I am sure the company is doing great.
Oh well, doesn't matter. The system doesn't particularly care, in the big picture, about how any particular company is performing. It's a trust and accounting system, that's all. Understand both of those and one can easily understand how the "markets" operate.
I'm just continuing to hold. I've never seen financial media and pundits so relentlessly concerned about what I do with my money and stock holdings as I have in recent months regarding selling my GME and BBBY holdings. Wall St is suddenly my friend and trusted advisor and is looking out for me? Ha.
The system they've devised requires that everyone outside of their selected institutions sell their holdings during their engineered crashes, which occur on religious/pagan calendar cycles (equinoxes usually...the pagan thing). It relies on creating fear and panic in brokerage customers and other trading entities losing their money, thus panic selling to take their dollars off the table. Most dutifully comply, as fear is of course the most powerful motivator. Financial media generates the fear and panic to sell. During the duration of the crash, which becomes self-sustaining as the fearful sell, the DTC and CBOE quietly clears years and years of fraud (synthetic shares, bad contracts and bad debts, FTDs, etc) from their books. After all, it is the DTC that holds all of the stocks and the cash under a trust structure. Once everyone has sold (thus clearing the accounting books of brokerage "shares") the fraud is cleared, the "bottom" is declared and the cycle starts over again. S&P500 2009 bottom was "666". Coincidence? I think not. Neither was Dow -777. Those are religious markers. The monkey-wrench here is that no one anticipated what happens when a large group of holders decide NOT to sell through a crash, thus NOT giving the DTC the ability to clear the fraud (synthetic shares that were never actually issued by the company and its transfer agent) from the books. Synthetic shares created by years and years of naked shorting and other shenanigans. Basic trust structure (mainly the fiduciary responsibility of trustee) and the associated book entry accounting system it uses requires that the books be zero'ed out (balanced) before a new cycle can commence with fresh, clean books. They can't, as trust fiduciary trustee, start new books while leaving a gaping accounting hole in the old books. It violates universal laws of karma, balance and free will. That's bad juju.
It's really quite simple once you understand the Trust system and book entry accounting used to manage the (In God We) Trust, though this is the Cliff Notes version.
The CFO of BBB that committed suicide was involved with the Gamestop CEO in artificially driving up the stock.
https://nypost.com/2022/09/04/bed-bath-beyond-exec-gustavo-arnal-faced-1-2b-suit-before-suicide/
Two things. First, media lies. You'll usually find more truth in the National Enquirer than you will in the NY Post. Second, allegations in a lawsuit pleading are not facts. The only thing in the article that even ties Cohen and Amal together is that they sold at similar times, while Cohen was an investor in the company. A lot of investors sold on that day. Don't claim lawsuit pleading allegations as facts. They may or may not be.
