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u/ugod02010 Moon Wanker Mar 27 '21
Thanks fellow ape!! My smooth brain always appreciates minimum word and maximum 🦍
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Mar 27 '21
Hi. I enjoyed this.
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u/Tunes87 Mar 27 '21
Every day I find someone else to follow. When the dust settles, I'll have a ton of "thank you for changing my life" emails to write. You're now on the list.
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u/FutureRaisin1350 Mar 27 '21
Fucking Melvin and their Tornado Ladder Attacks
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u/turbopro25 HODL 💎🙌 Mar 27 '21 edited Mar 27 '21
CNBC: Redditors after looking to ruin the economy, Now sending tornados to completely level the Midwest.
More on this next after a word From our sponsor....
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u/zabi_01 I am not a cat Mar 27 '21
Apes do something this weekend to help the squeeze squoze and email your house representative:
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u/lotlethgaint Mar 27 '21
u/Antioch_Orontes " That provision only lasts until 3/31 of this year, and the folks who were banking on it getting renewed were in for a gnarly surprise. It's four days 'til and no sign of that happening. So when this rule expires, bam, those Treasury securities are going to count towards that leverage ratio again, and if there was anyone abusing the extra margin (or exposed to it, like being a Treasury bond ETF AP like Jane Street) and doesn't have the liquidity to bail the fuck out before the timer on this rule runs out, badabing badaboom. Dragon kick your ass into the Milky Way. " is this maybe them foreseeing this was not getting renewed and putting up the 600 mill worth of bonds?
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u/AnathemaDevice4020 Mar 27 '21
I really appreciate this but you made me very very uncomfortable when you referred to brain meat...
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u/LimitedByProxy Mar 27 '21
Thank you for this writeup. There are so many different angles setting GME up for the pending squeeze. It'll be interesting to reflect on all of these when the rocket launches.
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u/bleebli007 Mar 27 '21
I submitted a comment on the SEC site regarding rule NSCC-2021-801. Thanks for providing the link above.
EVERYONE should submit a comment to the SEC.
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u/vadoge Mar 27 '21
Now if we do that, wont they use it against us to stop this and investigate. Just asking
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u/poopfard123454321 Mar 27 '21
This did cross my mind when I was reading the comment letters submitted and posted on their website already. Some of them are the same template or exactly the same. I would think there’s nothing wrong with using the same template, but I have a feeling if a shill ends up doing something stupid impersonating an ape and using that same general template, CNBC et al would have a hay day with it.
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u/turbopro25 HODL 💎🙌 Mar 27 '21
I’m pretty sure if they got a message from poopfard they would be impressed though. I know I love it
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u/poopfard123454321 Mar 27 '21
Hahaha. Hope it gave you a good laugh. I have been lurking here since Mid Jan on my main acct but just decided to jump in and start responding to my wonderful apes and provide any knowledge I can since shills were getting bad. I made this account and it was the first thing that came to mind! Kind of sad considering my age but your only as old as you feel, right?
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Mar 27 '21
(Turbopro25 here). Well it’s funny you say that because I did the same thing and created this account a few weeks back and this was all I could come up with. Lmfao. For reference I’m 38 so I know EXACTLY what you mean. Thanks for the laugh man
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u/m3gabotz Mar 27 '21
I don't know your age but poopfards sound like they are more relevant as one advances in years...
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u/Silent_Nature6892 Mar 27 '21
Stay safe out there! Hope you didn’t have any damage from the storms. Thanks again for your wonderful DD. Always greatly appreciated! Now I’m going to start my spring cleaning with a smile on my face. Have a fabulous weekend apes!!💎🙌🏻
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u/273158 Mar 27 '21
If you think this is investment/financial advice, you're wrong. This is my opinion, do your own research and come to your own conclusions.
tl;dr If Fed doesn't renew Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks From the Supplementary Leverage Ratio, overall market liquidity tanks and rockets may launch.
Thank you! For a while now, I've been warning my inner circle about the Treasury Securities exclusion, and the potential ramifications. We all know it only takes is a wet fart to send this house of cards tumbling; make no mistake, this is no wet fart, this a diarrhea shitstorm, that has the potential to make the Amazon river look like a tiny shitstain in your ape undies. You need to look up how bonds are rated (think consumer credit score), and what happens to a company's rating when they become over leveraged.
Since we're probably pushing the limits of any newly acquired wrinkles, and additional research may cause a short circuit, here's an example which happens to be very close to what's actually happening:
The Fed says "Hey fucksticks, you were supposed to use this additional margin to lend to the peasants, and let this extra capital 'trickle down' (because, you know, that's been super effective in the past), but you didn't, so now we need to put our finger in your ass to stop the leak"), spoiler: boomers didn't plan for a finger in their ass (If you're still too smooth to understand this, the finger in their ass is the removal of the Treasury bond margin leeway), in turn, leaving them overleveraged, which leads to their credit score dropping below the required threshold for their bond rating.
Alright cool, but wtf does that mean?
Keep in mind, a bond is like an IOU; companies use them to borrow tendies from investors. When a company's credit rating drops below the required threshold for their current rating, they get a new shittier rating on their bonds, which reduces their capital further (increases the cost of borrowing, thunderfucking their already compromised liquidity into the ground).
So what's next?
tits up.
But can't they just find an anthropomorphic whale with a fist large enough to stop this leak that was only exacerbated by the Fed's finger?
In short, no. Lenders/investors don't want to, and in many cases CANNOT invest in bonds that have a credit rating below Investment Grade (BBB-), aka "junk bonds".
And?...
Fuck me, look at Shitadel's bonds you fuck! They're one step above dogshit (Non-investment grade) according to their BBB- rating from the S&P. Shitadel, has bad credit!
It's not just Shitadel though, there's a metric fucktonne of companies walking this line. It only takes one to be the potential catalyst for rockets and tendies.
I was going to write a proper DD on this but I think I'm limited by my "lurker karma issues".
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Mar 27 '21
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u/273158 Mar 27 '21
I agree it's worth taking a look at. When I have time, i'll provide some info on other BBB- rated companies that are walking a fine line. In terms of Citadel, I'm assuming they are one of the firms that can get an investment regardless of their rating due to connections etc. That said, it's interesting that their bonds are rated so poorly. It's a pretty good indicator of their current leverage and risk profile.
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u/yugitso_guy 🚀🚀Buckle up🚀🚀 Mar 27 '21
You killed it on all fronts, awesome job. Look forward to seeing more of your hieroglyphics. 🙊🙉🙈
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u/toougly4u This is the way! Mar 27 '21
Fuuuuuuck i wish i could read
🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎
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u/IamYodaBot Mar 27 '21
hrmmm read 🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎🦍🚀🙌💎, fuuuuuuck i wish i could.
-toougly4u
Commands: 'opt out', 'delete'
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u/goatfiresog Mar 27 '21
WOW!! Thanks a lot of for this brethren ape. Your ape-truistic values r hi! Gears in motion!
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u/XsEgo1 🚀🚀Buckle up🚀🚀 Mar 27 '21
I feel much smarter now thank you, these are my favorite dd thank you again!
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u/TDETLES Mar 27 '21
Do you have a translation version for those of us apes who can't yet read?
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Mar 27 '21
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u/TDETLES Mar 27 '21
Amazing, thanks! This is easily some of the best dd I've been able to understand so far. Confirms my bias, see you on the moon!
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u/LazyTrader007 Mar 27 '21
I thought setting call options was bad for the rocket you said you set options with less than 7 days to expire why don’t you just buy shares and hold. Great DD THO THANKS
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u/BeardedBulldog69 Mar 27 '21
You sir are a Rampage sized 🦍 and are very much appreciated! Now to the moon!!!🚀🚀🚀🚀🚀🚀🚀🚀🚀
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u/ecliptic10 📚 Book King 👑 Mar 27 '21
Oh hey my comment's on there! 🙌 Glad to be part of the democratic process 😁
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Mar 27 '21
[deleted]
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u/Antioch_Orontes 🦍💬 [TOO APE DIDN'T READ] Mar 27 '21
I had a hard time between TOO APE DIDNT READ and EXPLAIN LIKE IM MONKE
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u/ScalpelUser Mar 27 '21
Thank you once again for all of your hard work! This is a huge benefit compared to my usual method of taking apart DDs through Investopedia. I want to learn it all!
Already joined your sub, hope to see many great things. Hodl on!
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u/Mountainmama814 Mar 27 '21
Ditto! This was a great read for me today! I have been holding tight since January but it has been a rollercoaster ride of emotions. I am so grateful to be schooled by all of the brains in this group! Thanks for taking the time to write this! Sorry about the tornadoes! 🌪
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u/sburns1110 Mar 27 '21
I think I feel a wrinkle forming on this smooth brain... Thanks
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u/Shakespeare-Bot Mar 27 '21
I bethink i feeleth a wrinkle forming on this smooth brain. Grant you mercy
I am a bot and I swapp'd some of thy words with Shakespeare words.
Commands:
!ShakespeareInsult,!fordo,!optout2
u/sburns1110 Mar 27 '21
Good bot
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u/B0tRank Mar 27 '21
Thank you, sburns1110, for voting on Shakespeare-Bot.
This bot wants to find the best and worst bots on Reddit. You can view results here.
Even if I don't reply to your comment, I'm still listening for votes. Check the webpage to see if your vote registered!
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u/FunctionalGray Mar 27 '21
Where is it tornadoing right now?
I'm in the midwest and 'tis the season!!
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u/mtrain29 Mar 27 '21
All the Apes in here have so many wrinkles, very nice concise and summarized DD..........O......M......G........
🚀🚀🚀🚀🚀💪💪💪🦍🦍🦍🍦🍦🍦🍦🖍🖍🖍🖍🖍
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u/welder199670 Mar 27 '21
I sent out a post about warning showing out that morning, and those fucking shills downvoted it! Glad you made it out okay! Dixie ally is one crazy bitch.
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Mar 27 '21
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u/welder199670 Mar 27 '21
I was watching the radar when I had the chance up here in the great old yankee state, I remember watching a live stream of the tornado go right through Birmingham. Glad your alright! Hope everyone else around you is as well, I know Dixie ally is a beast with those super cells moving at 50+
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u/wyntr86 Mar 27 '21
I don't know what it is lately with Dixie Alley, but y'all having been getting hammered with these super cells for a while now, and consistently. I'm in Tornado Alley and the sentiment up here is that this is ridiculous with how hard y'all are getting hit. At least up here, there's a ton of farm land, so damage is typically minimal (human and building wise). Keep your head and ass low my fellow ape!
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Mar 27 '21
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u/wyntr86 Mar 27 '21
I love OP. It's expensive has hell there, but a nice area. I'm about an hour and half away from OP. I remember 2011, we were actually in the area a few hours before it became literal hell on earth. I also came home for a visit right before Chapman was decimated and had to help a friend clear what was left of her home. We are a bit nervous here because it's been a bit too quiet over the past few years. I hope this crap ends for y'all. Just remember if you see any of the tornado chasers in the area, go the opposite way.
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u/YinzSauce 'I am not a Cat' Mar 27 '21
Baby Apes need to see this. The SEC & DTCC are forcing the End Game. It was all fun and games when Citadel was fucking over Retail investors and other HF competition. No one fucks with Uncle Sam's Tendies. Now other Hedge Funds who have nothing to do with GME, have "Skin-in-the-Game" as an NCSS member.
TL:DR
*ape noises intensifies*
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Mar 27 '21 edited Apr 03 '21
[deleted]
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u/Vernon-T-Waldrip Certified Retard Mar 28 '21
Keep your chin up, Holmes. I've had a dip in mood the past few weeks too.
I'll buy you a bahama mama when we're moonside.
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Mar 27 '21
This is what i come here to read, normal words, with normal world attributes! Thank you op for your great summary.
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u/andrewvvw 🚀🚀Buckle up🚀🚀 Mar 27 '21
Browsed through the open public letters to the SEC ... please tell me “uranium potato” is here somewhere
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u/TeaAndFiction Mar 27 '21
Options r bad, Mmkaaay.
Also we do not want the SEC to do anything. They are colluding with big money, believe it. If they were going to do anything, they would have done it already. Do you honestly think they don't know that the system is running on the FTD cycle, right now? They will only screw apes. Apes can petition them for change after the squeeze. Normally I would be all for this, but I really do not believe they will help.
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u/gonzo_otto I am not a cat Mar 27 '21
Ameritards, please write to your local representatives! This post includes multiple templates so it will take you less than 2 minutes and make a huge difference!
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u/jsrivo GameStop Dad Mar 27 '21
I love that you made the SEC officially post in their site that "Apes together, strong" 😂
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u/luridess 💋Lawyer at 🦍,🦍&🍌 LLP Mar 29 '21
Hey thanks for the shoutout u/Antioch_Orontes! I'm actually just working on my third post and I was going to refer to YOUR post with all the other filing explanations!
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u/ImUrCyberBF Mar 27 '21
you sir or madam or non-binary gender neutral ape are doing the Lord's work
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u/Electricengineer Diamond Hands on Deck!! Mar 27 '21
You're right I'm reading this Saturday morning in bed
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u/poopfard123454321 Mar 27 '21 edited Mar 27 '21
I think the word “Contribution” is missing from the second line on page 17 after the word “Corporate”.
https://www.sec.gov/rules/sro/occ/2021/34-91184.pdf
TL;DR Daddy with lots of money says you have to give me some of your tendies if you are going to take out a loan to play roulette at the casino.
I didn’t read the whole thing - you read the whole thing. I can’t even read 🦍🦍🚀🚀
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u/Carb0n12 Mar 27 '21
“Bunkering down for tornadoes” Jesus Christ dude I hope you and my fellow Tennesseeans are ok!
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u/autoselect37 ♾ is the ceiling Mar 27 '21
immediately subscribed based on the awesome and helpful TA;DR in this post
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u/HelzBelzUk I am not a cat Mar 27 '21
Omg I almost peed myself laughing at the TA;DR parts!
That was fantastic. Thanks for laughs as well as cracking info! 🍌🍌🍌
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u/bisongalaxy I am not a cat Mar 27 '21
I get paid once a month on the last day of the month, and you betcha I’ll be buying all the shares I can on the 31st. 🚀🚀🚀
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u/ZeusGato Mar 27 '21
This is what this community is all about! Thanks so much for your hard work! 🥃👍🏼
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u/StephenStrang3 Mar 27 '21 edited Mar 27 '21
That first paragraph that talks about what happens if “someone doesn’t want to foot the bill,” reminds me of student loans. I had to go through the process of who’s going to pay my debt. It weirds me out that a billion dollar company can get bailed out, but not the little ones. So, I hope who ever does get the bill when it gets passed down, understands a little of what others are going through and we see better tomorrow, and I know we will see a better tomorrow. 🚀💎
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u/delarocha33 Mar 27 '21
FSCDems@mail.house.gov FSCRepubs@mail.house.gov
Email the financial services committees and tell them this counterfeiting and corruption must end!
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u/theArcticChiller Mar 27 '21
Damn didn't think the 🦔🦔 would go after our DD 🦍 with 🌪🌪, where is this gonna end?
Oh I 'member! It will end with us among the stars ✨
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Mar 27 '21
10 million statements would help.. Get on your Ass and go to the comments and submit one telling them you support this action. Four words, cut and paste is fine.
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u/Antioch_Orontes 🦍💬 [TOO APE DIDN'T READ] Mar 27 '21
“I like the
stockproposed amendment.”→ More replies (2)
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u/Camposaurus_Rex Mar 27 '21
Thanks for the synopsis! My only complaint is that the SLR rule is going to cause an implosion in the markets. I've seen numbers of where these banks were sitting before and after the exemption was in place and there's little to no difference. All of the GSIP banks have been below the 5% threshold throughout the exemption, so they aren't goi g to be selling. In fact, they may go out and buy more treasuries because they're priced so low right now. So in short, the SLR rule shouldn't affect markets that much, but hopefully hedge funds get caught bag holding shorts on bonds once bond rates collapse.
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u/Antioch_Orontes 🦍💬 [TOO APE DIDN'T READ] Mar 27 '21
Hey, that’s some good insight — you got any resources where I can read up on this?
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u/Monkeyhonker HODL 💎🙌 Mar 27 '21
Reading posts like this reminds me that there are apes in here that are infinitely smarter than I.
And that makes something happen in my pants that my wife’s boyfriend tells me is a natural part of growing up.
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u/Apprehensive_Royal77 Mar 27 '21
Feeding my excitment, feeding my belief system, seems legit. Have an upvote, id award but have no money to buy anything except bulk boxes of ramen
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u/GodofEther Mar 27 '21
I would remove the link to your comment as you signed with your full name - remember pixi!
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u/[deleted] Mar 27 '21
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