Are Brokers lending your shares without informing you?

As it turns out, Brokers might say “they’re not lending your shares.” and then they may proceed to lend shares that may or may not be yours. Which, depending on how your shares are accounted for, your shares might be in some Omni-bus arrangement of shares. So it’s not technically yours being lent. Perhaps your… Read More Are Brokers lending your shares without informing you?

Transcript of four interviews with IBKR during Can’t Stop, Won’t Stop, Game Stop

IBKR for you folks like me who forget what/who they are, are a brokerage firm that allows people to trade stonks outside the US. IBKR is short for Interactive Brokers Group, Inc. Anyways, I wanted to do an analysis of what the IBKR Founder and Chairmen said (Thomas Peterffy on CNBC on the 28th), Feb… Read More Transcript of four interviews with IBKR during Can’t Stop, Won’t Stop, Game Stop

‘Beneficial Ownership’ and Brokers are not your friends. Chances are, they never had your back nor your shares.

Alright, come with me to Pretend-land and put on some pretenses for your amusement. Let’s say your some retail trader and you’ve got an account with the popular mobile game Robinhood or Etrade or something in the genre of ‘stock markets’ and ‘online gambling’ or ‘degenercy adjacent to pornography’. Point is, if you actually read… Read More ‘Beneficial Ownership’ and Brokers are not your friends. Chances are, they never had your back nor your shares.

Are Pension Funds Sacrificed to Backstop the US Dollar? I ask AI because I have no idea what I’m talking about.

As the title suggests, I really don’t know anything. And because I don’t know anything, what I’m going to say is only truths or subjective personal truths, making this accurate Gone-zo journalism. You’re welcome. Socrates would be proud, because I really know that I don’t know. You know? So, what is a Backstop? In Finance,… Read More Are Pension Funds Sacrificed to Backstop the US Dollar? I ask AI because I have no idea what I’m talking about.

CNBC News edited out criticism of CNBC News editing out criticism. . . a GME story

I shit you not, this is part of the peak clown world. So on a live stream, CNBC was accused of editing out earlier footage of criticism towards Citadel Securities. To which, CNBC edited out that livestream accusation of CNBC. . . Here’s the video and proof; Here’s the Transcript; “CNBC always rolls out the… Read More CNBC News edited out criticism of CNBC News editing out criticism. . . a GME story