRMED I qualify. I am able to get money weekly from unemployment, confirmed by them. But little random nonsense shit keeps going wrong messing up my final certification thing. And then I have to call and wait two hours on hold.
So. Many. Times.