You are reading a single comment by @ChainBreaker and its replies.
Click here to read the full conversation.
-
Apologies if already covered somewhere up thread,
http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html
Apologies if already covered somewhere up thread,
http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html
Caveat emptor: don’t believe everything you read on the internet, especially reddit and especially right now.
Not wanting to turn the convo back to GME, but with so much chatter online, does someone have any previous insight into these thoughts?
Summary: retail investors might own such a large % of GME shares (up to 100%) that it proves Wall Street investors have been counterfeiting shares, and using them not only to sell but to manipulate the market; this might be a dangerously widespread practice that’s flown under the radar.
https://www.reddit.com/r/wallstreetbets/comments/l97ykd/the_real_reason_wall_street_is_terrified_of_the/
Additionally, a linked SEC report (edit- commentary, not a report) about the role of counterfeit shares causing the spectacular failure of Fannie Mae and Freddie Mac, leading to the 2008 crash.
https://www.sec.gov/comments/s7-08-09/s70809-407a.pdf