MrRenev

Want to join the fun ride to zero?

Short
MrRenev Updated   
NYSE:CS   Credit Suisse Group AG
Hello,

This is our time to shine my bear bros! I waited for this moment my whole life! I constantly wait for the moment to make money while others suffer.

If you have been in this game for more than 6 months you know that Credit Suisse is a losing story.

No one wants to buy this dead bank. And even people "on its side" have targets way below where the price is right now.
UBS made claims about possibly buying CS in the future, which would provide a lot of liquidity (from noobs throwing their money into the fire).
As usual casuals are all long, 99% of IG clients are long. Humans are broken, I think they are part of a different species than mine.

And what is the best way to make quick profits? Short selling a stock that has fallen by 90%, if your broker and regulator will allow you to.

This pos is going to zero and there is nothing these 🤡 can do to stop it. History will repeat itself with mindless monkeys trying to "save the stock market" and to "save" a "reputable" bank. It's a lot of fun to see stupid people make the same mistake, but if these stupid people actually would let us make money from their mistakes then it would be even more fun. The more they try to "save" steaming piles of 💩, the more slow and painful it will be as well as harder to bounce back from.

This will at least be a lesson. A lesson to have several brokers (which I do) because they typically have the regulator pressuring them to protect "rEtAiL tRaDeRs" eager to buy shares such as this "thing" and lose everything they have. I have to be 1 in 100 that actually has a brain and wants to sell but that's barred too (otherwise the creatures will get angry and blame me for their losses). I'll update this idea if I am able to short sell 😁.

It could go up a few hundred percent sure, and a lottery ticket could go up a few million percents too. I'd never buy this, not without some sort of uptrend or new high first, and even then I'd just be in short term hoping for suckers to follow.

Definitely a great stock to short sell. It will still be overpriced at 1 cent.
Order cancelled:
No one is letting me short this pos. Time for a rant!
Options are in trading halted mode since March the 15th with one broker, another one does not have the ticker (removed it?), another one won't let me trade it because they suspended guarenteed stops on it.

Stocks stink. Best to stay away. This was literally the only setup I found interesting and no surprise here I can't even take advantage.

Brokers are perfectly happy to take my money when price action is random. They're happy to even encourage people to buy anything and hold because "iF yOu bOuGhT iN 1950 yoU'd hAvE mADe 5% a year thE mArKeT iS mAgIcAl". Why 1950? Why not mention 1925-1931?
What if you bought in 1925-1931?
What if you bought in 1936-1937?
What if you bought in 1720 (South Sea Bubble)?
What if you bought in 1830-1855?
What if you bought in 1650-1770 (no wonder it ended up in major revolutions)?

Brokers are covering their asses. 99% of weekend traders want to buy (funny). If they lose everything not only will brokers have to cover their losses I imagine (they'd have to hedge in case the price goes up), they'll get harassed by regulators. And if the price goes up brokers can't pay longs with short losses I suppose?
Never had a broker warn me I was trading differently than usual, or overtrading...

It's interesting to understand how it all works but I think I'll stick to FX, even if it has been underwhelming in the last 10 years. Maybe 80 year olds will ban short selling and print lots of money to (magically) "save the market and the economy" which will create movement in the currency market.

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